James Cayne

  • Bear Stearns, James Cayne

    Portrait of Jimmy Cayne Is Sold

    Bear Stearns is gone, and now so is the portrait of fallen chief executive and company chairman Jimmy Cayne by Geoffrey Raymond, the artist who has painted Eiliot Spitzer, Jim Cramer (twice), Lloyd Blankfein and Dick Grasso. It was sold to the wife of a former Bear Stearns employee. She paid $12,000.

    / Jun 3, 2008 at 2:55 PM
  • art, Bear Stearns, James Cayne

    Jimmy Cayne’s Head On Display At Bear Stearns

    If you walk by Bear Stearns Madison Avenue headquarters tomorrow, you might catch a glimpse of former chief executive Jimmy Cayne on the street. Unfortunately, we’re not privy to Cayne’s personal schedule. Rather, we know that Geoffrey Raymond, Wall Street’s most important artist, will be displaying his latest masterpiece, a portrait of Cayne, outside the […]

    / May 27, 2008 at 11:32 AM
  • Bear Stearns, CEO, James Cayne

    Jimmy We Hardly Knew Ye

    The people familiar with the matter have spoken once more, which can only mean one thing: another Wall Street chief is headed for the executioners block. The Wall Street Journal’s Kate Kelly is reporting that Jimmy Cayne has started notifying to board Bear Stearns that he plans to give up the CEO desk while remaining […]

    / Jan 7, 2008 at 9:29 PM
  • James Cayne

    Jimmy Cayne Is Suddenly A Very Popular Guy

    “It’s unbelievable. The phones are ringing off the hook, and everyone wants to play golf with me now.” That’s what Bear Stearns chief executive James Cayne told CNBC’s Charlie Gasparino about the fallout from today’s story about his adventures with the golf and the cards and the pot. Also, now we know why executives need […]

    / Nov 1, 2007 at 1:00 PM
  • Bear Stearns, James Cayne

    Bear Stearns CEO Is An Enigma Wrapped In A Joint

    Your company’s in trouble and you need to relax. You’ve tried taking every other day of the week off from work to play in golf and bridge tournaments, but that’s not doing the trick because, as it turns out, you’re almost as bad at those things as you are at not losing money, and you […]

    / Nov 1, 2007 at 11:48 AM
  • James Cayne

    The Reason For James Cayne’s Hospitalization: A Prostate Infection?

    “I feel great,” Bear Stearns chief executive James Cayne tells London Thomas of the New York Times. But it wasn’t clear the editors at the Times are entirely persuaded. They headlined the story with a metaphor that seemed to hint that Cayne might not be at full strength. “Ailing Firm Gets Tonic From China,” the […]

    / Oct 23, 2007 at 6:04 PM
  • Bear Stearns, chuck prince, Citigroup, James Cayne

    Let Me Ask You This

    Would you rather have a CEO who’s become a joke only recently (let’s say June) or one who’s been a joke since day one? A CEO who’s going to kick it any day now or one who’s probably got a few good years left? A CEO who comes into the office or one who works […]

    / Oct 16, 2007 at 12:00 PM
  • Banks, Goldman Sachs, James Cayne


    It’s always sad when veteran employees with spouses/children/golf club memberships to pay for* are shown the door for no good reason (other than the market being in the toilet), but what of the neophytes, who haven’t even been around long enough to have their spirits and wills to live crushed? We’re told that eighty salespeople […]

    / Sep 7, 2007 at 10:33 AM
  • Bear Stearns, James Cayne

    For James Cayne To Win, Bear Stearns Must Die

    We noted the other day that immediately after he fired Warren Spector, James Cayne shot a golf personal best, probably because stripping someone of his livelihood is a good way to tighten your wrist cock and improve the explosion through your hips. (I shot a 30 after firing Bressler). Today DealBook compares Bear Stearns’s closing […]

    / Aug 10, 2007 at 4:04 PM
  • Bear Stearns, James Cayne

    James Cayne Still Works At Bear Stearns

    We’re in the middle of an GLOBAL FINANCIAL MELTDOWN! (Carney’s caps, emphasis, punctuation). Everyone’s panicking, running for their lives and spreading rumors. Many of the rumors aren’t true but enough of them have turned out to be close enough for horseshoes, hand-grenades and volatility traders. The latest one is that Bear Stearns CEO Jimmy Cayne […]

    / Aug 9, 2007 at 10:34 AM
  • Bear Stearns, James Cayne

    Is James Cayne The Luckiest Man Alive?

    First he goes from being really bad at golf (for someone who leaves the office every day at noon to play, after coming in late) to just being bad at golf, and now we’ve learned that while there are many Bear shareholders voming over the side of the George Washington Bridge (we’re going out on […]

    / Aug 8, 2007 at 5:05 PM
  • Bear Stearns, Hedge Funds, James Cayne

    Firing Spector Was Good For (Cayne’s) Business

    His golf business, that is. You didn’t think we meant Bear Stearns, did you? Come now. Deck chairs on the titanic (sandbags in New Orleans). The day after Cayne fired Warren Spector, co-president and heir to a kingdom only a sadomasochistic prince would want to inherit, Papa Bear shot one of his best games ever, […]

    / Aug 8, 2007 at 4:01 PM
  • Bear Stearns, Hedge Funds, James Cayne

    Jim Cayne Can’t Catch A Break: Bear Stearns Continues Losing Streak

    Last, week, when Bear Stearns seized the assets of its own hedge funds, some people scoffed. It seemed a little unjust that while investors had been told there was a grand total of zero dollars (or zero-ish dollars, depending on whether or not they put their money in the gigantically failing fund or the essentially […]

    / Jul 30, 2007 at 12:00 PM
  • Bear Stearns, Hedge Funds, hobos in mansions thank bear stearns for eating their defaults, James Cayne, Subprime Mortgages

    Ungrateful Bear Stearns Investors Threatening to Do Something Regarding Recent Turn of Events

    Investors in Bear Stearns’s ‘We’ve basically got nothing’ and ‘We’ve got a nickel’ hedge funds (the High-Grade Structured Credit Strategies Enhanced Leverage Fund and the High-Grade Structured Credit Strategies Fund, respectively), taking issue with the lack of value, are exploring legal action. Ross Intelisano, of Rich & Intelisano, whose services have been retained by two […]

    / Jul 19, 2007 at 11:59 AM
  • Banks, Bear Stearns, James Cayne

    Golfing While Bear Stearns Burns?

    A few weeks ago we reported on the anti-golf sentiments of Carl Icahn and Hank Greenberg. For both men, golf seems to signal a kind of vice for executives. Someone who is really dedicated to their job shouldn’t have time for America’s most popular pasttime, both men said at the Wall Street Journal’s Deals and […]

    / Jul 9, 2007 at 10:43 AM

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