Obituary: Jimmy Cayne, the bridge-playing chief executive who led Bear Stearns until it nearly collapsed in 2008, died Tuesday. He was 87.
Jimmy Cayne, the bridge-playing chief executive who led Bear Stearns until it nearly collapsed in 2008, died Tuesday. He was 87.
Mr. Cayne became a poster child for financial mismanagement when the investment firm he had run since 1993 as Wall Street’s longest-serving CEO, toppled under a heavy debt load and trading losses. It was sold to JPMorgan Chase & Co . in
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