Word: wasserstein
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...ballet troupes, Wall Street investment firms are built around stars. Well known and well paid, cosseted and coddled, the stars eventually become almost synonymous with the institutions that employ them. Nowhere was this more true than at the elite investment firm of First Boston, where the duo of Bruce Wasserstein and Joseph Perella created a mecca for merger-and-acquisit ion advice. Owing largely to their prestige, First Boston was the busiest takeover player on Wall Street last year, handling an estimated 174 deals. Serving as masterminds in some of the biggest corporate struggles of the decade...
...stroke last week, First Boston lost its takeover titans to two lures: greater freedom and, though each already makes about $6 million a year, bigger rewards. Wasserstein, 40, and Perella, 46, along with high-ranking Colleagues Charles Ward, 35, and William Lambert, 41, abruptly quit First Boston to start a rival firm. Adding to their employer's misery, they immediately began recruiting First Boston co-workers and clients. Their departure, while certainly the most dramatic Wall Street split in years, is only one episode in a broader upheaval and personnel shuffle taking place on the Street. In the wake...
...Romantic. Wendy Wasserstein looks at two sisters under the skin-one a Wasp princess, the other a Jewish frogette-in an irresistible off-Broadway comedy about coming to terms with endearment...
...Wendy Wasserstein to the rescue. On West 42nd Street, within spitting distance of Broadway, her new comedy is showing the theatrical old guard how to be young, hip and acerbic without forfeiting involvement in affairs of the heart. Isn't It Romantic examines the lives of two old college chums-Janie Blumberg (Cristine Rose) and Hattie Cornwall (Lisa Banes)-as they approach their 30s and the dangerous prospect of a life without either Mamma or mate...
...Wendy Wasserstein, whose very name is a deadpan joke on Jewish assimilation into the cheerleader values of Middle America, writes about Jews and Wasps without a tincture of sitcom condescension, finding poignant similarities in perpendicular lives, giving just about every character equal time and a fair number of laughs. Director Gerald Gutierrez has mined the big, handsome virtues in this deceptively modest play, putting a shine on everything from the show tunes and rock standards to the voices on Janie's telephone-answering machine (including the desperate plaints of Meryl Streep, in her best and most hilarious performance...