Saturday, June 15, 2024

Eight top books about New York City fraudsters

Cally Fiedorek is the winner of a Pushcart Prize and an Emerging Writer Fellowship from the Center for Fiction. She lives in New York City.

Her new novel is Atta Boy.

At Electric Lit Fiedorek tagged eight
great books, including one play, that cut to the complicated heart of fraud and white-collar criminality, unflinching in how they examine human greed while evading facile definitions of good and evil, and keenly attuned to how razor-thin the defining line can be—between spin and lies, between corner-cutting and malfeasance, between good old-fashioned entrepreneurship and dangerous hucksterism.
One title on the list:
The Darlings by Cristina Alger

This tightly plotted debut follows the spectacular fall of the family-owned Delphic financial firm over Thanksgiving weekend, 2008, after one of its principal partners commits suicide. The event has grave implications for the Darling family, patriarch Carter, daughter Merrill, and Merrill’s husband, Paul Ross, a lawyer who’s increasingly concerned the family wealth he’s married into is founded on a smoke-and-mirrors Ponzi scheme. Upon its release, in 2011, The Darlings was one of the first novels to address the financial crisis head-on. A page-turner, for sure, but there’s a nicely metafictional element to the proceedings, too; Alger seems particularly sensitive to how high finance, like literature, is essentially a form of fantasy, an imaginative world beyond the nuts and bolts of the economy, where financiers and lawyers can bend reality itself to their rhetorical whims.
Read about the other entries on the list.

The Darlings is among Joseph Finder's seven top books about dysfunctional rich families.

--Marshal Zeringue