Yesterday'​s Wall Street Journal featured "​Jittery Companies Stash Cash" on the front page. The piece said, "Stung by the financial crisis, companies are holding more cash -- and a greater percentage of assets in cash -- than at any time in the past 40 years. In the second quarter, the 500 largest nonfinancial U.​S. firms, by total assets, held about $​994 billion in cash and short-​term investments, or 9.​8% of their assets, according a Wall Street Journal analysis of corporate filings. That is up from $​846 billion, or 7.​9% of assets, a year earlier.... Companies as diverse as Alcoa Inc., Google Inc., PepsiCo Inc. and Texas Instruments Inc. all reported big third-​quarter increases in cash holdings."

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