Ex-Goldman Executive Greg Smith Secures $1.5 Million Advance to Write Memoir

By

The winner of the bidding war is Grand Central, an imprint of Hatchette Book Group. A New York Post insider figured that the auction could crack a million, but the prevailing bid obviously did that and a lot more. Smith will write about his "coming-of-age" experiences that led him to publicly resign from the bank via a scathing Times op-ed. Ultimately, Smith learned that money just isn't everything. It's a good day to be Darth Vader's book agent.