Companies piling cash? Yeah, but not so impressive

[RadiomanATL]

Because they're piling up debt even quicker.

The Associated Press: Why that corporate cash pile isn't so impressive

U.S. companies are sitting on $358 billion more cash than they had at the start of the recession in December 2007, according to the latest Federal Reserve figures, from June. But in the same period, what they owed rose $428 billion.