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    Airbus CEO dropped trousers for plane deal: book (Reuters)According to Boeing versus Airbus, a book by writer John Newhouse that will be published tomorrow, the colossal rivalry was born when a pair of pants were dropped; specifically, those of Jean Pierson. While at US Airways for a meeting to seal a 400-plane deal with then-chair […]

    / Jan 15, 2007 at 3:21 PM
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    NYSE to Close in Ford’s Honor (WSJ) We grew up believing that Gerald Ford was at best a joke and at worst an enemy. It’s still hard to not think of Chevy Chase’s pratfalls when we hear his name. And his choice of liberal Republican plutocrat Nelson Rockefeller as vice-president marked him as not only […]

    / Dec 29, 2006 at 11:59 AM
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    Bernanke Recovers From Missteps to Earn Inflation Credibility (Bloomberg) After early doubts about the Fed chief’s commitment to fighting inflation and charges that he was too candid about policy, investors are now giving the 53-year-old Bernanke a vote of confidence. The yield on the benchmark 10-year Treasury note has fallen to 4.65 percent — from […]

    / Dec 28, 2006 at 11:58 AM
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    Dow Runs to New Record (The Street) Despite light trading, the Dow closed at a new record today, finishing at 12,511, thanks to gains in Alcoa, Citigroup, and GM. Over the past two days, only 1.67 billion shares were traded on the NYSE, while the NASDAQ only traded 1.24. Tomorrow could be the last day […]

    / Dec 27, 2006 at 5:00 PM
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    Ex-Trader Tells Story as a Warning (NYT) After you’ve lost $1.3 billion in Japanese stock futures and bonds, run your employer into the ground, provoked the ire of the Queen of England and served four years in prison, there isn’t much left to check off on the Things To Do Before I Die list, save […]

    / Dec 26, 2006 at 3:00 PM

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