Just like he claims to have never touched marijuana despite the fact that former colleagues describe his office at 383 Madison as a “straight-up grow house.” Wall Street Marijuana and Cough Syrup Expert Charlie Gasparino, however, is not convinced, and implies as much in The Sell-Out. CG knows an addict when he sees one, and what’s more, his sources in the world of crack-slinging are second to none.
Cohen recalls one such incident of Cayne’s free-living lifestyle: Cayne called him to his forty-eighth floor corner office with its great view of the East River in Lower Manhattan to discuss some firm business. After a couple minutes of small talk, Cohen says Cayne reached down into his desk and pulled out a blue Bromo Seltzer bottle. (Bromo Seltzer is a white powdery antacid.) “What do you think’s in here?” Cayne said, according to Cohen’s recollection. “Bromo Seltzer?” Cohen asked, slightly bewildered. “No, it’s filled with cocaine,” Cayne said with a smile. Cohen never checked to see if that was true, and Cayne in an interview says he has never done coke (he also called Cohen’s account “patent bullshit”).
The Financial Crisis Lit Cheat Sheet [NYM]
Posted by guest , Oct 21, 2009 12:02PM
Aren't y'all going to comment on Schumer attacking dark pools and IOIs?
Posted by guest , Oct 21, 2009 12:06PM
@1 we're talkin about jimmy cayne's drug use here pal.
-cg
Posted by guest , Oct 21, 2009 12:07PM
Patent bullshit from a patent fag. Bite my belt and whistle "Camptown Races."
-Cames Jayne
Posted by guest , Oct 21, 2009 12:07PM
@1 - nobody here has much interest in the actual business of Wall Street. Ho's and drugs, y'all
Posted by guest , Oct 21, 2009 12:12PM
Beth, you're on fire.
Posted by guest , Oct 21, 2009 12:12PM
Woops, Bess..
Posted by guest , Oct 21, 2009 12:13PM
4- the catch phrase is "hookers and blow" you putz
Posted by Anal_yst , Oct 21, 2009 12:13PM
that's a pretty good idea JC, thank's for the advice
--Wall Street Gen Cayne +2
Posted by Clown Capital , Oct 21, 2009 12:24PM
So what. Is CG ever going to talk about the Gimp he keeps under his desk for "personal" reasons? Hmmmm...
Posted by guest , Oct 21, 2009 12:28PM
AT 4- You may not be, but I am
Posted by guest , Oct 21, 2009 12:30PM
@9 I'll break ya face.
-cg
Posted by guest , Oct 21, 2009 12:34PM
Now we see who turned Gaspo on to intraurethral Flonase. That's a bitch to kick.
Posted by Investorcluzo , Oct 21, 2009 12:38PM
who is reading (and buying) all this $h1t? seriously, how many ways can you write that there was too much leverage, mbs, derivatives, blah, blah, blah?
Posted by guest , Oct 21, 2009 12:41PM
@13 reading what? the crisis books?
Posted by NakedShort , Oct 21, 2009 12:45PM
@Cluzo they are fun to read not for the crisis stuff but the nuggets like this post mentions or Mack telling the future Treasury Secretary to "get fucked".
Worth the $20 easily IMHO
Posted by guest , Oct 21, 2009 12:48PM
No need to buy or read. Bess is mining anything of interest.
Posted by guest , Oct 21, 2009 12:48PM
Yeah he knows a lot.....To bad Jimmy's office was on the 5th floor.
Posted by guest , Oct 21, 2009 12:56PM
@17 "Cayne called him to his forty-eighth floor corner office with its great view of the East River in Lower Manhattan"
it sounds like this wasn't the mad ave office?
Posted by now on buyside , Oct 21, 2009 12:59PM
Probably 55 Water, where Bear was back in the '80s-- which makes it a bit more believeable if we're 1988 or something.
Posted by Investorcluzo , Oct 21, 2009 1:03PM
@naked - what's worth $20 is a HB Capital shirt with T's (IMHO)...that provides all the shock value I need. and it's a gift that keeps giving - every time I wear it.
Posted by NakedShort , Oct 21, 2009 1:09PM
Wait until you see what I have lined up for the Holiday Shopping Season
Posted by Joe Mac , Oct 21, 2009 1:12PM
Have there been any denials of a Pelosi and MB mother/daughter relationship? Just askin...
Posted by Anal_yst , Oct 21, 2009 1:44PM
@Naked
I can't wait to tell my parents about my new gig with HBCP, I think for dad, the Polo, for mom, the apron, for me, resume baby
Posted by NakedShort , Oct 21, 2009 1:53PM
@anal
On your resume to be sure and talk up all the super sophisticated trading strategies we use here (our pitchbook is over 300 pages).
DONT tell people that all we really do is put 65% of our investors money in the Vanguard Total Stock Market Index and 25% in AAPL 10% in V; and then kick back collect fees and screw around on the internet all day.
Posted by Apollo , Oct 21, 2009 1:53PM
I snorted ten grams in ten minutes once. Guess I had a high tolerance.
Posted by guest , Oct 21, 2009 3:26PM
@24/NS at least lever up 2 or 3 times first. So much more in fees that way