Today, the notion of the one-stop shop has fallen by the wayside, at least in the press, and been replaced by nimble advice-giving specialists.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.
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.
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.
UPDATE: NEW YORK -- Bruce Wasserstein, the CEO of Lazard Ltd., is dead, a company spokeswoman confirms Wednesday .
Wasserstein, 61, a prominent Wall ...
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.
SCROLL DOWN FOR PHOTOS
A powerful crowd turned out for Fortune's breakfast conversation with Stephen Schwarzman and Bruce Wasserstein Thursday mornin...
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.
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...
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.
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 ...
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...
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.
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.
The Atria management has been cutting services, cutting wages, reducing benefits, and demanding more from both its workers and the product itself -- the seniors.
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, 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...
Bruce Wasserstein is an important rainmaker at Lazard, the investment bank he runs.
But, wonders Breakingviews, is he really worth more to the busine...
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...