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FINANCIAL LITERACY: A fine jewelry showroom on the Upper East Side is a fitting place to toast a book that chronicles the 2008 financial meltdown, as Graff did for Maria Bartiromo’s “The Weekend That Changed Wall Street” on Tuesday night. While the locale wasn’t exactly the epicenter of the crash, it certainly felt its aftershocks. The CNBC anchor arrived at the Madison Avenue shop straight from the studio, and, after making the introductory rounds, sat down to sign away.
“I said to myself: ‘I have this access. I’m speaking to everybody. I know exactly what’s going on and what’s happening in the behind-the-scenes meetings. I’ve got to document it,’” Bartiromo said while on break from a stack of hardcovers and a line of well wishers. The book, which she wrote with Catherine Whitney, details the crisis using the September 2008 Lehman Bros. bankruptcy as a plot hinge. Bartiromo said the story has a definite stranger-than-fiction aspect, but the events of the weekend that preceded the filing were really extraordinary. Ever the broadcaster, she used a media analogy to make her point. “To think that Hank Paulson was saying to Goldman Sachs, ‘Will you save Lehman?’” she mused. “It’s like will ABC save NBC?”
— Matthew Lynch