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Recommend Worker at Lazard's Atria Reacts to Bruce Wasserstein's $100M+ Pay Package: "I've Never Even Had the Weekend Off" (Email)

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The announcement yesterday by Lazard Ltd. (NYSE: LAZ) that Bruce Wasserstein, CEO of Lazard Ltd. and a principal of the Lazard group of companies, has signed a new contract worth more than $100 million and will be paid more than $41 million for 2007 is leaving low-wage workers in shock at Lazard-affiliated Atria Senior Living. Tone-deaf to the growing concerns of working Americans about their financial security and the state of the economy, Lazard Ltd. is showering Wasserstein with a CEO pay package worth approximately 13 percent of Lazard Ltd.'s entire 2007 profit.


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