Wasserstein Has the Last Laugh. Again.

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Lazard earnings are out and takeover revenue from the last quarter was he highest it's been since 2000. Earnings are up 68%. And the musak on the conference call to which we're currently listening is 39% better than the musak on the Overstock call. At any rate, business is good and we imagine Bruce Wasserstein thinking of Michel David-Weill, rubbing his hands together and laughing manaically.
We'll let you know if anything interesting happens. (We're not holding our breath. Update: Nor should we have. Not a single measly question from a single mildly insane shareholder.)
Lazard's Profit Rises 68 Percent on Takeover Advice [Bloomberg]

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