This Year's 'Wasserstein Ho-Down' Will Not Be A Cash Bar

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Bruce "Big Bucks" Wasserstein was awarded $18 million in restricted shares by Lazard Ltd. This represents an 80% increase from last year, when he got $10 million (plus a $4.2 million salary), thanks to a stock rise of 48% in 2006. The Wasserstein family currently owns $585 million in stock/stock rights; Wasserstein is the sixth-largest shareholder of public stock. Here's to bigger and better parties in '07.
LAZARD BIDS UP BRUCE [Bloomberg via NYPost]

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