Businesses, banks hoarding cash | Richmond Times-Dispatch

Businesses, banks hoarding cash | Richmond Times-Dispatch: "'Cash accumulation by major U.S. corporations is at an all-time high since the 1960s,' said Kenneth N. Daniels, a finance professor at Virginia Commonwealth University. 'Firms are hoarding cash, banks are also not lending . . . and the economy will not rebound at the pace or the magnitude to significantly change the unemployment rate