Monday, August 25, 2008
William D. Cohan, Fortune,
William D. Cohan, Fortune,
The rise and fall of Jimmy Cayne
Last summer he was worth $1.6 billion on paper. Then he nearly died and Bear Stearns collapsed.
Inside the sedan Jimmy Cayne, the CEO of Bear Stearns, was close to death. At dawn Cayne's wife had placed an emergency call to his physician, Dr. Jay Meltzer, and when Meltzer arrived at the couple's Park Avenue apartment, Cayne, then 73, was drowsy and desperately weak and had no appetite.
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Posted by Editor on 08/25/08 at 05:31 AM •
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