A head-turner for the hangar

Business Jet Traveler » October 2008
Wednesday, October 1, 2008 - 5:00am

Your keychain fob and polo shirt show pictures of your airplane, so why not the soda machine in your family/media room or hangar? That's the thinking from Denver-based American Soda Machines, which has made a business of restoring and customizing vintage pop vending machines. While the company has units dating back to the 1940s and '50s, the '60s-era Vendo 63 reportedly makes the best "canvas" for custom artwork. Prices for these start at $2,695 plus shipping, but once you own the machine, the price of a can of soda is strictly up to you.

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““CEOs go to their vacation homes just after companies report favorable news, and CEOs return to headquarters right before subsequent news is released. More good news is released when CEOs are back at work, and CEOs appear not to leave headquarters at all if a firm has adverse news to disclose. When CEOs are away from the office, stock prices behave quietly with sharply lower volatility. Volatility increases immediately when CEOs return to work.” —David Yermack, a New York University finance professor, whose recently released study shows a correlation between when CEOs take their private jets on vacation and movements in their companies’ stock price ”

-David Yermack