Can This Man Save Nomura?

The troubled Tokyo broker turns to its former U.S. boss

May 2 is a big day at Nomura Securities International Inc. (NSI), the U.S. arm of Japanese brokerage giant Nomura Securities Co. That's when bonuses are bestowed upon the lucky ones among NSI's 1,000 employees. This year was almost as good as the year ending Mar. 31, 1996. That means there are some very happy Americans. Last year, real estate maven Ethan Penner and trader William Wraith IV each bagged more than $20 million.

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