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If Ms. Albert had published these books under her own name they probably would have found their way in the discount section of Barnes and Noble weeks after their publication. Instead, she invents a larger-than-life persona and presto! 'J T LeRoy' becomes the darling of the hipster set.
IMO, the only 'tragedy' about this whole unintentionally hilarious saga is that it shows very clearly that more often than not, talent plays little to no role at all in determining who is going to be the next star of the literary world. (BTW, I use 'star' loosely as I was only vaguely familiar with LeRoy's novels prior to this expose.)