Peer2Politics
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Peer2Politics
on peer-to-peer dynamics in politics, the economy and organizations
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In Exchange For Cutting Benefits, This Bankrupt Coal Company Agreed To Pay Executives Millions

In Exchange For Cutting Benefits, This Bankrupt Coal Company Agreed To Pay Executives Millions | Peer2Politics | Scoop.it
Alpha Natural Resources is one of the four largest coal companies in the U.S. and filed for bankruptcy last year.
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Apple, Google and Facebook are latter-day Scrooges - Financial Times

Apple, Google and Facebook are latter-day Scrooges - Financial Times | Peer2Politics | Scoop.it

ll across the world companies have in recent years been hoarding cash, nowhere more so than in the US. For at least a decade and a half, cash has progressively increased its share of the American corporate balance sheet, to the point where US quoted companies have turned into the Scrooges of the global economy. According to research by Juan Sánchez and Emircan Yurdagul of the Federal Reserve Bank of St Louis, their cash hoard had reached almost $5tn by the end of 2011.

 
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