Last week, I reported that after having gotten a book deal with Simon & Schuster imprint Touchstone, the Straight to Hell: True Tales of Deviance and Excess in the World of Investment Banking author had lost the deal since he never actually worked for Goldman Sachs.
But according to The New York Times, author John LeFevre got a new publishing deal, this time with Grove Atlantic, an independent publishing house. Plans for the book remain virtually the same; the book will be based on the Twitter account @GSElevator, a parody account that includes dark, harsh, but funny tweets supposedly overheard in the elevators at Goldman Sachs, one of the biggest investment banking firms in the world.
LeFevre, who until now had remained anonymous, received a six-figure advance from Grove Atlantic. Publishers promise the book will be strictly marketed as a work of fiction — again, because he never worked for Goldman Sachs. (He worked for Citigroup.) The book is due to be released in November.
Sounds like it’s hard to say no to this wolf of Wall Street!