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Bear Stearns' Cayne sells over $60M in stock
Source: http://money.cnn.com/2008/03/27/news/newsmakers/cayne_stock/index.htm?cnn=yes
The chairman of the troubled company Bear Stearns dumped his stock just after the company that was going to buy Bear Stearns quintipled their bid.
When I read this article, one part of me thought that Cayne did a good job but one part of me thought what good can it do them now?
Reading articles like this constantly gets me thinking on how detailed and thorough we must be in setting up any type of business plan. It's not only earning money that it makes a good business but always staying stable and on line with competition.
What good is it going to be for Cayne and his wife who have now sold their shares and only have money now? Can they possibly climb back up the ladder of success??
Friday, March 28, 2008
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