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It's bad enough out there that Lazard (LAZ +3.5%) - typically the shop using large pay packages...

It'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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  • TwistTie
    , contributor
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    Why is this going up so well today?
    26 Jul 2012, 02:58 PM Reply Like
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