““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 ”
Haute Cuisine: Nigiri Maki
The Dish: Nigiri Maki Chef Galine at Chefs de France on the Caribbean island of St. Maarten begins making this tantalizing Japanese platter by rolling sushi rice between his palms. Then he drapes the sushi with a thin slice of squid, octopus or eel and binds it together with a strip of nori, or edible seaweed. The result is makizushi (translation: "rolled sushi"), the best-known form of which in the U.S. is the California roll. A typical Nigiri Maki platter from Chefs de France features maki rolls of sweet shrimp, squid, flying fish roe and freshwater eel along with nigiri that includes salmon and tuna. The sushi rice is a white, short-grained product mixed with a light dressing of rice vinegar, sugar and salt.
The Caterer: Chefs de France, St. Maarten, Netherlands Antilles, 0590 29 15 99, www.chefs-de-france.com
Chefs de France is the creation of the husband-and-wife team of Nicolas and Aline Granier. Launched five years ago, the catering company serves the business aviation and yachting communities on the Caribbean island of St. Maarten. The caterers operate from a two-story building that includes a small restaurant.
Nicolas, who trained in France, comes from a family of chefs. "I've spent all my life in restaurants," he said.