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And Ukraine seeks a meeting with Russia.

The first Wall Street chief to own a company stake worth more than $1 billion, he steered the company to five years of record profits before it suffered huge losses in 2007.

James Cayne was the cigar-puffing college dropout who parlayed a stint as a professional bridge player into a job as a bond broker on Wall Street, where he led Bear Stearns to record profits, then to the brink of collapse.

Wall Street’s Changing Culture When Genius Failed is likely to be a classical primary authority. Lowenstein is a deeply professional writer, who reduces the arcane complexities of derivative dealings to lucid prose, and focuses on the crucial components in a confusing complex story. He brings the icy precision of the battlefield surgeon to the deafening chaos of Wall Street conflict. His chilling assessments of such phenomena as the appalling Larry Hilibrand, perhaps the key force at LTCM, a strangely-diminished Alan Greenspan, and the sinister force of Goldman Sachs, are likely to prove de...