Death Of Bruce Wasserstein Gives Burden To The Business Industry

The sad death of Bruce Wasserstein is a popularthree decades. The Kohlberg Kravis Robert’s
news that shocked the business industry. Populartakeover of RJR Nabisco was his famous
Bruce Wasserstein is a Wall Street investmentachievements. Mr. Wasserstein’s thinking in deal
banker. He helped establish the hostile takeover inmaking is like a game of chess – one move ripe
the 1980s and reform the mergers and achievementsfor complex tactic and frequently came at high cost.
business into a high art. But sad to say he pastOn his deals he always advocated win-win conditions
away, last Wednesday.and encouraged his clients also to do so in other
**Do You Think That The Death Of Brucedeals. To date, Mr. Wasserstein is dubbed by his
Wasserstein Is A Great Loss?**friends and colleagues as a great tactician.
VOTE YES  or  VOTE NOBefore, Mr. Wasserstein became a Lazard CEO he
(Just vote above for your chance to win a Free Dellwas hired first to run an investment bank. From
Laptop)there he influenced many of the firm’s
Bruce Wasserstein, chairman and chief executive ofdealmakers to support one of the largest deals of his
Lazard died at 61. The cause of death of Mr.profession. As a result he took Lazard public and
Wasserstein is until now not undetermined. Thoughending more than a century of private ownership.
Mr. Wasserstein was hospitalized earlier this week forFrom then on, Mr. Wassserstein became popular that
irregular heartbeat. The company explained that Mr.he even made a surprise bid for New York Magazine,
Wasserstein’s condition was serious, but he wasbeating some of the city’s richest businessman.
recovering and stable.Poll:
Bruce Wassertein started his career as a lawyer butDo You Think That The Death Of Bruce Wasserstein
quickly he shifted into investment banking andIs A Great Loss?
worked on some of the major deals for the past