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The Last Tycoons: The Secret History of Lazard Frères & Co.
by William D. Cohan
from Doubleday
Customer Reviews:
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Avg. Customer Rating: 4.0 / 5.0 
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From a different age 
With extensive access to all players involved (except one, who declined to be interviewed) William D Cohan does a marvelous job in recounting the history of a bank from another time and the history of investment banking right into the 1990s.
When reading the book I could not escape the feeling that Lazard was almost run like a personal fiefdom of the David-Weills with a few `stars' like Andre Meyer and Felix Rohatyn allowed to drive the business and take their cut along the way without ever... more info
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A decent read but falls far short as economic history 
There is much that is interesting in this detailed story of Lazard, the enigmatic Wall Street M&A advisory firm. However despite the plaudits the book has received (e.g. FT business book of the year for 2007, beating our Alan Greenspan's autobiography), it falls far short of the great Wall Street histories in the tradition of Ron Chernow (on the Morgans) or Niall Ferguson (on the Rothschilds). Cohan is a decent storyteller, but in the end this long narrative fails to do a number of things:
1) Gain... more info
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Lazard Freres & Co. Who would have thought it would be revealed!
The book reads like a novel with fascinating histories of one of the most secretive and successful of Wall Street's investment firms. The characters are well known to everyone on Wall Street starting with Felix Rohatyn, Andre Meyer, Michel David-Weills, Steve Rattner and then none other than Bruce Wasserstein. What has not been well known about the internal working relationships of the partners is revealed in wonderful detail for the first time by an insider who captures personalities dealing with greed and... more info
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A big long book displaying the limitless greed and power seeking at Lazard
If you are interested in the story of Lazard Frères & Co. from its founding to its current incarnation as a public firm run by Bruce Wasserstein, this is your book. William D. Cohan worked at Lazard for six years and got to know the stories and the key people. He has done his research and provides insights about the leaders and top rainmakers of the company. This is a book more about people than deals. The author uses the deals to illustrate aspects of the person being discussed. Even when deals... more info
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