It’s called “Party at the End of the World” and it’s coming at you sometime in 2013 via St. Martin’s Press. His agents describe the book as “a sex- drugs- and alcohol-fueled account of how Lohse nearly lost his life in the country’s cradle of frat debauchery and found something like redemption in…making it his mission to reform what is a national problem,” though hopefully there will be at least a few pages devoted to the “faceless hedge funds” and other Wall Street institutions that helped make Lohse famous by making him sick. [IG, earlier]
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 »
Over the weekend Charlie Gasparino reported that John Mack is expected to retire as chairman of Morgan Stanley at the end of the year. According to Chaz, Mack will use some of his newfound time to write a book. It’s still in the early stages, though, and probably untitled. So! Read more »
The following excerpt is from Fatal Risk: A Cautionary Tale Of AIG’s Corporate Suicide, a new book by investigative reporter Roddy Boyd.
The role of Goldman Sachs in AIG’s saga had its roots in a little- remarked-upon series of promotions involving a pair of managers known as the “J. Aron guys” taking control of Goldman’s Fixed- Income, Commodities, and Currency unit in the late 1990s. Gary Cohn and Lloyd Blankfein, veterans of Goldman’s sharp-elbowed commodities trading operation, saw a need to do things differently. Read more »
Joel Stein is a reporter for Time magazine writing his first book. It’s about “learning, at 39, how to finally become a man.” In addition to “the typical red state stuff” (4 days of basic training in the army; fight Randy Couture from the UFC; hunt; do a shift as a fireman; fix a house; work in the pit crew at a car race), there is a chapter about Wall Street. That’s where you come in. Read more »
He had a plan to save the book industry one story at a time, but now that’s probably shot to hell. Read more »
And on an even more serious note, for which you should brace yourselves, Taleb has announced he will not be going to Davos this year. Why? Because he’s sick of the name dropping fame whores in attendance who don’t know anything about debt, like he does. Black Swan will be making better use of his time “at home with my fireplace and notebook and library,” where he will fix our economy while less serious people– NT hates to name names but “Rouriel Noubini” he mouths– will be in Switzerland banging economist groupies. Read more »