James Cayne, Who Ran the Ill-Fated Bear Stearns, Dies at 87

The first Wall Street chief to own a company stake worth more than $1 billion, he steered the company to five years of record profits before it suffered huge losses in 2007.,The first Wall Street chief to own a company stake worth more than $1 billion, he steered the company to five years of record profits before it suffered huge losses in 2007.

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