Business Plus Announces Forthcoming Book by Former Secretary of the Treasury Henry...

Business Plus Announces Forthcoming Book by Former Secretary of the Treasury
Henry M. Paulson, Jr.

NEW YORK, March 26 /PRNewswire/ -- Business Plus, an imprint of Grand Central
Publishing (Hachette Book Group), announced today that it will publish a new
book by former Secretary of the Treasury Henry M. Paulson, Jr. It is scheduled
for publication in October 2009.

The book, which is yet-to-be titled, will be an insider's account of Paulson's
experiences as Treasury Secretary and how he dealt with the greatest financial
crisis confronting the United States -- and the world -- since the Great
Depression. A fast-paced narrative, it will include Paulson's personal
recollections of key moments and decisions. It will also include his insights
on what has happened since he left office and will add reflections on where he
feels our policies should take us in the future.

"This book will be my account of our challenges as first responders in dealing
with a once- or twice-in-100 years global credit crisis, armed with imperfect
information and limited powers," said Paulson. "My goal is to provide a
historical record to help the public and future policy makers understand how,
as market and political forces collided, we made our biggest decisions --
where we did things right and where we didn't do quite as well, and what we
learned as we held the system together with the equivalents of duct-tape and
bailing wire."

Paulson will donate his author's profits from the book to the non-profit
Homeownership Preservation Foundation, which owns and operates the Homeowner's
HOPE Hotline, 888-995-HOPE, which helps families avoid foreclosure.

Mr. Paulson was represented on the book by Robert B. Barnett of Williams &
Connolly LLP.

Jamie Raab, Executive Vice President and Publisher of Grand Central
Publishing, said, "We are proud to publish a truly historic book that will go
beyond anything else that's been reported to date. Others were mere observers;
Hank Paulson was there -- in the arena. His insights will provide a
fascinating account of how our financial system nearly collapsed and what
needed to be done in order to save our world from total economic chaos."

Rick Wolff, publisher and editor-in-chief of Business Plus, added, "There are
a number of books coming forth about the Wall Street meltdown, but Hank
Paulson was indeed the man in the middle -- right in the middle of everything.
Hank's first-person account will be absolutely essential reading for anyone
interested in this monumental economic crisis, both for readers now and for
future generations."

Henry M. Paulson, Jr. served under President George W. Bush as the 74th
Secretary of the Treasury from June 2006 until January 2009. Before coming to
Treasury, Paulson was Chairman and Chief Executive Officer of Goldman Sachs
since the firm's initial public offering in 1999. He joined Goldman Sachs
Chicago Office in 1974 and rose through the ranks holding several positions
including, Managing Partner of the firm's Chicago office, Co-head of the
firm's investment Banking Division, President and Chief Operating Officer, and
Co-Senior partner.

Prior to joining Goldman Sachs, Paulson was a member of the White House
Domestic Council, serving as Staff Assistant to the President from 1972 to
1973, and as Staff Assistant to the Assistant Secretary of Defense at the
Pentagon from 1970 to 1972.

About Business Plus/Hachette Book Group
Business Plus, an imprint of Grand Central Publishing and Hachette Book Group,
publishes books in areas such as personal finance, marketing, management,
economic trends, careers, and leadership. At the forefront of publishing new
and provocative titles, Business Plus books address issues facing today's
global business community. Bestselling Business Plus authors include Robert
Kiyosaki, Jack Welch, Michael Abrashoff, Robert I. Sutton, and Stephen Leeb.

Hachette Book Group is a leading trade publisher based in New York and a
division of Hachette Livre, the second largest publisher in the world.
Hachette Book Group's product lines include adult, illustrated, religious,
children's and audio books under the Little, Brown and Company, Little Brown
Books for Young Readers, Grand Central Publishing, FaithWords, Center Street,
Orbit, Yen Press and Hachette Book Group Digital Media imprints.

SOURCE Grand Central Publishing

Rob Nissen, Business Plus/Grand Central Publishing, +1-973-410-1234,
rob.nissen@hbgusa.com