Sudden-death overtime at W.R. Lazard: after the loss of its CEO, can the black investment banking firm continue to thrive?
Black Enterprise › Vol. 24 Nbr. 12, July 1994
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Summary
Challenges facing the company from investigation into criminal activity and Wardell R. Lazard's personal debts
The tragic death of Lazard May 11, 1994 was mitigated by his prior creation of committee that could oversee operations and share responsibility for growth. This has helped the firm handle serious matters pertaining to conflict of interest dealings and the link of his debts to company assets.See the full content of this document
Extract
Sudden-death overtime at W.R. Lazard: after the loss of its CEO, can the black investment banking firm continue to thrive?
May 11, 1994 should have been a great day for Wardell R. Lazard, the founder and CEO of W.R. Lazard & Co., one of the nation's leading municipal bond underwriters. On that fateful Wedn...
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