buds.jpgSoooooo. Here’s what Jimmy Cayne had to say about about a bunch of some notable CEOs, as noted by noted by Charlie Gasparino’s new book, When Mooks Fail:

Cayne usually had nothing but disdain for most of his fellow CEOs on Wall Street. He had once referred to former NYSE chairman Dick Grasso as a “pig” for his attept to cash out his $140 million retirement package even after Cayne, then a NYSE board member, approved the move. Morgan Stanley CEO John Mack was a “bullshit artist”‘ Hank Paulson, when he was the CEO of Goldman, was simply a “snake.” Cayne had even less tolerance for Sandy Weill, and even as he considered selling Bear to JPMorgan Chase chief Jamie Dimon, he told friends that he wasn’t crazy about Dimon because he was a “screamer.”

So Jamie Dimon is a “screamer.” Okay. Here’s what JC had to say about Stan O’Neal, the greatest CEO on Wall Street, present company not included, of course.

“He’s the real thing,” Jimmy Cayne said when asked why on earth he was having lunch with Stan O’Neal…O’Neal was a “solid citizen” and a “real player,” even though he had virtually stolen the CEO job from Dave Komansky, whom Cayne still considered a friend. For the next two years [after O'Neal became CEO of Merrill] the meetings would continue with some degree of regularity. It was an odd relationship on the surface because the two men couldn’t have been more different: the foulmouthed, cigar-chomping Cayne and O’Neal, who almost never cursed and smoked.
But dig deeper, and O’Neal and Cayne had much in common. Both were CEO’s. Both loved to play golf when they should have been working [Ed. Note: Burn Chaz, BURN.]. And both ran firms increasingly addicted to leverage and risk without the slightest idea what was in store for them.

Comments (34)

  1. Posted by guest | October 29, 2009 at 5:09 PM

    Littering and, littering and….
    smokin the reefer.

  2. Posted by Seaman Bodine II | October 29, 2009 at 5:09 PM

    really? when mooks fail? bess is a racist piece of trailer trash, a carpet muncher too

  3. Posted by guest | October 29, 2009 at 5:10 PM

    @2 you’re a tool, and your posts wherein you try and self-deprecate about the fact that you’re a racist homophobe are lame.

  4. Posted by guest | October 29, 2009 at 5:11 PM

    JD a screamer huh? Sounds like fun.

  5. Posted by guest | October 29, 2009 at 5:12 PM

    Jimmy cayne: one of the greats.
    -JC

  6. Posted by guest | October 29, 2009 at 5:13 PM

    @3 Humor, try it.
    - Not 2

  7. Posted by guest | October 29, 2009 at 5:13 PM

    @2 a “mook” is a knucklehead. you remain an idiot.
    http://www.urbandictionary.com/define.php?term=mook%20%28n.%29

  8. Posted by Seaman Bodine II | October 29, 2009 at 5:14 PM

    @7
    a mook is what i feel to be, and a mookie wilson is a sheriff

  9. Posted by guest | October 29, 2009 at 5:14 PM

    @6 SBII is a massive, racist, douchebag tool. nothing he says is humorous.

  10. Posted by true story | October 29, 2009 at 5:15 PM

    speaking of a “screamer”…I hear Bess Levin is one.

  11. Posted by copyrighter | October 29, 2009 at 5:17 PM

    According to your quote, DIMON is the screamer – not Jimmy Cayne.

  12. Posted by guest | October 29, 2009 at 5:17 PM
  13. Posted by Bess Levin | October 29, 2009 at 5:21 PM

    @11 that was an accident. I had a too many drinks at lunch.

  14. Posted by Seaman Bodine II | October 29, 2009 at 5:23 PM

    there are those that would have you believe i am not funny
    now, i want to be clear here, there is no way my posts will ever lead to you’re losing your sense of humor
    if you have humor, and want to keep it, then that’s ok
    - HNIC

  15. Posted by guest | October 29, 2009 at 5:26 PM

    @ Bess I was thinking so earlier. A “hottest babes” post at 11:00 am will always buy enough time for three martinis.

  16. Posted by guest | October 29, 2009 at 5:29 PM

    @15 or five gimlets?

  17. Posted by guest | October 29, 2009 at 5:31 PM

    You’ve never heard screaming.
    -cellmate de Sir Allen

  18. Posted by Bess Levin | October 29, 2009 at 5:38 PM

    @15 I don’t drink martinis.
    @16 3 & one in a to-go cup (from the best waiter ever).

  19. Posted by guest | October 29, 2009 at 5:43 PM

    Bess, you’ve outphotoshopped yourself. Killing me!

  20. Posted by guest | October 29, 2009 at 5:48 PM

    @18 for fuck sake can we hear more about BL being shitfaced?

  21. Posted by guest | October 29, 2009 at 5:50 PM

    HA that picture of Chaz on Pineapple express was on Fast Money!

  22. Posted by guest | October 29, 2009 at 5:54 PM

    @21 saw that too. Bess Levin ftw.

  23. Posted by guest | October 29, 2009 at 6:04 PM

    Isn’t a gimlet also a tool used to start a screw?
    ~B. Vila
    Serious Construction, NJ

  24. Posted by guest | October 29, 2009 at 6:06 PM

    @23 it’s something that’ll get bess wasted.
    -bess’s boss

  25. Posted by guest | October 29, 2009 at 6:12 PM

    Gimlets: noted. 3 martinis: figure of speech.

  26. Posted by guest | October 29, 2009 at 6:14 PM

    basically it makes sense: he doesn’t like dishonest people
    better to be an honest loser than a cheating winner.
    of course most people on the sell side are psychopaths so this makes no sense to them
    so it seems that he really likes dimon but is jealous

  27. Posted by guest | October 29, 2009 at 6:41 PM

    @26 are you nuts? you think stan was honest?

  28. Posted by guest | October 29, 2009 at 7:16 PM

    Jimmy Cayne is a shitheel.

  29. Posted by guest | October 29, 2009 at 8:56 PM

    SBII -
    I’m going to give you humor points for the HNIC signoff.
    - Humor Point Awarder Guy

  30. Posted by guest | October 29, 2009 at 9:24 PM

    @29/HPAC, Your good intentions are laudable, but PLEASE DO NOT FEED THE DOUCHE.
    Thank you.

  31. Posted by guest | October 30, 2009 at 12:02 AM

    In the eyes of GOD you are all shitheels. Remember that in your moments of smugness.

  32. Posted by guest | October 30, 2009 at 8:15 AM

    the photo-shopped images, plugging someone’s face onto another’s body, are getting very old.

  33. Posted by guest | October 30, 2009 at 8:20 AM

    @32 congrats, no one cares. (who seriously gets worked up over that? tool.)

  34. Posted by guest | October 30, 2009 at 10:10 AM

    @ 29 – concur, I thought my father was the only one who used that term

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