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Financial crisis commission's report to bring book advance, cut of profit
wapo ^ | 8/8/10 | Jason Horowitz

Posted on 08/08/2010 7:27:19 PM PDT by Nachum

The government commission tasked with writing a public report to expose the causes of the financial crisis is keeping the structure of its own publishing deal private.

On Aug. 3, the Financial Crisis Inquiry Commission, a presidential body, announced that it had chosen Little, Brown and Co. to publish its final report about the meltdown -- an anticipated and authoritative account pieced together by well-known journalist Matt Cooper. It did not mention, however, that the deal had unusual terms for the publication of a public document, including an agreement by Little, Brown to pay an advance to the government and the stipulation that a portion of the proceeds from sales be paid into U.S. Treasury coffers. The commission's chairman, Phil Angelides, said the details of the deal will be divulged once the contract with Little, Brown is finalized.

(Excerpt) Read more at washingtonpost.com ...


TOPICS: Crime/Corruption; Government; News/Current Events
KEYWORDS: commissions; crisis; financial; report
For me and not for thee....
1 posted on 08/08/2010 7:27:23 PM PDT by Nachum
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To: Jet Jaguar; NorwegianViking; ExTexasRedhead; HollyB; FromLori; EricTheRed_VocalMinority; ...

The list, ping


2 posted on 08/08/2010 7:28:00 PM PDT by Nachum (The complete Obama list at www.nachumlist.com)
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To: Nachum

I testified before the commission for an entire day. They didn’t like what I had to say. Hence, I was probably ignored in the final report. But the people that agree with the narrative will be quoted generously.


3 posted on 08/08/2010 7:37:35 PM PDT by whitedog57
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To: Nachum
Bush's fault. Nothing to see here, move along. Total whitewash of Fwank and Dodd.
4 posted on 08/08/2010 8:29:21 PM PDT by VRWC For Truth (Throw the bums out who vote yes on the bail out)
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To: whitedog57

Wow, impressive. What can you tell us about your testimony and the hearing?

Hey... regarding the government’s advance...I thought that criminals couldn’t profit from their ill deeds...


5 posted on 08/08/2010 11:13:44 PM PDT by bootless (Never Forget. Never Again. (PursuingLiberty.com))
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To: Nachum

http://www.themoneyillusion.com


6 posted on 08/08/2010 11:41:54 PM PDT by dajeeps
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To: Nachum

Government making a profit from activities?
Corporatism at its best!
There’s a reason my congressman received 800 anti TARP phone calls a day! (no they weren’t ALL from me. LOL)


7 posted on 08/09/2010 5:14:25 AM PDT by griswold3 ('Regulation and law without enforcement is no law at all)
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