CAST OF CHARACTERS

WASHINGTON

BANK REGULATORS AND WHITE HOUSE OFFICIALS

Howard H. Baker Jr., White House chief of staff (1987–88)

James A. Baker III, White House chief of staff (1981–85) and secretary of the Treasury (1985–88)

Nicholas F. Brady, chairman of the Presidential Task Force on Market Mechanisms (1987–88) and secretary of the Treasury (1988–93)

C. Todd Conover, comptroller of the currency, an independent official within the Treasury Department (1981–85)

E. Gerald Corrigan, vice president of the Federal Reserve Bank of New York and special assistant to New York Fed President Paul Volcker (1976–80), president of the Federal Reserve Bank of Minneapolis (1980–84), and president of the Federal Reserve Bank of New York (1985–93)

Alan Greenspan, chairman of the Federal Reserve System from August 1987 to January 2006

William M. Isaac, chairman of the Federal Deposit Insurance Corporation (1981–85)

Donald T. Regan, secretary of the Treasury (1981–85) and White House chief of staff (1985–87)

Paul A. Volcker, president of the Federal Reserve Bank of New York (1975–79) and chairman of the Federal Reserve System (1979–87)

STOCK MARKET REGULATORS

Richard G. Ketchum, director of market regulation at the U.S. Securities and Exchange Commission (1983–91)

David S. Ruder, chairman of the SEC (1987–89) and former dean of the Northwestern University School of Law

John S. R. Shad, chairman of the SEC (1981–87) and the former vice chairman of E.F. Hutton and Co.

Harold M. Williams, chairman of the SEC (1977–81)

FUTURES MARKET REGULATORS

Wendy Gramm, chairman of the Commodity Futures Trading Commission (1988–93)

Kalo A. Hineman, acting chairman of the CFTC (1987–88)

Philip Johnson, chairman of the CFTC (1981–83) and longtime legal counsel to the Chicago Board of Trade

Susan M. Phillips, a CFTC commissioner (1981–83) and chairman of the CFTC (1983–87)

James M. Stone, chairman of the CFTC (1979–81) and a CFTC commissioner (1981–83)

WALL STREET

W. Gordon Binns Jr., investment manager for the General Motors pension fund (1981–94)

Robert J. Birnbaum, president of the American Stock Exchange (1977–85) and president of the New York Stock Exchange (1985–88)

Roland M. Machold, director of the New Jersey Division of Investment and manager of the state’s pension funds (1976–98)

John J. Phelan Jr., vice chairman of the NYSE (1975–80), NYSE president (1980–84), and NYSE chairman and CEO (1984–91)

CHICAGO

William J. Brodsky, executive vice president and chief operating officer of the Chicago Mercantile Exchange (1982–85), and president of the Merc (1985–96)

Leo Melamed, chairman of the Chicago Mercantile Exchange (1969–73, 1976–77), special counsel to the Merc (1977–85), and chairman of the Merc executive committee (1985–91)

Richard L. Sandor, chief economist and vice president of the Chicago Board of Trade (1972–75), and a former business school professor at the University of California at Berkeley

BERKELEY

Hayne E. Leland, a Harvard-educated economist who joined the business school faculty at the University of California at Berkeley in 1974

John O’Brien, a founding partner, with Leland and Mark Rubinstein, of Leland O’Brien Rubinstein Associates and its chief executive (1981–97)

Mark Rubinstein, an options pricing theorist and finance professor who joined the business school faculty at the University of California at Berkeley in 1972

R. Steven Wunsch, a vice president at Kidder Peabody in the 1980s, specializing in derivatives, and an informal adviser to LOR Associates