Soooooo. 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.
Posted by guest , Oct 29, 2009 5:09PM
Littering and, littering and....
smokin the reefer.
Posted by Seaman Bodine II , Oct 29, 2009 5:09PM
really? when mooks fail? bess is a racist piece of trailer trash, a carpet muncher too
Posted by guest , Oct 29, 2009 5:10PM
@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.
Posted by guest , Oct 29, 2009 5:11PM
JD a screamer huh? Sounds like fun.
Posted by guest , Oct 29, 2009 5:12PM
Jimmy cayne: one of the greats.
-JC
Posted by guest , Oct 29, 2009 5:13PM
@3 Humor, try it.
- Not 2
Posted by guest , Oct 29, 2009 5:13PM
@2 a "mook" is a knucklehead. you remain an idiot.
http://www.urbandictionary.com/define.php?term=mook%20%28n.%29
Posted by Seaman Bodine II , Oct 29, 2009 5:14PM
@7
a mook is what i feel to be, and a mookie wilson is a sheriff
Posted by guest , Oct 29, 2009 5:14PM
@6 SBII is a massive, racist, douchebag tool. nothing he says is humorous.
Posted by true story , Oct 29, 2009 5:15PM
speaking of a "screamer"...I hear Bess Levin is one.
Posted by copyrighter , Oct 29, 2009 5:17PM
According to your quote, DIMON is the screamer - not Jimmy Cayne.
Posted by guest , Oct 29, 2009 5:17PM
@10
http://www.instantrimshot.com/
Posted by Bess Levin , Oct 29, 2009 5:21PM
@11 that was an accident. I had a too many drinks at lunch.
Posted by Seaman Bodine II , Oct 29, 2009 5:23PM
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
Posted by guest , Oct 29, 2009 5:26PM
@ Bess I was thinking so earlier. A "hottest babes" post at 11:00 am will always buy enough time for three martinis.
Posted by guest , Oct 29, 2009 5:29PM
@15 or five gimlets?
Posted by guest , Oct 29, 2009 5:31PM
You've never heard screaming.
-cellmate de Sir Allen
Posted by Bess Levin , Oct 29, 2009 5:38PM
@15 I don't drink martinis.
@16 3 & one in a to-go cup (from the best waiter ever).
Posted by guest , Oct 29, 2009 5:43PM
Bess, you've outphotoshopped yourself. Killing me!
Posted by guest , Oct 29, 2009 5:48PM
@18 for fuck sake can we hear more about BL being shitfaced?
Posted by guest , Oct 29, 2009 5:50PM
HA that picture of Chaz on Pineapple express was on Fast Money!
Posted by guest , Oct 29, 2009 5:54PM
@21 saw that too. Bess Levin ftw.
Posted by guest , Oct 29, 2009 6:04PM
Isn't a gimlet also a tool used to start a screw?
~B. Vila
Serious Construction, NJ
Posted by guest , Oct 29, 2009 6:06PM
@23 it's something that'll get bess wasted.
-bess's boss
Posted by guest , Oct 29, 2009 6:12PM
Gimlets: noted. 3 martinis: figure of speech.
Posted by guest , Oct 29, 2009 6:14PM
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
Posted by guest , Oct 29, 2009 6:41PM
@26 are you nuts? you think stan was honest?
Posted by guest , Oct 29, 2009 7:16PM
Jimmy Cayne is a shitheel.
Posted by guest , Oct 29, 2009 8:56PM
SBII -
I'm going to give you humor points for the HNIC signoff.
- Humor Point Awarder Guy
Posted by guest , Oct 29, 2009 9:24PM
@29/HPAC, Your good intentions are laudable, but PLEASE DO NOT FEED THE DOUCHE.
Thank you.
Posted by guest , Oct 30, 2009 12:02AM
In the eyes of GOD you are all shitheels. Remember that in your moments of smugness.
Posted by guest , Oct 30, 2009 8:15AM
the photo-shopped images, plugging someone's face onto another's body, are getting very old.
Posted by guest , Oct 30, 2009 8:20AM
@32 congrats, no one cares. (who seriously gets worked up over that? tool.)
Posted by guest , Oct 30, 2009 10:10AM
@ 29 - concur, I thought my father was the only one who used that term