Michael Brush points out that American companies are sitting huge amounts of rainy day money, and they need to start spending again, or start paying some of it back to investors. The latter is the less likely, given that CEOs get nothing for hoarding cash. Knowing which companies will benefit from the spending spree helps.
While many Americans are living on tight budgets because of lost jobs or fear of losing a job, companies face a very different dilemma: They're sitting on growing piles of cash.
Faced last year with the doomsday scenario of the next Great Depression, companies slashed jobs and cut expenses. The depression never came, and money continued to roll in, albeit often at lower levels.
That's left companies overflowing with cash -- at least a half-trillion dollars more than they had at the end of 2008 and probably much more.
Corporate Americaās huge piles of cash, MSN Money, December 1, 2009
