As previously mentioned, despite all drugs have done for him, Jimmy Cayne rabidly denies smoking pot or blowing rails during his time running the good ship Bear Stearns. We get why, circa 2007, JC would want to downplay his love of weed, and understand why now he does the same now, as Jimbo attempts to preserve his legacy as the most prudent and lucid-minded CEO on Wall Street, ever. But apparently even back in the day, when for the most part this shit was accepted, Big Daddy CaCayne was going to great lengths to insist he was clean (though obviously not offering to piss in a cup since clean samples were hard to come by). I don’t think I have to tell you this comes from DEA Officer Charlie Gasparino’s new book:
…some stories about Cayne’s partying did make their way back to Greenberg, including one time when a senior executive at the firm, William Montgoris, walked by Cayne’s office, detected the scent of marijuana, and reported the incident. Greenberg asked Cayne if what Montgoris was saying was true, but Cayne attributed the marijuana smell to “a new leather couch in my office,” and later invited Montgoris in for a whiff. “Does the couch smell like pot or not?” he asked Montgoris, who nervously said it did, and the matter was dropped. Montgoris, in an interview, wouldn’t deny the account; Cayne, for his part, maintains the same position he had back then; that he didn’t smoke pot in the office.
“…but Cayne attributed the marijuana smell to “a new leather couch in my office,” and later invited Montgoris in for a whiff. “Does the couch smell like pot or not?” ”
Awesome…he must’ve been lit up to think that was the move to pull.
“take a whiff”
@1 totally
pot-smelling couches = blockbuster idea.
I wish more CEOs were like this.
Rastaman
I gotta say, the logic is foolproof. He lights up on the couch constantly and then asks if the couch smells like pot.
No shit it smells like pot. You smoke weed on it daily. My apartment smells like pot too … but it’s not the fucking cinder blocks.
It’s some really good shit! AK-47!
Stanley
the couch was probably his stash spot
genius, pure genius
The fact he “that he didn’t smoke pot in the office” does sort of preclude that he smokes it somewhere. I bet he didn’t inhale either. Christ I wish my bosses would spark up rather than be all uptight. Their crack must be shit.
@6 so true. awesome.
getttttttttttt BLAZZZZZZZZZZED
Pot is a teenagers’ high. A grown man who still smokes marijuana is just sad and pathetic.
Smoking pot while watching the ship sink was the old killing it at the Bear. The new killing it was actually keeping your job at JPMorgan
Does Dennis Kneale smoke,..ORRRR is he just a giant douchebag?
@12
You must know my brother…..
12- and a grownups high is?
@16 – banana peels
I would just like to point out that Greg made this post. Oh wait, no he didn’t.
I would just like to point out that Greg’s mom did Bess’ mom in the back seat of Bess’ mom’s car last night outside of Greg’s mom’s house.
Ok – try it now, Bess! I think that’ll do the trick!
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