Thursday, March 27, 2008

Jimmy Cayne Cashes Out

by Tom Bozzo

...for $61.3 million, sez the AP. (That's 5.66M shares at $10.84 each.) Nice work if you can get it.


Saw that this morning.

Now I can start rooting for The Old Firm to survive in some form.

No indication that he's not still on the BoD, though, and certainly he should still be bound by the agreement to which he agreed.

Somehow, I suspect he'll pay as much attention to this as John McCain does to Campaign Finance laws.
Post a Comment

<< Home

This page is powered by Blogger. Isn't yours?