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Anybody Got Estimates On How Much White Widow That Is?

Jimmy Cayne apparently lost $130 million on paper today alone. In Charlie Gasparino’s words, “The non-executive chairman’s fortune [which was about one billion dollars on January 12, and is now less than 193 million] evaporated.” So much irony there. The saddest part is that right now, Cayne’s off at bridge camp, happy as a clam and without the vaguest idea of what’s going on. Can you imagine the look on his face when he gets home and is told he’s gonna have to start buying generic brand chips? Breaks your heart. And I’m stoned off my ass and feeling no pain, so it’s probably going to feel even worse in a few hours. …
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  14 Marzo, 2008| Economy | @ 21:09

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