After saying as recently as 6 months ago that he wasn’t a book writing kind of guy, the former Treasury Secretary, as predicted, has agreed to a deal with Crown Publishing to “chronicle how decisions were made during the most harrowing moments of the crisis, when policy makers faced a fog of uncertainty, risked catastrophic outcomes, and had no institutional memory or recent precedent to guide them.” No word on whether or not the above working title will make the final copy but surely we can expect this incident to be discussed at length. [WaPo, earlier]
book deals
Earlier today, the Times reported that former Goldman Sachs employee Greg Smith– he of third place Maccabiah Games finishes and very public breakup letters fame–, along with his newly acquired agent (Paul Fedorko), have been making the rounds at various publishing houses for the last week, pitching a book CNBC’s Kate Kelly says may go for more than $1 million at auction. Read more »
In chronicling the ‘unholy alliance among Big Business, Big Banking, and Big Government,’ which has brought this country to its knees, a sober voice is required to uncover and distill the backdoor deals, the smoke and mirrors, and the ultimate tragedy found within. That voice belongs to Charlie Gasparino. Which is why it is with great pleasure that we inform you that, due to the runaway success of When Mooks Fail, the Oracle of Rego Park has scored his latest book deal (with an advance that is said to be ‘significant,’ i.e. it’ll cover i.e. it will more than cover several week’s worth of martinis at Tropix, the author’s favorite little neighborhood joint, where they have a lax policy on underage drinking). Gasparino’s upcoming contribution to literature and understanding was sold under the name Bought And Paid For, but we have it on good authority that’s just a working title. That’s where you come in. Chaz has requested we help come up with something better, that truly captures the sentiment of the tome. Early proposals:
- Use the Bloomberg command
NH BLG_DEALBREAKER <GO>
to access Dealbreaker
