Jimmy Cayne

Jimmy Cayne is an American businessman best known as the former CEO and chairman of Bear Stearns, an investment bank that played a significant role in the financial markets. He led the company during its peak until the 2008 financial crisis, when Bear Stearns faced severe liquidity issues and was sold to JPMorgan Chase. Cayne's leadership during this tumultuous period sparked much criticism and discussion about corporate governance and risk management. His story reflects broader themes in finance, particularly regarding accountability and the consequences of high-risk investment practices during a crisis.