On the subject of Cayne, the New York Post was far more direct, Photoshopping his face over Ty Webb's torso and writing:
According to online postings about his golf game, Cayne was on the course on Thursday, June 14 - the day Bear Stearns reported an embarrassing 10 percent drop in profits. The following Thursday he also was on the links as Wall Street recoiled from moves by other big banks to squeeze Bear Stearns for more money to back up loans to a collapsing hedge fund.
And sure enough, the following day - when Bear Stearns had to put up a stunning bailout pledge of $3.2 billion to rescue its imploding hedge fund - he was back at Hollywood taking his swings.
Still, despite those added hours on the course, his game only got worse. On June 14 he shot a 96; on June 22 a 98. He split the difference with a 97 the next day.
Most institutional investors resisted commenting on Cayne's golf habits while others found they weren't out of line.
"Being a 7-handicap myself, when you go out of the office you're always in contact with what's happening," said one investment firm's CEO. "His scores are so bad, I think he's spending too much time at work," quipped a portfolio chief.