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October 25 , 2009

The Last Tycoons

The Secret History of Lazard Frères & Co.


They amassed unimaginable fortunes and would stop at nothing to make a deal, until their titanic egos started to jeopardize everything. This is the astonishing story of Lazard Frères, the world’s most elite and legendary investment bank – and the men who reigned over it all.

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For over 150 years Lazard Frères had stood apart from other Wall Street firms by offering ultra-wealthy clients the wisdom of its ‘Great Men’: from Felix Rohatyn, the escapee from Nazi-occupied France turned financial genius, to Michel David-Weill, the inscrutable French billionaire ‘Sun King’; from Steve Rattner, the boy wonder from Long Island who clashed violently with the old guard, to larger-than-life CEO Bruce Wasserstein, ‘Bid-Em-Up Bruce’, who broke with the bank’s traditions and made himself billions in the process.

In The Last Tycoons William Cohan, himself a former high-level Wall Street banker, takes us into their mysterious and secretive world, telling a story of ruthless ambition, whispered advice, explosive feuds, glamorous mistresses, decadent excesses and unimaginable wealth.

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