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The 5 Dumbest Things on Wall Street: May 9

Stock quotes in this article: BSC , JPM , BAC , CFC , S , DT , T , VZ , LM , MSFT , YHOO  

1. Cayne and Ace

In Hollywood, there was Jack Lemmon and Walter Matthau. In Washington, D.C., there's George H.W. Bush and Bill Clinton. On Wall Street, the new odd couple is Bear Stearns (BSC Quote) Chairman Jimmy Cayne and his mentor, Alan "Ace" Greenberg.

Despite their rivalry at the highest echelons of investment banking, Cayne and Ace are headed to their golden years as dear old friends, and while the firm's days are numbered, the hijinks and tomfoolery between these two are only beginning. ...

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