daniel-gross

Authors, Publishers Scramble To Chronicle Crisis

cityfile · 09/24/08 10:50AM

Bankers' losses are going to be certain authors' gains: Book proposals about the Wall Street debacle have already landed on publishers' desks, reports Leon Neyfakh in the Observer. Times business columnist Joe Nocera (right) and former Fortune reporter Bethany McLean (left) are asking for offers in excess of $1 million for their "definitive chronicle" of the financial crisis, and Newsweek's Daniel Gross is pitching a "quickie electronic book" with a similar premise. Meanwhile, Publishers Marketplace reports that Melanie Jackson has sold Roger Lowenstein's Six Days That Shook the World, "a look at last week on Wall Street and in Washington, illuminating the origins of the crisis," to Ann Godoff at Penguin.