Tableau for Two at the McDonald’s in Winchester

I had known they existed, but I’d never met one before nor even seen one up close, at least not that I’ve known. There have been suspected sightings. And there had been conversations that I ended before they progressed far enough for me to tell, and I certainly wasn’t going to ask. Supposedly there are a lot of them. […]

A Wagonload of ‘I Don’t Knows’ Stumpfs Congressional Panel

  John Stumpf showed the world today how the CEO of a very large bank can be totally out of touch with the organization he oversees. Or, maybe he just showed us how hard it is to say “I’m sorry” without incriminating yourself. Either way, he made heavy use of the phrase, “I don’t know.” One member of the […]

Up in Smoke: Any Chance of Halting Creation of the Utility Monster that Ate Cleveland. And Baltimore. And, …

If you’re a news junkie in the D.C. area and you’ve been following the proposed Pepco-Exelon merger drama for the past couple of years, you might know that at 1:54 p.m. today, the Washington Business Journal announced that D.C. Public Service Commission — the last regulatory hurdle to the $6.8 billion all-cash tie-up of energy giant Exelon and local utility […]

Air Force One Awaits its Presidential Wannabes

The Reagan Presidential Library in Simi Valley, Calif., will host tonight’s Second Republican presidential debate, with Air Force One as the backdrop. Click here for more photos of the Boeing 707 used as Air Force One during the Reagan presidency, and the library.

Securities Market Asia

Ex NYSE Chief: Regulation NMS was a sad, sad experiment

In this weekend’s look back at the news, Dick Grasso, who presided over the New York Stock Exchange between 1995 and 2003, told hosts of Wall Street Week that the SEC’s 2005 adoption of Regulation NMS was a “sad, sad experiment.” The interview, which was taped Friday, as first reported by The Wall Street Journal, covered a lot of ground, […]