Former Treasury Secretary Paulson to write a book
The book deal was done quickly and quietly because 鈥 unlike most authors 鈥 this one was not looking to make a profit. But former Treasury Secretary Hank Paulson does have聽 a story he wants to tell.
So this October, Business Plus 鈥 an imprint of Grand Central Publishing and the Hachette Book Group 鈥 will bring out a book by Paulson offering what is being called "" on the US economic crisis.
Paulson, who is a former chairman and CEO of Goldman Sachs, is taking no advance on his book and plans to donate all profits to the , a nonprofit group which works with families to try to prevent foreclosure of their homes.
鈥淚 didn鈥檛 come to Washington thinking I was going to leave and write a book" Paulson told the Associated Press yesterday. "But this period was so significant and there are so many insights and so many lessons learned that I think an understanding of this extraordinary period is important."