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.rant/ Alan Greenspan Book Deal

I don't know about you, but book “deals” like this one are really starting to burn my ass:

Alan Greenspan agrees to book deal: The memoirs of Alan Greenspan, one of the hottest properties in publishing, have been acquired by The Penguin Press, which has set a 2007 release date for the book by the former chairman of the Federal Reserve.

Financial terms were not disclosed by Penguin, an imprint of Penguin Group (USA) that announced the deal Tuesday. A dozen publishers were interested in the book, according to Greenspan's literary representative, Robert Barnett, and a high-ranking official with a publisher that competed in the auction said bidding reached at least $7 million.

There is no way in frozen hell that Greenspan can earn back an advance like that one, and the book will just as likely tank as skyrocket. Furthermore, Greenspan's book will be not be available in the Google scanned database because Penguin don't do that. Further furthermore, this book couldn't possibly have anything interesting in it. I suggest he get J.T. Leroy as his ghost writer. /rant I'm listening to “Juicebox” by The Strokes from the album First Impressions of Earth on .

Tags: alangreenspan | bookdeal | books | google | GooglePrint | greenspan | Penguin.

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