Some people take a simplistic view and believe that China's stimulus package means only the four trillion RMB yuan investment. This is a total misunderstanding.

Mr. Wasserstein's pay package underscored a fact of life at Lazard: In addition to being the public face of the investment-banking firm, Mr. Wasserstein received the lion's share of its pay.

Combining them in its Fusion software package is a huge task, says Brent Thill, an analyst at Citi Investment Research.