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Michel David-Weill |
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When a man is down, bankers rarely hesitate to stick in the knife. So the moment Bill Loomis was sacked as Lazard’s chief executive by Michel David-Weill out came the stilettos.
Character assassins say Loomis only got the job because he was a stooge who posed no threat to the chairman. “He was so much in David-Weill’s shadow, if Michel stopped, Loomis would bump into him,” remarks one wit. “He was a Michel clone.
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