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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: gg cox who wrote (47086)	3/4/2009 5:54:05 PM
From: TobagoJack	3 Recommendations Read Replies (2) \| Respond to of 220194

... another straight talker ;0) Jimmy Cayne: Tim Geithner Is A Gay Office Clerk Joe Weisenthal\|Mar. 4, 2009, 11:00 AM\|7 Tags: Wall Street, Recession, Credit Suisse, Search, Financial Crisis, Debt, Tim Geithner The new book House of Cards -- one of many financial collapse books that will hit bookshelves in the next few months -- has a great rant from Jimmy Cayne, the former Bear Stearns CEO, who evidently didn't like Tim Geithner, then President of the Fed's NY branch, very much. Heidi Moore at Deal Journal has an amazing excerpt: Asked about Geithner's comments and his decision regarding opening the discount window to Wall Street after Bear had been sold for $2 a share and not earlier, Jimmy Cayne became spitting angry. "The audacity of that p—- in front of the American people announcing he was deciding whether or not a firm of this stature and this whatever was good enough to get a loan,” he said. “Like he was the determining factor, and it’s like a flea on his back, floating down underneath the Golden Gate Bridge, getting a h—-o-, saying, ‘Raise the bridge.’ This guy thinks he's got a big d—. He’s got nothing, except maybe a boyfriend. I’m not a good enemy. I’m a very bad enemy. But certain things really—that bothered me plenty. It’s just that for some clerk to make a decision based on what, your own personal feeling about whether or not they’re a good credit? Who the f— asked you? You’re not an elected officer. You’re a clerk. Believe me, you’re a clerk. I want to open up on this f—-r, that’s all I can tell you.” blogs.wsj.com