Posts Tagged ‘Standard & Poor’s’

Publisher hell (not mine)

I am thankful to Bloomsbury for many reasons, but I never thought I’d have to count “not censoring my book” as one of them. Econoblogger Barry Ritholtz’ account of his editing experience at McGraw-Hill on his (hopefully still) forthcoming book Bailout Nation offers a chilling view of how it coulda gone. Ritholtz’ readers know him to be a sharp and scrupulous commentator who footnotes his sources and fudges nothing. In the view of McGraw-Hill corporate — parent company of ratings agency Standard & Poor’s, which comes in for a hardly revelatory drubbing in Ritholtz’ book — he is an out-of-control diva who will not submit to the editorial process. Ritholtz reports on his blog that his editor, before being laid off last year, warned the author to handle his S&P passages “delicately and diplomatically.” Ritholtz didn’t, and I don’t — luckily I still have a publisher.