bristol-myers

For Sale: 2 Helicopters, 1 Jet, All in Matching Colors

cityfile · 12/05/08 09:35AM

Getting rid of your fancy jets is the trend du jour in corporate America, haven't you heard? Well, here's one more company you can add to the list of Fortune 100 companies cutting back on the lavish perks afforded to senior executives: Bristol-Myers Squibb has put two helicopters and a Gulfstream jet on the market. Best of all? They match! (The color scheme is "Matterhorn white with Las Vegas gold and Flight blue accent stripes," in case you're curious.) It's comforting to hear that Bristol-Myers' CEO has never had to worry about parking the jet next to the helicopters and having them clash, and if you're in the market for a new fleet of aircraft, picking up a matching set will save you on a costly paint job. And it might just be the ideal option if you happen to be a Notre Dame fan.

Street Talk

cityfile · 09/12/08 05:11AM
  • Will today be Lehman's last day as an independent firm? Last-minute discussions continue with several possible rescuers, including Bank of America and possibly Barclays, and the Fed has said it has no plans to bail out the nation's fourth-largest investment bank. [WSJ, NYT, Bloomberg]

Street Talk

cityfile · 07/31/08 04:58AM
  • Bristol-Myers Squibb is offering $4.5 billion for ImClone Systems, the drug maker controlled by Carl Icahn. [Dealbook]