The Deal
Saturday, November 21, 
9:07 pm

Bear Stearns' Cayne abridged weekend

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Bear Stearns Chairman Jimmy Cayne cut short his vacation plans to fly back to New York this weekend and help rescue his firm. So where was Cayne? Detroit. Specifically, the SPRING 2008 North American Bridge Championships.

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2008_NABC_poster_3x3ed03NAB.jpgThe tournament started March 6th and was to conclude yesterday. Unfortunately, Cayne had to miss the last few days. No word yet on how he was doing at the Bridge tournament when he was called away.

Cayne's prediliction for bridge and other hobbies was the subject of a ballyhooed WSJ article last year. Earlier this year, Cayne officially stepped down as CEO of Bear Stearns. - Thomas Groppe

See TheDeal.com story on Bear Stearns
Bear Stearns deal heightens Lehman jitters
Market reactions to Bear Stearns, J.P. Morgan deal
J.P. Morgan, Bear Stearns conference call recap
J.P. Morgan-Bear Stearns advisers
Bear investors left holding pennies
Hopefully Cayne paid cash for his apartment






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