书目

The Last Tycoons:The Secret History of Lazard Frères & Co.

内容简介

AgrandandrevelatoryportraitofWallStreet’smoststoriedinvestmentbankWallStreetinvestmentbanksmovetrillionsofdollarsayear,makebillionsinfees,paytheirexecutivesinthetensofmillionsofdollars.Butevenamongthemostpowerfulfirms,LazardFrères&Co.stoodapart.Discretion,secrecy,andsubtlestrategywereitsweaponsofchoice.Formorethanacentury,themystiqueandreputationofthe"GreatMen"whoworkedthereallowedthefirmtogarnerunimaginableprofits,socialcachet,andoutsizedinfluenceinthehallsofpower.Butinthemid-1980s,theirtitanicegosstartedgettingintheway,andtheGreatMenofLazardjeopardizedalltheyhadbuilt.WilliamD.Cohan,himselfaformerhigh-levelWallStreetbanker,takesthereaderintothemysteriousandsecretiveworldofLazardandpresentsacompellingportraitofWallStreetthroughthetumultuoushistoryofthisexaltedandfascinatingcompany.CohandeconstructstheexplosivefeudsbetweenFelixRohatynandSteveRattner,superstarinvestmentbankersandpillarsofNewYorksociety,andbetweenthemanwhocontrolledLazard,theinscrutableFrenchbillionaireMichelDavid-Weill,andhischosensuccessor,BruceWasserstein.CohanfollowsFelix,theconsummateadviser,ashereshapescorporateAmericainthe1970sand1980s,savesNewYorkCityfrombankruptcy,andpositionshimselfinNewYorksocietyandinWashington.Felix’sdreamsaredashedafterthearrivalofSteve,aformidableandambitiousformernewspaperreporter.Bythemid-1990s,asLazardnearedits150thanniversary,SteveandFelixwerefeudingopenly.TheinternalstrifecausedbytheirargumentscouldnotbesolvedbytheimperiousMichel,whosemanipulativetendenciesservedonlytoexacerbatethetroublewithinthefirm.Increasinglydesperate,MicheltooktheunprecedentedstepofrelinquishingoperationalcontrolofLazardtooneofthefewGreatMenstillaround,BruceWasserstein,thenfreshfromsellinghisownM&Aboutique,for$1.4billion.Bruce’stake:morethan$600million.ButitturnedoutGreatManBrucehadsnookeredGreatManMichelwhentheFrenchmanwasathismostvulnerable.TheLastTycoonsisataleofvaultingambitions,whisperedadvice,worldlymistresses,fabulousartcollections,andenormouswealth—astoryofhighdramaintheworldofhighfinance.

作者简介

WilliamD.Cohanwasanaward-winninginvestigativejournalistbeforeembarkingonaseventeen-yearcareerasaninvestmentbankeronWallStreet.HespentsixyearsatLazardFrèresinNewYorkandlaterbecameaManagingDirectoratJPMorganChase&Co.HeisagraduateofDukeUniversityandreceivedbothanMSfromColumbiaUniversity'sGraduateSchoolofJournalismandanMBAfromitsGraduateSchoolofBusiness.HelivesinNewYorkCityandColumbiaCounty,NewYork.

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