Concentration! 'The 1%' hoards cash

May 11, 2015 4:56 PM

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Concentration! 'The 1%' hoards cash

Companies with the very largest piles of cash talk about giving money back to investors. But the reality is: They can’t get rid of cash fast enough.

The top 10 companies with the largest mounds of cash control roughly 35% of all the cash held by the biggest 1,137 non-financial companies rated by Moody’s Investors Service. Not only is that 2014 figure up from 2013’s level – it’s up 9.7% since 2009.

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