The Spectacle Blog

Rational Exuberance

By on 3.7.06 | 5:52PM

After Knopf publishers paid out an estimated $8.5 million advance to former prez Bill C. for his so-called memoir, and Simon & Schuster gave away an easy $8 mil to wifey Hill for details of her life, former Fed Chair Alan Greenspan has just inked what Publishers Weekly is describing as "$8 million+ deal" to tell all. Being the only Fed Chair most of us can remember, he's bound to provide lots of hot currency.

And who's the lucky publisher this go 'round? None other than, Penguin, of formerly Penguin Putnam.

Does this news signal that Andrea Mitchell will soon retire also? And how come she didn't collect as much for her recent book?

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