Showing posts with label financial thriller. Show all posts
Showing posts with label financial thriller. Show all posts

The Gods of Greenwich Review

The Gods of Greenwich
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There is something so inherently fascinating to me about the financial thriller genre. With everything that has transpired in the real world--this subject has almost morphed into the horror category! I love a smart and topical novel filled with deft financial maneuvering and dubiously ethical political machinations. So, I was terribly excited to jump into Norb Vonnegut's "The Gods of Greenwich." As an industry insider, Vonnegut scored big with his first endeavor "Top Producer"--an intricately plotted thriller that avoided easy and expected cliches to provide a first rate mystery. "The Gods of Greenwich" provides some of the same initial visceral thrills but, in truth, veers a little too wildly in its plotting to stand at the top of this overcrowded genre. Vonnegut's authorial template certainly seems to be early Grisham (and why not?), you know, back when he wrote lawyerly thrillers. This book is brisk and easy to read. But it also lacks a certain depth in its characterizations. As the action escalates into some rather implausible scenarios (and the finale is way over-the-top), the lack of grounded characters certainly works against the suspension of disbelief factor necessary for the final lunatic confrontations.
Telling the story of Jimmy Cusack, Vonnegut's tale of intrigue starts on a promising note. With his hedge fund business in ruins, Cusack takes a dream job with an enigmatic industry leader whose claim to fame is to never have lost money--even in the down-turned economy. Working to secure big clients, Jimmy is left out of most strategy meetings and yearns to find out his current employer's hedge fund secrets. His boss is something of a shark who seems to have ulterior motives in hiring Jimmy. But beyond that, he's also playing a dangerous game with an Icelandic bank that begins an international war which could lead to financial ruination. Amidst the volatile market, everyone struggles to stay on top! Adding to the mystery, a beautiful hit woman is crossing New York City on savage missions of her own.
There's a lot going on within Vonnegut's sparse and short chapter breaks and, as I said, this is a crisp and breezy read. But aside from Jimmy and his villainous new boss, no other character is particularly vivid. All of the women, in fact, from the assassin to the wives are either nondescript as individuals or lack real world believability. They, as do many of the peripheral characters, only exist to service the plot. The book, therefore, maintains its sense of lightness but ends up lacking the urgency and realness to make it more than just an ordinary beach read. In addition, the book's biggest revelations aren't particularly surprising and the ending is pretty darn loopy. I will probably end up remembering this book for the wrong reasons (like everything at the zoo!), unfortunately, because there are some great elements that could have focused this into a more compelling and/or challenging read. Lightweight fun that, by the end, completely misses the mark. KGHarris, 3/11.


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Naked Option Review

Naked Option
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Joe Kolman, Naked Option (Harriman House, 2007)
I don't know how it is I came to start reading this odd subgenre known as the corporate thriller. (Okay, I do-- it's all Joe Finder's fault. But I digress.) I know as much about corporate culture as I do about quantum physics, and to be honest, I find quantum physics a lot more interesting. So why is it that the corporate thrillers I read end up capturing my imagination? It's more impressive when the book in question really delves into the world it's floating atop, instead of simply using it as the backdrop for a conventional thriller plot. That's the case with Joe Kolman's Naked Option, which goes into all kinds of detail on, well, everything, from stock trading to Jewish marriage customs-- and somehow it's all utterly engrossing.Yes, I'm as confused by that statement as you are, but I guarantee you-- if you pick up Naked Option, you'll find it just as riveting as I did. I mean, come on, it's a corporate thriller blurbed by Alison Lurie. How can you go wrong?
David Ackerman is not having a good month. He lost his bank $112 million in the wake of September 11, and subsequently lost his job (and his Series 7 license). His girlfriend has moved across the country to take a job as a film critic. Not a good time to be Dave Ackerman, that's for sure. But a corporate lawyer looking for a sharp options trader gives him a break and an auditing job, trying to find out how someone on the trading floor is scamming money from the bank. He doesn't know it's happening for sure, but he strongly suspects, and Dave and his new partner, Susanna Cassuto, are the bloodhounds he sets on the trail. Can we say 'rebound relationship", kiddies? We certainly can! But there's something different about Susanna. And something very different about this scammer. Especially when, just when Dave and Susanna are on the brink of catching him, he turns up dead...
Kolman has a knack for explaining stuff and making the explanations work. I don't know how that happens, but it does. The amount that I know about stock options is nil, pretty much, but I know what one is, and the basics of trading them. So I'm not a complete amateur. And yet Kolman's explanations of the process didn't seem as if he were talking down to the reader, which is impressive. Even more impressive is that the explanatory sections of the book, which are often a pace-killer in the extreme, don't slow things down here at all. Part of the reason for this is, likely, that the book is slower-paced in general than your average thriller-- Kolman's wall street is not the adrenaline-fueled world of a Joe Finder novel. There's a mystery to be solved, that mystery gets more complex, and the book's pace matches Dave Ackerman's-- he's got no idea what he's doing in this world, save trying to make a paycheck and falling in love with Susanna Cassuto, and the book's pace matches Dave's-- hesitant and fumbling one minute, decisive (and headstrong) the next. That may sound like a criticism, It isn't meant as one. It's quite a performance on Kolman's part, and I find it impressive.
The one thing that bugged me is what I perceived as the book's attitude towards gay characters. Now, I rush to say I'm 99% sure that Kolman's take here is that the characters who dismiss the murder as a "gay crime" are buffoons, or at least well-meant folks who have their brains in the wrong place, and that Dave's sexual confusion as he gets farther into the case is meant to help us identify with him somewhat (at least, those of us who've been in that same confused state). Overall, I think the book is meant to be sympathetic, in some general sense, to its gay characters. Certainly, two of the most likable guys we meet in the book are gay. But there's still a kind of undercurrent that made me less than comfortable a time or two. And again I say, that may well have been meant-- we're supposed to be offended at the bullheaded police detective, whose aggressive dismissal of the case as a gay crime borders on the homophobic. But it just rubbed me the wrong way sporadically. Your mileage may (and I'm sure it will) vary.
That said, though, I sailed through this one in two days. It is readable, compelling, very well-plotted, and very good stuff. Recommended. ****


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Dave Ackerman, the narrator of "Naked Option", is a brilliant trader but one day, recklessly trying to one-up his firm's superstar, he goes naked on an option trade and loses $112 million in two hours. His career is over. Then he hears about an auditing job at an investment bank. He knows within minutes that something is very wrong, but he's so desperate, he takes the job. His new partner is Susanna Cassuto, an attractive young auditor he tags as a rich party girl. But on the couch with the lights off, she becomes something else - awkward and inexperienced. What is going on? Together, they discover the elegant embezzlement scheme going on: one trader is working inside with a partner outside. When somebody turns up dead, Dave and Susanna race to put the pieces together - but the bank drops the case. They're fired. Furious, Dave goes out on his own to find the killer. But the killer finds him first.

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