OLD Media Moves

Fox's Claman and her Bear Stearns books scoop

August 1, 2008

Liz Claman, an anchor at Fox Business Network, writes Friday about how she was able to obtain one of four copies of an as-yet unreleased insider’s book on why Bear Stearns & Co. collapsed.

Liz ClamanClaman writes that she got it from one of her best Wall Street sources.

She notes, “So once I had it, I had to call BrickTower Press.  Needless to say they were stunned to hear that a reporter had gotten a hold of it.  But for a boutique publisher who’s best-selling book up until this point was ‘Gardening in Deer Country,’ they were pretty cool about it.  Because the galleys are being mailed to book critics and literary reviews TODAY, they knew the clock was ticking. They have allowed Fox Business to use quotes in a limited number.  We thank them.

“We’ll be following the story all day long, I’ll be revealing quotes throughout the day with response from market watchers and former Bear Stearns employees, along with expert short-sellers and former SEC prosecutors.  BrickTower says it’ll reveal the identity of ‘Anonymous’ on or around September 22nd, the date of release, but of course feel free to start guessing his identity now.   The book is now available for pre-order on Amazon.  I predict that however many copies they’ve ordered, they’ll have to order more.”

Read more here.

Subscribe to TBN

Receive updates about new stories in the industry daily or weekly.

Subscribe to TBN

Receive updates about new stories in the industry.