According to Oscar Wilde, who had plenty of reason to think so, all history is gossip. By that definition, Liz Smith is one of America's premier historians. From Palm Beach, Fla., to Santa Barbara, Calif., via her syndicated column and New York City television show, she catalogs the follies and the triumphs of the famous, able in the wink of a cliche to make careers and unwrap reputations. Some folks can't wait to lap up her latest morsels; others think she ought to have her typewriter confiscated. "She has the power to get people to pay attention," says 60 Minutes' Mike...
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