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Ritholtz Finds a New Publisher
Less than a month after McGraw Hill dropped blogger Barry Ritholtz's scathing critique of Wall Street during the boom, another publisher has picked up the book.
John Wiley & Sons said it would publish Bailout Nation: How Easy Money Corrupted Wall Street and Shook the World Economy this May.
In Feburary, McGraw Hill said it had decided not to publish the expose, saying it had editing conflicts with Ritholtz -- an explanation that some people found difficult to swallow.
Ritholtz himself said McGraw Hill was uncomfortable with his blunt dislike for the way credit ratings agencies -- particularly Standard & Poor's, which is owned by McGraw Hill -- helped to inflate the asset bubble at the root of today's global economic slump.
by Mark Stein
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