Companies have $1.4 trillion in cash. Will they spend it? - Mar. 20, 2015
I have a few thoughts on what they could do with it.Corporate America has so much cash sitting in the bank that it could purchase the Dallas Cowboys 437 times without borrowing a dime.
Or if these titans of business really love House of Cards they could splurge by acquiring Netflix(NFLX, Tech30) 53 times. They could even buy Apple (AAPL, Tech30), Facebook (FB, Tech30) and Warren Buffett's Berkshire Hatahway (BRKA) and still have cash to play with.
In other words, big American companies literally have more cash than they know what to do with.