Corporate America’s sunshine patriots – Great Recession | Economic Recession, Economic Crisis

I couldn’t help thinking that they and their big business colleagues could perform an even greater patriotic service to America by working to create more jobs.

Naive? Not really. After all, as of last week, as per the website Zero Hedge and data analysts Capital IQ, 29 public companies — including Bank of America, JP Morgan Stanley, Goldman Sachs, GE and Warren Buffett’s Berkshire Hathaway — each have more cash on hand than the U.S. Treasury.

via Corporate America’s sunshine patriots – Great Recession | Economic Recession, Economic Crisis – Salon.com.