TWSA!’s Fat Cat Index: Corporate Petty Cash And What It Could Do

Once I built a railroad, I made it run, made it race against time.

Once I built a railroad; now it’s done. Brother, can you spare a dime?

Once I built a tower, up to the sun, brick, and rivet, and lime;

Once I built a tower, now it’s done. Brother, can you spare a dime?

Or, perhaps, a hundred billion or two? Since the official December 1, 2007 peak of this Lesser Decession, nonfinancial corporations’ holdings of cash and short-term securities have rocketed to previously uncharted heights.

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And like a rocket, it accomplished its excape velocity quickly.

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February 2012: Introducing “The Fat-Cat Quotient.” How Many Poor Families Can Mitt Romney Afford On His 2011 Speaking Fee Income Alone?

March 2012: Romney Elevates His Distance With Car Elevator – Here’s His FCQ (Fat-Cat Quotient)

May 2012: Fat Cats Get Fatter, 2011 CEO Pay Rose 6% To Average $9,600,000. Here’s How Many Poor Families That Paycheck Can “Sponsor”

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