The Last Tycoons: The Secret History of Lazard Frres & Co.
William D. Cohan, . . Doubleday, $29.95 (742pp) ISBN 978-0-385-51451-4
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 (
Reviewed on: 03/05/2007
Genre: Nonfiction