The latest must-have gadget: iCash

Everyone wants to get their hands on record corporate cash piles. They should leave them well alone

It sounds like the set-up to a bad gag: what do David Einhorn, the poker-playing activist hedge fund manager; Mark Carney, the incoming governor of the Bank of England; and the Reverend Jesse Jackson, the American civil rights leader, have in common?

The punch line (which is definitely not funny): they all want to get their hands on the record cash piles sitting "idle" (we'll discuss just how idle in a minute) on company balance sheets.

WSJ Logo
Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump