Greenspan picks writer to help with memoirs

Alan Greenspan has selected a Fortune Magazine veteran, Peter Petre, to assist him on his memoirs, The New York Times reported.

The former Federal Reserve chairman was reported to be receiving $8.5 million for his memoirs.

Greenspan's literary representative, Washington, D.C. attorney Robert Barnett, was quoted as saying Monday that there were three reasons for choosing Petre, a senior editor-at large-at Fortune: His experience working on best sellers, including Gen. H. Norman Schwarzkopf's "It

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