Native Village
Youth and Education news
Volume 3  March, 2011

The Top 11 Corporate Cash Hoarders
Read the entire article: The Huffington Post
Condensed by Native Village

Instead of building plants or hiring workers, corporate America is sitting on 1.3 trillion dollars in cash and liquid assets. This is the highest level since 1959.

With high unemployment, families must limiting spending, so companies are not expanding. But with today's low interest rates, their
$1.3 trillion might as well be stuffed in a mattress.

"The corporate sector is looking at the household sector and saying, "this is not the environment where we should expand our business,'" said economist Torsten Slok.

The top
11 list includes some of Americas biggest name brands. Foreign companies also have rankings.

The data was collected by Standard and Poors.

                              

Which companies are hoarding their cash?

#11 Apple Computer
 $25,600,000,000 in cash reserves.
Employs:
14,000 Americans.
#10 Total SA
$27,000,000,000 cash holdings.
Employs:
96,000 Americans.
#9 Google Inc
$33,300,000,000cash holdings.
Employs: 
25,000 Americans.
#8 General Motor
$33,400,000,000 cash holdings.
Employs:
209,000 Americans.
#7 Volkswagen AG.
 
$34,600,000,000 cash holdings.
Employs:
370,000 Americans.
#6 Petroleo Brasileiro S.A- Petrobras
$34,600,000,000 cash holdings.
Employs:
 77,000 Americans.
#5 Cisco Systems
$38,900,000,000 cash holdings.
Employs:
72,600 Americans.
#4 Microsoft Corp
$43,200,000,000 cash holdings.
Employs:
 88,000 Americans.
#3 China Mobile .
$46,700,000,000  cash holdings.
 Employs:
130,600 Americans.
#2 Toyota Motor
 $48,300,000,000 cash holdings.
Employs:
28,700 Americans.
  #1 General Electric
$78,300,000,000 cash holdings
Employs:
300,000 Americans.

 

 Volume 1
On Day Dedicated to Native Americans, A Move to Honor Hopi Tribe's Code Talkers
New Office to Serve as Advocates for Tribal Veterans 
Metis Livid About Proposed Status System
Saying NO to $1 Billion Dollars
New Images of Remote Brazil Tribe
Amazonian Indians More Advanced Than We Knew
Australia's Aborigines to Launch Political Party
Irish Travellers to Shed Light on Indigenous Research

Volume 2
Berenstain Bears to Speak Lakota
Students Tell Saanich Myths Through Computer Animation  
Children's Book Exhibit Depicts Native Path to Diabetes Prevention
Mentoring Program Coming to Kodiak
100% Knights to Create Career Pathways for Aboriginal Students
Arizona Culinary School Recruits American Indians, Now Available for Federal Financial Aid
Book Lets Great Lakes American Indians Tell Their Own Story
Volume 3
UN Declares 2011 the "International Year of Forests"
Think the Super Bowl Battle was Big? Fight Over Conservation Funding Looms Larger
Limit Set for Native Polar Bear Hunters Under International Treaty
White House: Tribes Fare Well in 2012 Budget
Ziebach County South Dakota: America's Poorest County
Top 5 Obama Regulations that American Businesses Hate Most
The Top 11 Corporate Cash Hoarders
Volume 4
Donna Karan Collaborates With an Indigenous Artist as Part of "Nomad Two Worlds" Art Exhibit
Alligator Wrestling and the Men Who Do It
Custer Flag to Be Sold by DIA
Museums Work to Credit the Individuals Behind Native American Artwork
All My Relations Gallery Showcase for Native Art
Grammy Winner Helps Locals Build, Understand Flutes
German TV Crew Films Program About Nokota Horses

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