The NY Times reports, "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." The 61-year-old, who was #147 on the latest Forbes Richest Americans list, had been in the hospital for an irregular heartbeat. He was the chief executive of Lazard Freres and also owned New York magazine.