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08/25/2003 Archived Entry: "A Business Proposal"

HOW HILLARY CLINTON INCREASED UNEMPLOYMENT: NY Press argues that Hillary Clinton's Living History has directly cost 75 people their jobs. How did it happen? The ludicrious $8 million advance that Clinton received from Simon & Schuster.

The layoffs were announced in a memo emailed to all staff on July 21, exactly six weeks after the June 9 publication date of Living History, when Simon & Schuster likely cut Sen. Clinton a check for the remainder of the gigantic advance. Sixty of the people axed were employed stateside. New York staffers who’d been let go were clearing the last of their personal belongings out of offices when the memo hit and were saying their good-byes when the press was getting wind of the news.

If you read on, Margaret Menge explains how one -- the advance -- lead to the other -- the layoffs. I'm not blaming Clinton for those job losses. Heck, if Simon & Schuster offered me an $8 million advance I'd take it.

Read on.