Thursday, November 1, 2007

Bear Stearns: Up In Smoke

"Bear Stearns announces stock spliff" - I wish I'd seen it while it was up on Bloomberg still. I guess something has to get you through the day when your stock is getting smoked. I kill me.

Title and screenshot taken from Minyanville. h/t to, who else, Dealbreaker.

Update: funnier because of a WSJ article today, that talks about the CEO smoking pot.
After a day of bridge at a Doubletree hotel in Memphis, in 2004, Mr. Cayne [CEO of Bear] invited a fellow player and a woman to smoke pot with him, according to someone who was there, and led the two to a lobby men's room where he intended to light up. The other player declined, says the person who was there, but the woman followed Mr. Cayne inside and shared a joint, to the amusement of a passerby.

Is this Murdoch's WSJ or what?

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