Lazard's (nyse: LAZ - news - people ) Bruce Wasserstein rang the opening bell on his debut day and did a lap around the trading floor.

FORBES: Waiting For Blackstone's Comeback

During a conference call at lunchtime, Bear Stearns Chief Executive Alan Schwartz said the firm had retained the investment bank Lazard (nyse: LAZ - news - people ) to help it study strategic alternatives.

FORBES: Bear On The Bubble

Memory Pharmaceuticals (nasdaq: MEMY - news - people ) has a nicotinic receptor drug for Alzheimer's in midstage trials that is probably a year behind Targacept, figures Lazard (nyse: LAZ - news - people ) Capital Markets analyst Terence Flynn.

FORBES: The Nicotine Cure