Bruce Wasserstein Has Died
From NYT’s DealBook:
Bruce Wasserstein, a Wall Street investment banker who helped pioneer the hostile takeover in the 1980’s and turned the mergers and acquisitions business into a high art, died Wednesday.
Mr. Wasserstein, 61, was the chairman and chief executive of Lazard. The cause of death could not be immediately learned, though he had been hospitalized earlier this week for what was described as an irregular heartbeat.
Mr. Wasserstein, who began his career as a lawyer but quickly moved into investment banking, worked on some of the biggest deals of the past three decades, including Kohlberg Kravis Roberts’s takeover of RJR Nabisco.
Most recently, he has led the team advising Kraft in its potential takeover of Cadbury.
One of Mr. Wasserstein’s siblings was the Pulitzer Prize-winning playwright Wendy Wasserstein, who died in 2006 of lymphoma.
John Boehner’s Office Selectively Edits Alcee Hasting’s ‘We Make Up The Rules’ Clip

Amid the many Internet memes that have sprung up in recent days surrounding the health care debate, a nine-second video of Alcee Hastings saying "when the deal goes down, all of this talk about rules - we make 'em up as we go along," is pretty damning evidence of the byzantine legislative process. Perhaps even more instructive, however, is the fact that the video was taken out of context. Even worse? It seems that the selective editing came from the office of Minority Leader John Bohener.
Kathy Griffin On Don’t Ask, Don’t Tell: It’s A Generational Thing
Kathy Griffin was in D.C. earlier this week for a rally at the capitol to repeal "Don't Ask, Don't Tell." While the My Life On The D List celebrity has made gay rights one of her biggest causes, she also took a moment to talk to interviewer Liz Glover about Scientology, Levi Johnston, and flying on Southwest.
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