Undercover Operator; In New York, where gossip is king, a savvy Wall Street mogul pulls off a top-secret publishing deal. Again.

Publication: Newsweek

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Byline: Peg Tyre

Call him the stealth deal-maker. In December, famed Wall Street financier Bruce Wasserstein upended the very public ambitions of some of New York's biggest media players with a silent and successful bid to buy New York Magazine. Last week Wasserstein courted and signed one of the city's most prominent editors, New York Times veteran Adam Moss, again without a whisper of gossip. In most industries, that might be considered standard operating procedure. But in New York media circles, where the so-called chattering class obsessively dissects the most minute maneuvering, Wasserstein's secret deals were a coup--the kind...

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