An Old Fashioned View of Hoarding

My Financial Times Column 08/30/10 An old-fashioned view of hoarding By Philip Delves Broughton Until the credit crunch struck, companies that hoarded cash were viewed as thoroughly idle. They were the indecisive weaklings who should have been out acquiring, investing, returning money to investors and loading up the balance sheet with debt.¬†Cash hoarders spoke of… Continue reading An Old Fashioned View of Hoarding