TPM:
Hank Paulson has a book deal. And if there is demand in the marketplace for yet another score-settling insider account by a flawed but well-meaning Bush appointee, we guess it is Hank. Since the centimillionaire is generously refusing an advance and donating the proceeds to a hotline that helps homeowners prevent foreclosure -- an endeavor he did not have much time for as Treasury Secretary -- we'll put a copy on hold. But a Hank Paulson book is veritably guaranteed to disappoint, right? Or should we hedge that statement?
After all, Paulson is a competitive guy, and the "Bush Administration Treasury Secretary Tell-All" genre has formidable competition in The Price Of Loyalty, Ron Suskind's account of Paul O'Neill's tenure in that post -- plus Paulson has the advantages of having presided over the spectacular financial crisis that begat the current depression and Goldman Sachs. Paulson doesn't seem to have pent-up literary ambitions -- instituting the short selling ban was his equivalent to "burning books," he told the Post -- but he will undoubtedly submit himself to the editorial judgments of his daughter, a journalist who writes about public education.
And in interviews, as his willingness to admit to burning books suggests, Paulson has seemed less of an ideologue than an ambitious business man who had never given ideology much thought -- so we won't be getting Ten Minutes From Normal here.
1 comment:
Hank is looking for the money only as the off shore accounts are being looked into. Hank is smart enough to keep the secrets as he could go to jail if the truth came out. Anyone who buys Hank's book will learn " there's a sucker born everyday". Anyone notice how all the crooks come out with books with nothing in it.
Post a Comment