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WEDNESDAY, NOVEMBER 25, 2009
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Wall St. Dealmaker Wasserstein Dead at 61

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(AP) – Bruce Wasserstein, the CEO of Lazard Ltd. and one of Wall Street's most prominent dealmakers, is dead at 61. He had been hospitalized with an irregular heartbeat on Sunday. Wasserstein had been a fixture on Wall Street since the 1980s. He worked on such landmark deals as Kohlberg Kravis Roberts' takeover of RJR Nabisco, and the Morgan Stanley-Dean Witter and AOL-Time Warner mergers.

Aside from his work at Lazard, Wasserstein was chairman of Wasserstein & Co., a private investment firm. It has investments in companies ranging from Penton Media, a publisher of trade magazines, to gourmet food seller Harry & David. Wasserstein also owns New York Media Holdings LLC, which publishes New York magazine.

Bruce Wasserstein in 2006.
Bruce Wasserstein in 2006.   (AP Photo/Shiho Fukada, file)
Bruce Wasserstein in a 2006 file photo.
Bruce Wasserstein in a 2006 file photo.   (SHIHO FUKADA)
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10 comments
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alkaseltzersammich
Oct 14, 09 4:25 PM CDT
I didn't know you could overdose on money. Thumbs down to me. Reply
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0
Thinker
Oct 14, 09 4:32 PM CDT
I hope it's contagious. Reply
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-2
IN RESPONSE:
Unaffiliated
Oct 14, 09 5:22 PM CDT
Disagree all you want with how he made his living. Criticize him for stealing while wheeling and dealing. But I don't see how you can celebrate in anyone's death.
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0
IN RESPONSE:
Thinker
Oct 15, 09 7:16 AM CDT
I stand by my response. We need to get rid of the obscene, disgusting rich one way or another. Natural attrition seems a good way to do it.
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+1
IN RESPONSE:
divetrader
Oct 15, 09 7:25 AM CDT
You are so silly Thinker. But there isn't anyone more deserving to die than someone affiliated with KKR and RJR Nabisco. KKR is one of the IRAq contractors who provided tainted water to our troops. Also, RJR is obviously famous for providing people with cancer sticks. I doubt that he suffered as much as people using his companies products.
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