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Lazard

Capital Versus Talent in Investment Banking

Robert Teitelman | Posted 05.25.2011 | Business
Robert Teitelman

Today, the notion of the one-stop shop has fallen by the wayside, at least in the press, and been replaced by nimble advice-giving specialists. Capital is out, talent is back in again.

Promoting Infrastructure Investment on the Cheap

Michael Likosky | Posted 05.25.2011 | Business
Michael Likosky

If members of Congress vote on their policy preferences instead of politics, the National Infrastructure Bank will enjoy broad-based bipartisan support in the New Year.

Bruce Wasserstein 1947-2009

Robert Teitelman | Posted 05.25.2011 | Business
Robert Teitelman

The Bruce we knew was an enthusiast of the media and for journalism. It's been said often enough, but Bruce came up with the idea for a national newspaper to cover deals.

Bruce Wasserstein Dead: Dies At 61

Associated Press | Posted 05.25.2011 | Business

UPDATE: NEW YORK -- Bruce Wasserstein, the CEO of Lazard Ltd., is dead, a company spokeswoman confirms Wednesday . Wasserstein, 61, a prominent Wall ...

Just Don't Tell Us What Your Manicure Costs

Vicky Ward | Posted 05.25.2011 | Style
Vicky Ward

Despite the searing wounds inflicted by Bernie Madoff, despite the fact that several divorces are stalled because suddenly there are no assets to divide, some people still don't see what's going on.

Stephen Schwarzman And Bruce Wasserstein Spar At Fortune Breakfast

Huffington Post | Danny Shea | Posted 05.25.2011 | Business

SCROLL DOWN FOR PHOTOS A powerful crowd turned out for Fortune's breakfast conversation with Stephen Schwarzman and Bruce Wasserstein Thursday mornin...

Reverse Robin Hood: Stealing From the Poor to Give to the Rich

Martin Bosworth | Posted 05.25.2011 | Business
Martin Bosworth

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.

Who Is the Corporation?

Dave Johnson | Posted 05.25.2011 | Business
Dave Johnson

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 05.25.2011 | Business
Dave Johnson

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 05.25.2011 | Business
Martin Bosworth

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.

People Aren't Products: Fighting Lazard's Gouging Of The Elderly

Martin Bosworth | Posted 05.25.2011 | Business
Martin Bosworth

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 05.25.2011 | Business
Dave Johnson

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 05.25.2011 | Business
Dave Johnson

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 05.25.2011 | Business
Martin Bosworth

The Atria management has been cutting services, cutting wages, reducing benefits, and demanding more from both its workers and the product itself -- the seniors.

When Seniors Are the Product

Dave Johnson | Posted 05.25.2011 | Business
Dave Johnson

Imagine finding out that your elderly parents were being mistreated or neglected. You'd think an investment fund like Lazard would pay attention when their customers were demanding better care, right?

Lazard Profits Plunge 71 Percent

NY Times via Yahoo Finance | Posted 05.25.2011 | 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 05.25.2011 | Business

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 05.25.2011 | Business

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...