It has been forced to cede ground on this to its partners, British Aerospace and Dasa, which both want factories working on Airbus planes to be owned and run by the new company, even though the wings, tails and cockpits have to be flown around Europe in a specially converted aeroplane, known as the Beluga, before final assembly.

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In contrast, we have long known of the existence of fat tails in asset markets.

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We have had cases of cutting the hair on manes and tails, but this is beyond that.

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Farm tools likes axes, adzes and froes--even horses' tails swishing against the barn door--have all left their marks, giving the wood that lovely distressed look that comes from real wear and tear.

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And given that (a) Wall Street is a cold-hearted place and (b) stocks have been moving in a straight up fashion on the tails of strong earnings, decent economic data, and a renewed plunge in the dollar, it is important to note that stocks have become overbought and are due for at least some sort of a pullback in the near future.

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Event distributions have been getting a lot of attention over the past several years, especially their tails.

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"Germans have a really close and positive relationship with southern Ireland, and this rides on the coat-tails of that, " said the acting editor of the English online news site, The Local.

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