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All the books listed for the Financial Times and McKinsey Business Book of the Year Award

The Last Tycoons by William Cohan

The Last Tycoons

Those secrets that remained unspilt before Bruce Wasserstein seized control of Lazard from Michel David-Weill and propelled it to its 2005 initial public offering are entertainingly dished out here. William Cohan, a former junior Lazard banker, not only knows where the bodies were buried but got a guided tour of the graveyard from Lazard’s big names, past and present. — Read the complete FT review


They amassed unimaginable fortunes and would stop at nothing to make a deal, until their titanic egos started to jeopardize everything. This is the astonishing story of Lazard Frères, the world’s most elite and legendary investment bank – and the men who reigned over it all. For over 150 years Lazard Frères had stood apart from other Wall Street firms by offering ultra-wealthy clients the wisdom of its ‘Great Men’: from Felix Rohatyn, the escapee from Nazi-occupied France turned financial genius, to Michel David-Weill, the inscrutable French billionaire ‘Sun King’; from Steve Rattner, the boy wonder from Long Island who clashed violently with the old guard, to larger-than-life CEO Bruce Wasserstein, ‘Bid-Em-Up Bruce’, who broke with the bank’s traditions and made himself billions in the process. In The Last Tycoons William Cohan, himself a former high-level Wall Street banker, takes us into their mysterious and secretive world, telling a story of ruthless ambition, whispered advice, explosive feuds, glamorous mistresses, decadent excesses and unimaginable wealth.