Ex-Bear Stearns CEO Jimmy Cayne Is Selling His Apartment For $US14.95 Million

The
Wall Street Journal reportsthat Jimmy Cayne, the former CEO of now-defunct investment bank Bear Stearns, is selling his Park Avenue apartment for $US14.95 million.

According to the Journal, Cayne and his wife purchased the apartment in 1981 for $US1.1 million.

They haven’t lived in it for years.

Dolly Lenz Real Estate has the listing for the 510 Park Avenue apartment.

Now we’re going to take a tour.

First, here's Jimmy Cayne...

The apartment features its own private elevator landing.

The apartment is 5,000 square feet.

It has a spacious living room that features a working fireplace.

There's also a large library.

This is the master suite. The home features four or five bedrooms, according to the listing.

There's a phone by the bed.

The master suite has a private his and hers bathroom.

All of the bedrooms have an en suite bathroom.

Seen here is the TV room with leather couches.

Now let's tour another failed bank executive's home...

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