The Last Tycoons: The Secret History of Lazard Frères & Co.
Apr 2008 · Penguin UK
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About this ebook
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.
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.
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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March 6, 2022
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About the author
William D. Cohan was an award-winning investigative journalist before embarking on a seventeen-year career as an investment banker on Wall Street. He spent six years at Lazard Frères in New York and later became a Managing Director at JPMorgan Chase & Co. He is a graduate of Duke University and received both an MS from Columbia University’s Graduate School of Journalism and an MBA from its Graduate School of Business. He lives in New York City and Columbia County, New York.
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