BEST DUI (2007)
U.S. Airways CEO Doug Parker's stop at the Birds Nest
Problem is, according to media reports at the time, Parker bought himself a few too many consolatory drinks, and then he decided to drive himself and his drinking buddies home from the exclusive "Birds Nest" revelries at the FBR Open.
About 11:30 p.m., Scottsdale Police sergeant Mark Clark spotted Parker's speeding, swerving BMW and pulled him over. The police report tells the rest: "I observed/detected the following: bloodshot eyes, watery eyes, odor of alcohol on the driver's breath. Speech was: slurred," Clark wrote.
When the New York Stock Exchange closed that day, U.S. Airways stock (LCC) was selling for about $56 per share. Since Parker's DUI, the company's stock has plunged to about $30 per share.
You do the math.
Oh, okay, we'll do it.
Multiply U.S. Airways' 91.5 million outstanding shares by a loss of $26 per share, and crude math calculates the company has lost about $3 billion in market value. Granted, there are more factors at play than Parker's one-too-many. Still, we award Doug Parker a "Best of" for both the most expensive beer and for single-handedly manipulating a publicly traded stock.
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