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Politics

: Portfolio.com: Capital

Citizen Cayne

By Matt Cooper

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Last summer, I took some guff for saying that Bear Stearns leader James Cayne should go. Warren Spector may have been the pointman on the mess, but Cayne, as leader, should go--the buck stops here, and all that. Now that Bear Stearns is in full meltdown, this morning losing more than 40 percent of it's already reduced stock value, maybe it's time for holding him responsible for what's happened. As for the rest of us? Look, not every company is going to come out of this thing alive. It's called read more

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Full post as published by Portfolio.com: Capital on March 14, 2008 (boomark / email).

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