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- Amazon Sales Rank: #7362254 in Books
- Published on: 2010-09-01
- Original language: English
- Number of items: 1
- Dimensions: 7.80" h x 1.26" w x 5.08" l, 1.01 pounds
- Binding: Paperback
- 752 pages
From Publishers Weekly This astute if not entirely cohesive debut account from investigative journalist and former banker Cohan chronicles the long metamorphosis of Lazard Frères. Converted from a private partnership to a diversified, publicly traded company in 2005, it was the last great American investment bank to do so. That story intertwines with the career of Felix Rohatyn, Lazard's most famous and influential banker. Readers expecting a comprehensive financial history in the style of Ron Chernow (The House of Morgan) will find the firm's history from its founding as a New Orleans dry goods retailer in 1848 to the early 1960s covered in only two of the 21 chapters. Cohan discusses the following quarter century in more detail, but concentrates almost exclusively on Rohatyn and draws on the general business press. The chapters on the last 20 years contain fascinating and novel information, and rely extensively on the author's personal recollections (he worked at Lazard for six years) and interviews with associates, many of whom remain undisclosed. The result is three incompletely integrated works: a competent history of Lazard, a well-written biography of Rohatyn and an exciting insider's account of Wall Street infighting. (Apr.) Copyright © Reed Business Information, a division of Reed Elsevier Inc. All rights reserved.
Review Riveting ... a genuine page-turner Will Hutton Spellbinding Financial Times A definitive account ... it lives up to the billing The Times Has sent a jolt through Lazard and the rest of Wall Street Wall Street Journal An epic The New York Times Spellbinding Financial Times
About the Author William D. Cohan is the New York Times bestselling author of The Price of Silence, Money and Power, House of Cards, and The Last Tycoons, which won the 2007 FT/Goldman Sachs Business Book of the Year Award. He is a special correspondent at Vanity Fair and writes a biweekly opinion column in The New York Times. He has also written for theFinancial Times, Bloomberg BusinessWeek, Fortune, The Atlantic, The Nation, and The Washington Post, among other publications. Cohan is a graduate of Duke University, Columbia University School of Journalism, and the Columbia University Graduate School of Business.
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