As soon as I invent a new category – publishing perils – I get stuff leaping out all over the place for it.
Here’s a particularly lovely one, from Eddy Elfenbein:
“Yesterday, Jesse Eisinger reported that McGraw Hill dropped Barry Ritholtz’s book, Bailout Nation. Barry said that it’s due to his harsh treatment of the ratings agencies (Standard & Poor’s is owned by McGraw Hill).
McGraw Hill says that it’s dropping the book due to editorial conflicts. This strikes me as an exceedingly lame excuse. Jesse quotes Barry, “All the conversations I had with them, they made apparent this was all about S&P’s role as sister company.”
Read the rest of this post at “Crossing Wall Street.”
(Barry Ritholz is the writer of the popular macroeconomic blog, “The Big Picture.”
And here’s the original post at The Big Picture.
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