Book on Twitter feed about Goldman Sachs canceled

Published on NewsOK Modified: March 6, 2014 at 4:32 pm •  Published: March 6, 2014
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NEW YORK (AP) — Publication has been canceled for a planned book based on a popular and anonymous Twitter feed about Goldman Sachs and the financial industry.

Touchstone, an imprint of Simon & Schuster, announced Thursday it would not release John Lefevre's "Straight to Hell: True Tales of Deviance and Excess in the World of Investment Banking," which had been scheduled to come out in October.

"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."

Touchstone spokesman Brian Belfiglio said the publisher would have no further comment.

The Twitter feed, @GSElevator, had hundreds of thousands of followers and purported to offer an inside and irreverent take on the financial giant. But just weeks after Touchstone announced in January that it had reached a deal with the feed's purported author, The New York Times revealed his identity as John Lefevre, a former bond executive who was based in Texas and had never worked for Goldman Sachs, despite earlier public comments that he did.

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