# Prof. Lawrence White on large companies holding onto cash

1 Faculty News February 15, 2012 ![Nightly Business Report logo ](/sites/default/files/styles/246w/public/assets/images/con_030507.jpg?itok=lUhViyV_)>

Excerpt from [PBS Nightly Business Report](http://www.nbr.com/technology/companies-like-apple-are-sitting-on-huge-piles-of-cash-20120215) -- "It's clearly not a very high productivity use of your resources. And so it's a wasting asset."

[Read more](http://www.nbr.com/technology/companies-like-apple-are-sitting-on-huge-piles-of-cash-20120215)