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Ace Greenberg
Ace Greenberg
Alan "Ace" Greenberg at his desk on the firm's trading floor in New York in 2003.
"It's like the Mafia, where the driver becomes the No. 2, except I insisted he sit in the front. He couldn't sit in the back."

Cayne used to pick up his then-boss Ace Greenberg at his Fifth Avenue apartment every day and drive him in his Pontiac down the slow-moving FDR Drive to the Bear Stearns' office at 55 Water Street. Cayne used the 25 minutes to occasionally lampoon his colleagues to his boss.

NEXT: Diversifying
Last updated August 04 2008: 10:37 AM ET
Full story: Cayne's rise and fall Last summer he was worth $1.6 billion on paper. Then he nearly died and Bear Stearns collapsed. (more)
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Cayne was at a loss All his usual instincts eluded him during the crisis preceding the firm's collapse. (more)video

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