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Yesterday, outside Bear Stearns headquarters, as the firm&#39;s shareholders approved the sale to JPMorgan, vendors sold t-shirts and bystanders held signs with slogans such as &quot;You screwed us Jimmy,&quot; &quot;Hubris&amp;#8212;thy name is Jimmy&quot; and &quot;I worked for Bear Stearns 20 years and all I got was a Cayne-ing.&quot; &lt;p&gt;During the brief shareholder meeting, Bear Chairman Jimmy Cayne did &quot;personally apologize&quot; for the death of Bear. But did he really mean it? &lt;p&gt;Recently,&amp;nbsp;Cayne has made several other questionable remarks, plus some candid ones. Below are a few of these, said&amp;nbsp;during the last year in the life of Bear Stearns. &lt;p&gt;&lt;b&gt;&quot;Internationally, we continue to grow aggressively, hiring talented people, broadening our product platform and reaching new clients in multiple geographies.&quot;&lt;/b&gt; - June &#39;07, speaking in a company statement after Bear experienced its first quarterly drop in two years &lt;p&gt;&lt;b&gt;&quot;I&#39;m inclined to remain independent.&quot; &lt;/b&gt;- August &#39;07, talking in a conference with Wall Street analysts to quell rumors that Bear was experiencing a liquidity crisis that compromised its staying in business &lt;p&gt;&lt;b&gt;&quot;Tell the people who say I&#39;m going that in 2018 I&#39;ll be calling it a day.&quot; &lt;/b&gt;- August &#39;07, talking in the same conference call responding to rumors that he might soon step down as CEO &lt;p&gt;&lt;b&gt;&quot;I have every confidence in this team to continue Bear Stearns&#39; 84-year legacy of success and profitable growth.&quot; &lt;/b&gt;- August &#39;07, after Bear co-President Warren Spector was let go following two of the firm&#39;s hedge funds crashing and burning &lt;p&gt;&lt;b&gt;&quot;There is no chance that it happened. Zero chance.&quot; &lt;/b&gt;- October &#39;07, responding to a &lt;em&gt;Wall Street Journal&lt;/em&gt; story that said he had sparked up a funny cigarette in a hotel bathroom after a bridge tournament with a fellow competitor and an unnamed woman (the &lt;em&gt;Journal&lt;/em&gt; alleged that while Bear Stearns was experiencing its worst crisis in its existence, Cayne was unconcerned, still playing several rounds of golf, competing in bridge tournaments and taking long weekends) &lt;p&gt;&lt;b&gt;&quot;We are obviously upset with our 2007 results, particularly in light of the fact that weakness in fixed income more than offset strong and, in some areas, record-setting performance in other businesses.&quot; &lt;/b&gt;- December &#39;07, speaking in a company statement about recent Bear operating results &lt;p&gt;&lt;b&gt;&quot;A body blow of massive proportions&quot;&lt;/b&gt; - January &#39;08, in an interview with &lt;em&gt;The New York Times&lt;/em&gt;, referring to the $1.9 billion in subprime-related charges Bear took in 2007 along with its first quarterly loss ever, experienced during the 2007 fourth quarter &lt;p&gt;&lt;b&gt;&quot;We have been through some challenging times in the past few months, but I am confident the difficulties are temporary.&quot; &lt;/b&gt;- January &#39;08, in a memo to Bear staff upon his resignation as CEO &lt;p&gt;&lt;b&gt;No comment&lt;/b&gt; - March &#39;08, (not) speaking about why he sold all of his 5.66 million shares in Bear at $10.84 each for a total of $61.3 million, after JPMorgan raised its offer for Bear from $2 per share to $10 &lt;p&gt;&lt;b&gt;&quot;That which does not kill us makes us stronger.&quot; &lt;/b&gt;- May &#39;08, speaking about the future of Bear&#39;s employees and shareholders in his last moments as Bear Stearns chairman (quoting German philosopher and iconoclast Fred Nietzsche) &lt;p&gt;&lt;b&gt;&quot;We ran into a hurricane.&quot; &lt;/b&gt;- May &#39;08, speaking about what caused Bear&#39;s ultimate demise&lt;/p&gt;

Derek Loosvelt

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Quoting Cayne

Yesterday, outside Bear Stearns headquarters, as the firm's shareholders approved the sale to JPMorgan, vendors sold t-shirts and bystanders held signs with slogans such as "You screwed us Jimmy," "Hubris—thy name is Jimmy" and "I worked for Bear Stearns 20 years and all I got was a Cayne-ing. " During the brief shareholder meeting, Bear Chairman Jimmy Cayne did "personally apologize" for the death of Bear.

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