You wouldn’t expect anything less from a company as ruthless as Goldman Sachs. The massive investment firm celebrated the death of John LeFevre’s (@GSElevator) book deal with publisher Simon and Schuster. The book was called “Straight to Hell: True Tales of Deviance and Excess in the World of Investment Banking.”
Goldman took to Twitter to piss on the grave of @GSElevator, who has seen it all fall apart in the last week after it was revealed that LeFevre never worked at Goldman Sachs.
Guess elevators go up and down, http://t.co/xkDPZgaCI8
— Goldman Sachs (@GoldmanSachs) March 6, 2014
Simon and Schuster said via statement to Business Insider, “In light of information that has recently come to our attention since acquiring John Lefevre’s STRAIGHT TO HELL, Touchstone has decided to cancel its publication of this work.”
Salt in the wound. Although, LeFevre remains optimistic in an email to BI:
“We always counted on my identity being revealed and we were confident that it would lend credibility and support to my story and vantage point. And my publisher had been vocal in supporting me after I was outed. So today it’s quite surprising to see them walk away from a contractual obligation. This doesn’t change anything for me. In the immortal words of Carl Fox, ‘money is only something you need if you don’t die tomorrow,’ Since I have been able to respond, my credibility has only increased. I have been asked to write a regular column for two of the most prestigious capital markets publications, in addition to being an on-record source regarding the new investigation into fixed income allocation practices at Goldman Sachs and other firms.”
Doesn’t look like @GSElevator is going anywhere for now.
[via Business Insider]