Oren Alexander, one of the developer's sons and a co-listing broker, said the sale had been in the works for more than six months and was done in cash.

WSJ: Florida Estate Goes for $47 Million

"There are very few people that I speak to who are expecting small-group rates to come down, " says Parker Conrad, co-founder of Zenefits, a San Francisco health-insurance broker for startups and small businesses.

WSJ: Will Health-Care Law Beget Entrepreneurs?

C. power broker Clark Clifford, who co-headed the bank.

FORBES: Banker Khalid Bin Mahfouz is dead at age 60.

Ms. Pratt, a real-estate broker in Westchester and Dutchess counties, once owned a large two-bedroom co-op in the East 80s.

WSJ: Easing Apartment Pain

Hertz and his co-conspirators also submitted intentionally losing bids to the broker for certain investment agreements to make it appear that his employer had competed for those agreement or contracts, when in fact, it had not.

FORBES: Guilty Pleas In Antitrust Division Municipal Bond Bid Rigging Case

The U.S. attorney said Chilowitz sent the confidential list and data from a Morgan Stanley computer to his personal AOL account and had communications from his Morgan Stanley e-mail to that unnamed "co-conspirator, " who worked at an unidentified consulting company that helped negotiate prime broker rates for hedge funds.

FORBES: Magazine Article