News - James Cayne
Worst managers include Richard Fuld, Sam Zell, Richard Wagoner, and Jerry Yang NEW YORK, Jan.
DALLAS | American Airlines and Delta Air Lines canceled hundreds more flights Thursday as they continued inspections of wiring bundles on some of their planes.
James E. Cayne, chairman of collapsing bank Bear Stearns, has sold his entire investment in the bank for $61 million, sources said. Cayne, who has worked at the bank since 1969, is seeking to break away from the bank financially and emotionally, The New York Times reported Friday.
By Jim Provance, The Blade, Toledo, Ohio Mar. 18--COLUMBUS -- J.P. Morgan's bargain buyout yesterday of sinking Bear Stearns brought panic to Wall Street, but it brought mixed news for Ohio's public employee pension funds.
In a shocking deal to save Bear Stearns, JPMorgan Chase agreed to pay a mere $2 a share to buy all of Bear - less than one-tenth the company's market price Friday.
