Rumpled, ruthless, Bid ‘Em Up Bruce is right where he likes to be, in the midst of a hurricane of speculation.
When word leaked out in August that Goldman Sachs had been asked to explore an initial public offering of Lazard L.L.C., it sent Wasserstein watchers into overdrive. A Lazard I.P.O. would be the Read More
In the business world, the story of the early 21st century is bleak indeed. The public learned that many giant companies, presided over by highly compensated executives, engaged in fraud and deception to allow the big shots to live in regal splendor. You’d think that the people who run the New York Stock Exchange, of Read More
When the French grand bourgeois and senior Lazard-Frères partner and chairman Michel David-Weill anointed Bruce Wasserstein on Nov. 15 as his successor to lead Wall Street’s last major partnership, the appointment resonated in two ways. First, it marked the end of Mr. Wasserstein’s 24-year run as an establishment-flouting deal maker. Second, for Mr. David-Weill, it Read More