Tuesday, March 10, 2009

"Cash Rules Everything Around Me"

Business Week details:

At a time when the economy is experiencing its steepest drop-off since the depths of the 1982 recession, it's perhaps not surprising that cash is the new black at big corporations—and the bigger the pile, the better. With that in mind, BusinessWeek sought out 21 U.S. outfits that most aggressively stockpiled cash in the most recent quarter. Collectively, this group of companies added $83.7 billion to their balance sheets. By contrast, they reduced their cash by a total of $808 million during the same quarter of 2007.


  1. This would be very interesting to see as a % of market cap.

  2. not a bad idea... will work on something tonight.

  3. C.R.E.A.M.
    Get the money
    Dollar, dollar bill y'all

    I peep at the shape of the streets,
    And stay awake to the ways of the world
    cause shit is deep,
    A man with a dream with plans to make C.R.E.A.M.

    But I'm still depressed, and I ask what's it worth?
    Ready to give up so I seek the Old Earth,
    Who explained working hard may help you maintain,
    To learn to overcome the heartaches and pain.

    To get a bill, 'cause we can't just get by no more.