James Cayne

American executive, salesman, and bridge player

James E. Cayne (February 14, 1934 – December 28, 2021) was an American businessman. He was the CEO of Bear Stearns. In 2006, he became "the first Wall Street chief to own a company stake worth more than $1 billion".

James Cayne
Cayne in 2007
Born(1934-02-14)February 14, 1934
DiedDecember 28, 2021(2021-12-28) (aged 87)
EducationPurdue University (did not finish)
Known forCEO of Bear Stearns
SpousePatricia Denner
FamilyRichard C. Perry (nephew)

In February 2009, Cayne was named in Time Magazine's list of "25 People to Blame for the Financial Crisis."[1]

Cayne died on December 28, 2021 at a hospital in Long Branch, New Jersey from problems caused by a stroke, at the age of 87.[2][3]

References change

  1. "25 People to Blame for the Financial Crisis". Time. February 11, 2009. Archived from the original on August 19, 2017. Retrieved 27 March 2013.{{cite news}}: CS1 maint: unfit URL (link)
  2. Hoffman, Liz (December 28, 2021). "Jimmy Cayne, Who Led Bear Stearns Before It Imploded, Dies at 87". Wall Street Journal. Retrieved December 28, 2021.
  3. James Cayne, CEO for Bear Stearns Rise and Fall, Dies at 87