Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

Thursday, November 1, 2007

Where was Bear Stearn's CEO This Summer?

During critical days this summer, when two of Bear Stearn's hedge funds were imploding, Bear Stearn's CEO James Cayne was playing golf and bridge.  For this he gets paid $34 million (in 2006)?  Maybe he should have been consulting with ex-Merrill Lynch CEO Stan O'Neal (who walks away with $170 million) on how to manage risk.  WSJ, Bear CEO's Handling Of Crisis Raises Issues.

| Permalink

TrackBack URL for this entry:

Listed below are links to weblogs that reference Where was Bear Stearn's CEO This Summer?:


Post a comment