Who is the Wolf of Saturn? People on Titan will point out a blowzy, sodden old derelict who hangs out in a dive near the skyport and tell you that "Carmy," as they call him now, used to wear that title. He was a big shot once, they say.

But if you should ask any of the frequenters of the big building on lower Manhattan who the Wolf of Saturn is, they will tell you instantly. It is a crackpot on Titan by the name of Kellog. He was the fellow who ruthlessly and without warning wrecked two of the biggest and most profitable enterprises in the universe—Etherways, Inc., and Interplanetary Transport—and many of the smartest financiers of the System with it. What a guy! Not only that, but he wrecked the System's entire price structure with his cheap services. "Benefactor?" they will squall. "He's a wild man—a wolf!"