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James Patterson speaks out about his aggressive “book industry bailout” ads

James Patterson is in no need of a bailout.

The author of bestsellers including "Along Came a Spider" and "Suzanne's Diary for Nicholas" currently occupies spots on four different New York Times bestseller lists with three discrete books. (Those would be "Alex Cross, Run"; "Now You See Her," written with Michael Ledwidge; and "I, Michael Bennett," written with Ledwidge also.)

Despite his success in a strain of genre fiction not often recommended in classrooms, Patterson has become, suddenly, the closest thing the publishing industry has to an ambassador. The multimillion-seller author placed an ad last weekend in the New York Times Book Review and in Publishers Weekly (depicted below) advocating for government intervention -- the same sort of bailout Goldman got -- in order to save an industry besieged by bookstore closings and consolidation of the few remaining major publishing houses.

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