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How would you manage $1.24 trillion in cash?

Written by Ashwin Rattan Wednesday, 14 March 2012 14:45
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Bloomberg report that US companies are currently banking/holding/sitting/hoarding/keeping/guarding (delete according to preference) $1.24 trillion in cash, with Apple leading the way as the king of erm liquidity. 

How best to manage the growing corporate cash pile against the backdrop of the most uncertain economic conditions since the 1930s?

Fortunately help is at hand, with the soon to be published The Art of Cash Management by John Bertrand. 

John's expertise in banking, cash management, payments and technology was gained over 30 years at Citibank, IBOS, ALLTEL, Misys and Admertec/Ceptum in the USA and UK.


Thomas E Jones, former Vice Chairman of the IASB describes John's book as: 

''Superb.

For the first time there is a book that explains banking and finance in everyday language. Easy and simple to read and understand. It is ideal for CFOs and others needing a practical understanding of finance and how it affects their companies." 

So if there are corporate cash managers looking for an investment, how about investing in some old fashioned paper, or perhaps even a kindle or PDF document?

A thought. 




Last modified on Thursday, 15 March 2012 00:45

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