Gawker, paraphrasing a Wall Street Journal article regarding JP Morgan CEO Jamie Dimon, posts Anecdotes Prove Bear Stearns Savior Is A Jerk.
…two of the best anecdotes in the piece do nothing but make him look like a snippy asshole…
Tell us something we don’t know Gawker. You don’t become ruler of the House of Morgan by being a nice guy. To be sure, ex Bear Stearns CEO James Cayne is no saint, a college dropout, professional card sharp and traveling salesman before joining Bear as a broker.
Here’s the WSJ series on the Bear’s death march:
Part 1: Fear, Rumors Touched Off Fatal Run on Bear Stearns
Part 2: Lost Opportunities Haunt Final Days of Bear Stearns
Part 3: Bear Stearns Neared Collapse Twice in Frenzied Last Days
Post a Comment