Regardless of the episode of Dallas currently playing out in our industry, it's now a share holder decision so we won't speculate on who is JR Ewing and who is Cliff Barnes in this one, I was wrong about a revised EMC bid since the company stuck to it's offer of $30 in cash and a quick close.
In a duff economy where the finances of institutional investors could probably do with an injection of cash to make their book look stronger before year end we'll see how that plays.
Moving on I read something incredibly disturbing in yesterdays Wall Street Journal.
In order to cram in more seats the airlines have started shaving inches off of the legroom in coach, have reduced the number of bathrooms and are replacing the galleys with even more seats.
Air travel truly has reached the point where it's now like riding the bus. Except the bus doesn't require a near Colonoscopy as you pass through security and you won't get stuck behind some moron who thought the rules about liquids didn't apply to them so now they're arguing with the people running the X-Ray machine as to why that large Bottle of Plonk in their hand luggage is such a big deal?
If you thought being a road warrior was a chore before soon you might think back on your current journeys as being the glory days of air travel.
Though I wish they'd just remove peoples ability to lean back in their seats. It's bad enough flying transatlantic with your knees tucked up under your chin without some inconsiderate Oink deciding that you should also you suffer the indignity of eating your tasteless in flight meal while fixed in an even worse position.