Add to perceptions that greedy Americans caused the subprime crisis and this article is just what the world doesn’t need at this time. Besides, the man is 73 years old. Here it is so you can decide:

Bear Stearns Cos Inc Chief Executive Jimmy Cayne denied he “engaged in inappropriate conduct” after a Wall Street Journal article said on Thursday he smoked marijuana with a woman in a Memphis hotel bathroom. The newspaper cited unidentified sources to describe the 2004 pot smoking incident, which Cayne said was untrue.

Fox-Pitt Kelton analyst David Trone said the mere accusation alone will make it difficult for Bear Stearns’ board to support the 73-year-old Cayne.