Steven Rattner: Media Mogul In The Making

It was no surprise when Steven Rattner, deputy chairman of Lazard Freres, said that he was leaving the well-known investment bank on Feb. 29. But where he was headed and who he was taking with him did turn heads on Wall Street. The former New York Times reporter, and the man known for placing Lazard's media mergers and acquisitions practice on the map, is now off to build his own media empire.

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