Just When Everybody Thinks Corporate America Is Fucked

Here's an update on that corporate cash hoard currently being, well, hoarded at nonfinancial companies across America...



    $1.9 trillion: Corporate America’s cash

    U.S. companies’ cash hoard keeps getting bigger, a trend both good and troubling.

    After hitting new highs in five of the last six quarters, nonfinancial corporations’ cash and other liquid assets reached $1.9 trillion at the end of 2010, according to the Federal Reserve. That’s 7% of all their assets, the highest level since 1963.