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It's bad enough out there that Lazard (LAZ +3.5%) - typically the shop using large pay packages...
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Thursday, July 26, 2012, 2:46 PM ETIt's bad enough out there that Lazard (LAZ +3.5%) - typically the shop using large pay packages to bring on bankers - is planning on cutting costs, including compensation. "We're not assuming some magical recovery of times past," says CEO Ken Jacobs. (earnings earlier)
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