That's just Jake: Brace is out at United, stock leaps

Nobody like this fellow, it would seem. They may have meant he did a god job. But we think it's pretty clear that Jake Brace, the chief financial officer at United Airlines, is being thrown under the bus. Brace, who was its chief restructuring officer during its lengthy bankruptcy reorganization, said he was retiring (at age 50), after which the company's shares jumped to their highest in months and higher than other airlines. Brace, who started at United in 1988, was the guy who went into bankruptcy court and demanded that United's unions take wage and benefit cuts, and he was the frequent target of the wrath of the pilots and flight attendants.