The death of Bruce Wasserstein, the head of Lazard, has robbed Wall Street of a legend. He shook up dealmak-ing in the 1980s, doing more than anyone else to modernise investment banking by bringing aggressive tactics to a world previously known more for its clubbi-ness than its sharp elbows.rnMr Wasserstein rose to fame at First Boston, later co-founding his own boutique, Wasserstein Perella, which helped pioneer the hostile takeover, infamously working on the "Barbarians at the Gate" buy-out of rjr Nabisco. Ruthless in his pursuit of kudos and fees, he occasionally pushed those he advised to overpay rather than walk away, earning him the nickname "Bid 'em Up Bruce."
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