I came across this article on Lazard and its transformations since Wasserstein has taken over.
Bruce Wasserstein is trying to be diplomatic -- really he is -- as he compares Lazard Ltd. (LAZ ), the storied investment bank that he runs, with Wall Street giants like Goldman Sachs (GS ), Merrill Lynch, and JPMorgan Chase (JPM ). But tact does not come naturally to Wasserstein, the preeminent merger-and-acquisition tactician of the rough-and-tumble 1980s.
