Kraft has lost the advantage in its pursuit of Cadbury, and some are wondering whether things would have been different had its lead adviser Bruce Wasserstein not died last month. "If Bruce were alive, I think Kraft would have moved more quickly," Full Article at New York Post

Lazard, the gentlemanly giant of Wall St financial advisory firms, has appointed an insider, Kenneth Jacobs, to fill the shoes of the late Bruce Wasserstein as its new chairman and chief executive. Full Article at New Zealand Herald

The board of investment bank Lazard Freres yesterday ended weeks of speculation and gossip about who would replace the firm’s late CEO Bruce Wasserstein. The legendary and frequently controversial deal maker died suddenly last month at the age of 61. Full Article at Business Week

Nov. 18 (Bloomberg) -- In his 21 years at Lazard Ltd. , Kenneth Jacobs witnessed three chief executive officers, the 161-year-old firm’s initial public offering and a power struggle lost by the founding family. Full Article at Bloomberg.com

For much of the modern era, Lazard was known for the internal strife that at times threatened to wreck the now 161-year-old investment bank. Few issues were more contentious than the firm’s leadership. Full Article at Dealbook

Lazard tapped Kenneth Jacobs as its new CEO to replace Bruce Wasserstein, who died unexpectedly in the middle of October. Full Article at New York Post