Back To The Vulnerable Elderly
Atria Senior Living and Lazard -- I've been writing about bigger-picture issues but today I'd like to go back where this started, to the most vulnera...
Bruce Wasserstein
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Reverse Robin Hood: Stealing From the Poor to Give to the Rich
Martin Bosworth | Posted 07.17.2008 | Business
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Reagan,
Lazard,
Debt,
John McCain,
Assisted Living,
Bailout,
Bruce Wasserstein,
Atria,
Economy,
Crisis,
Failure,
Foreclosure,
Elder Care,
Business News
For true capitalism to work, there has to be a balance of free enterprise and accountable oversight. Everyone should be able to start at the same line and run the race according to their own skill and strength.
The Campain for Assisted Living and the Bigger Picture
Dave Johnson | Posted 07.16.2008 | Politics
I have been writing about the Campaign to Improve Assisted Living -- please visit their website. I'd like to talk about the larger picture. The ot...
Who Is the Corporation?
Dave Johnson | Posted 07.14.2008 | Business
I have been writing about Atria Senior Living, owned by a "Lazard-affiliate." Atria is big a chain of facilities where elderly people live. It offer...
Atria Lazard Wasserstein Friday Recap
Dave Johnson | Posted 07.11.2008 | Business
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Lazard,
Bruce Wasserstein,
Atria,
Bermuda,
Wealth,
Rockefeller Center,
Wealth Gap,
Business News
So far this week, in the unfolding story of Atria Senior Living, Bermuda-based (HA!) buyout firm Lazard and the really, really rich guy at the top of ...
Don't Let Bruce Wasserstein Gouge Your Grandma!
Martin Bosworth | Posted 07.11.2008 | Business
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Wasserstein Bonus,
Lazard,
Greed,
Social Justice,
Assisted Living,
Bruce Wasserstein,
Atria,
Economy,
Elder Care,
Corporatism,
Business News
Wasserstein has continually built his tremendous success on his ability to persuade people that bidding on him means a win, even when it ends up solely being a win for him.
Gouging Vulnerable Seniors -- What Can Be done?
Dave Johnson | Posted 07.10.2008 | Business
This is part four of an unfolding series on the Atria Senior Living chain of senior living facilities, and how they treat their residents and workers....
People Aren't Products: Fighting Lazard's Gouging Of The Elderly
Martin Bosworth | Posted 07.10.2008 | Business
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Investments,
Brave New Films' War on Greed,
Social Justice,
Assisted Living,
Bruce Wasserstein,
Atria,
Economy,
Lazard,
Elder Care,
Business News
Crossposted at Boztopia and Open Left Over the last week, I've been documenting the struggle between workers and residents of the Atria assisted livi...
Living and Working at Atria
Dave Johnson | Posted 07.09.2008 | Business
We are people, not economic units, and there is a difference. This may be a difficult concept to grasp after three or four decades of constant corporate-funded "free market" propaganda.
Extreme Wealth Just Isn't Enough
Dave Johnson | Posted 07.08.2008 | Business
Wasserstein and Lazard need to get their greed under control, take responsibility for their own actions, and stop cutting services and raising rates at Atria.
People As Products: Taking Advantage Of The Elderly
Martin Bosworth | Posted 07.08.2008 | Business
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Dave Johnson,
Lazard,
Assisted Living,
Bruce Wasserstein,
Investment,
Economy,
Atria,
Nursing Homes,
Gilded Age,
Russ Wellen,
Capitalism,
Seniors,
Business News
The Atria management has been cutting services, cutting wages, reducing benefits, and demanding more from both its workers and the product itself -- the seniors.
Lazard Profits Plunge 71 Percent
NY Times via Yahoo Finance | Posted 05.07.2008 | Business
Lazard, the investment bank run by Bruce Wasserstein, said Tuesday that its first-quarter profit plunged 71 percent, hurt largely by a $28.5 million w...
Is Wasserstein's Bonus Over The Top?
New York Times | Dealbook | Posted 01.31.2008 | Business
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CEO Pay,
Wasserstein Salary,
Wasserstein Bonus,
Lazard,
Wall Street,
Bruce Wasserstein,
Business News
Bruce Wasserstein is an important rainmaker at Lazard, the investment bank he runs. But, wonders Breakingviews, is he really worth more to the busine...
What Your Wall Street CEO Is Really Worth
Wall Street Journal | Heidi Moore | Posted 01.31.2008 | Business
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Richard Fuld,
Lazard,
Wall Street CEOs,
Bruce Wasserstein,
Wall Street,
Lehman Brothers,
Business News
Louis XIV famously said, "L'etat, c'est moi," letting everyone know his centrality in France. Bruce Wasserstein needs no such pithy quotes to broadcas...
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Dave Johnson | Posted 07.17.2008 | Business