Report: Lazard CEO Wasserstein dies

AP ^ | 14 October 2009 | AP via Yahoo

[combat_boots]

NEW YORK – Bruce Wasserstein, the CEO of Lazard Ltd., has died, according to a Wall Street Journal report Wednesday, which cited sources familiar with the matter

[combat_boots]

Brief announcement so far.

[combat_boots]

Now being reported elsewhere:

“Lazard CEO Bruce Wasserstein dies at 61”
Preeminent investment banker was hospitalized two days earlier, according to reports.
David Goldman, CNNMoney.com staff writer
October 14, 2009

http://money.cnn.com/2009/10/14/news/newsmakers/bruce_wasserstein/index.htm?section=money_latest

[the invisib1e hand]

There's a story at (bloomberg).

The lawyers will be happy.

[Last Dakotan]

Lizard;

[vox_freedom]

Mr. Wasserstein brokered a thousand or more merger and acquisition deals. A previous high profile personnel transaction he brokered was for Obama's Chief of Staff Rahm Emanuel. Here is an excerpt from the NYT's on that deal:

The New York Times:
In late 1998, while Washington was in the throes of the Monica Lewinsky scandal, Rahm Emanuel, a departing senior political aide to President Bill Clinton, ventured out to an elegant restaurant in Dupont Circle for something of a job interview, The New York Times's Michael Luo writes. John Simpson, who ran the Chicago office of the investment banking boutique Wasserstein Perella & Company, had flown to Washington to meet with Mr. Emanuel at the behest of Mr. Simpson's boss, Bruce Wasserstein, a major Democratic donor and renowned Wall Street dealmaker who had gotten to know Mr. Emanuel. "I had this idea that this could work and that it had upside," Mr. Wasserstein, now chairman and chief executive of Lazard, the investment bank, told The Times. "It worked out better than I could have hoped."

And better than Mr. Emanuel could have imagined as well. Over the course of a three-hour-plus dinner, Mr. Simpson and Mr. Emanuel discussed how they might work together. Shortly afterward, Mr. Emanuel accepted an offer, nudging him down what has by now become a well-trodden gilded path out of politics and into the lucrative world of business.

[scottdeus12]

“The lawyers will be happy. “

Why is that?

[RckyRaCoCo]

Wall Street fraudmeisters are/were 95% dimocrat...the mainstream media will not tell that story because...they are in bed and/or invested with them.

In other words the ponzi schemes and such include the liberal media as partners in crime.

It's Bush's the SEC's mainstream media's fault.

[the invisib1e hand]

holy smokes, a connection to rahm? this puts the sudden, untimely death in an entirely different light.

one can't be faulted for wondering, "what did he know?"

[vox_freedom]

Wonder if he got a “flu shot.”

[countess]

Snipped from Emanuel's wiki page:

After serving as an advisor to Bill Clinton, in 1998 Emanuel resigned from his position in the Clinton administration and became an investment banker at Wasserstein Perella (now Dresdner Kleinwort), where he worked until 2002.[29] In 1999, he became a managing director at the firm’s Chicago office. Emanuel made $16.2 million in his two-and-a-half-year stint as a banker, according to Congressional disclosures.[29][30] At Wasserstein Perella, he worked on eight deals, including the acquisition by Commonwealth Edison of Peco Energy and the purchase by GTCR Golder Rauner of the SecurityLink home security unit from SBC Communications.[29]

[fieldmarshaldj]

RIP.