Kate Kelly isn't the only one giving us an early preview of (what's got to be) her forthcoming book on Bear Stearns! For his latest Trader Monthly column, out today, CNBC's Charlie Gasparino hops aboard the J-Cay train, for a little look-see at what we hope in our heart of heart's will be titled When Mooks Fail.
One spoiler, in particular, is quite disappointing. While we'll still certainly read the free galley, the reality that, barring a miracle wherein Cayne scrapes the funds together to start using again, WMF won't contain a chapter detailing the dynamic duo's weekly hot boxing sessions, is a very bitter pill to swallow. We imagine our sadness is on par with the BSC employees whose life savings' went up in smoke 'cause someone was having too much fun at bridge camp to make it into work. Perhaps worse. Sayeth the destroyer of dreams:
"Let me say up front that I know Cayne better than most journalists; I have had a long reporter-source relationship with him. I have never seen him stoned -- not once."
The line "The summer of 2007 was a hot one for Jimmy Cayne" is slightly redeeming, though if he'd really wanted to make amends, he would've gone with "It was a dark and stormy night for Jimmy Cayne." Whatever. Nothing can stop the unbearable sadness about this permeating DBHQ at this time.
Related: Up in Smoke: How That Big Scungili Head Cayne Wrecked Bear
The Cayne Mutiny [Trader Monthly]
Posted by guest , May 28, 2008 2:45PM
When Mooks Fail.......truly priceless
Posted by guest , May 28, 2008 2:48PM
How exactly is the guy qualified to write about Wall St?? Has he ever been a trader, work for an IB etc? His arrognce is astounding. Seriously Chuck, go carve me up a pound of prosciutto and shut your hole.
Posted by guest , May 28, 2008 3:59PM
Excerpt from Gasparino's deathless prose:
"'Bear could survive,' Cayne told me. As for his own fate, I remember his assessment going something like this: 'If I'm going down, I'm going down like a samurai!'"
Posted by charlie gasparino , May 28, 2008 4:30PM
now that i've figured out the names. identities and places of birth of the first three guests, it's time to contact their supervisors, who i happen to know, run subway sandwich shops in suburban nj
Posted by Random Banker , May 28, 2008 7:13PM
Shoulda gone with "when mookses fail"
Posted by guest , May 28, 2008 7:34PM
Hey, Charlie, I posted @3:59pm. What have you got against me? I just quoted from what you wrote!
Posted by guest , May 30, 2008 1:40PM
Hey Carney, you in bed with Gasbag? How else could he get the URL's?
Posted by guest , May 30, 2008 1:40PM
Hey Carney, you in bed with Gasbag? How else could he get the URL's?
Posted by guest , May 30, 2008 7:55PM
Good post. The Gasbag is giving Carney a Lewinski! lol And the post at 2:48 is totally on point. What does qualify this guy to write this shit. It's obvious from his reporting that he barely literate. CNBC will wake up to this soon and we will finally be rid of this annoying pain in the ass. In the meantime, use the mute button.