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Friday, March 9, 2012

The darlings

View full image by Cristina Alger.  Probably the most compulsively readable fiction to come out of the Wall Street financial scandal so far, this debut novel by a former Goldman Sachs analyst offers readers plenty of schadenfreude, if only of the imaginary variety. Paul Ross, married to the daughter of billionaire investment manager Carter Darling, has lost his job. The pressure to maintain a Manhattan lifestyle trumps his unease about working for his father-in-law, and he is hired as general counsel. Two months into Carter's new post, one of his closest friends, who also runs the fund in which the firm is most heavily invested, takes a header off the Tappan Zee Bridge. Turns out the feds were closing in. Now Paul has to answer for the millions of dollars that have vanished from the fund, which turns out to have been nothing more than a Ponzi scheme. Alger knows the ins and outs of both Wall Street and an upscale NYC lifestyle, nailing all the details, from the plush, hushed atmosphere of high-end law firms to the right tennis togs for a casual weekend in the Hamptons. Delicious reading. --Booklist (Check Catalog)