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After 38 Years Working For The Same Company, He Had Accumulated 5.6 Million Shares Of Stock. In Less Than 3 Months, Those Shares Fell 88%, From $88.35 To $10.82.

Source: 247wallst.com

Banking & LiquidityCompany FundamentalsManagement & Governance
After 38 Years Working For The Same Company, He Had Accumulated 5.6 Million Shares Of Stock. In Less Than 3 Months, Those Shares Fell 88%, From $88.35 To $10.82.

Jimmy Cayne spent nearly four decades building a fortune tied to one firm, then watched that firm collapse far faster than most on Wall Street expected. The excerpt gives no firm name, collapse date, or financial figures.

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