Bailout News Video CNBC: Puff Daddies Jimmy Cayne And Charlie Gasparino: Laaaaaid Back

Can I be blunt.

Is everyone going green?

Cayne and Gasparino are chronic problems.

Gasparino reports Bear Stearns now trading at $420 per share.

There are links after the jump including Gasparino's article from The Daily Beast and Jimmy Cayne's very negative opinion of Tim Geithner.

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Comments

[Puzo]

Cayne and Gasparino own a glass factory.

[chong]

It's medicinal - makes all this shit a little easier to swallow.

[Ain't Bullshittin']

This clown wants to be judged based on his peer group. Well, lets see....a rapist is a rapist. Does he look any better when compared to other rapists? No, He is still a rapist......

[Angry Jones]

Your links are always excellent - but I guess I am also a lover of link descriptions...you're much better than 'links 0-3.'

[spideydouble]

from link 1:

" This guy thinks he’s got a big d–k. He’s got nothing, except maybe a boyfriend." - Jimmy Cayne regarding Timmy Geithner.

There is nothing like the venom of a lover spurned. Jimmy would know first-hand about Timmy's d–k size as he is the boyfriend in question.

[spideydouble]

"Geithner also defended the Fed’s decision not to open the discount window until Sunday night, after Bear could have benefited from it. 'The way the Federal Reserve Act is designed, and the way we think about the discount window for banks, is we only allow sound institutions to borrow against collateral in that context,' he said. 'I can only speak personally for this, but I would have been very uncomfortable lending to Bear, given what we knew at that time.'"

This is the biggest pile of horseshit I have ever heard in my adult life. There is and was absolutely no fundamental difference between Bear and any other financial institution. Geithner has no clue what a sound institution is. At the end of the day, it is all future taxdollars anyway so they have zero incentive to lend it judiciously other than by two barrels and a mass of torch lights.

[spideydouble]

From the looks of it, Jimmy Cayne seems to be having a polyamourous relationship with Chaz Gaparino as well. After all, Sir Chaz said it himself, Cayne is a "snake" charmer.

"I agreed, thanked him for the call, and said we should get together soon. He said we will in a few weeks. I'm sure we'll have lots to discuss."

Yes, lots, but it can be hard to talk with your mouth full.

[Debt Outlaw]

@spidey

Ouch.