1.0link92266<![CDATA[Bear Stearns Fat Cats Elicit Little Sympathy]]>http://www.huffingtonpost.com/2008/03/19/bear-stearns-fat-cats-eli_n_92266.htmlAs investment bank Bear Stearns collapsed, and was sold to JPMorgan Chase for a scant $240 million, its chairman James Cayne played bridge at a tournament last week in Detroit over two critical days, like Nero fiddling away as Rome burned.
Cayne's decision to remain at the tournament as the company's CEO Alan Schwartz negotiated with JPMorgan Chase to sell Wall Street's fifth largest investment firm for $2 a share, 90 percent less than its value last week, has been criticized...