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Moral Hazard

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eBook details

  • Title: Moral Hazard
  • Author : Kate Jennings
  • Release Date : January 23, 2015
  • Genre: Fiction & Literature,Books,Classics,
  • Pages : * pages
  • Size : 1665 KB

Description

I disapproved of bankers, on principle. Not that I knew any. Until this job, I had worked and made friends with people who shared my views. Mostly moral, mostly kind.

An unlikely candidate, then, for the job of executive speechwriter, to be putting words in the mouths of plutocrats deeply suspicious of metaphors and words of more than two syllables. An unlikely candidate, too, to be working for a firm…whose ethic was borrowed in equal parts from the Marines, the CIA, and Las Vegas. A firm where women were about as welcome as fleas in a sleeping bag.

Wall Street in the mid-1990s: the recession is over and finance companies are gearing up for the next boom. Cath—wisecracking Australian-born ‘bedrock feminist, unreconstructed left-winger’—has given up freelance writing for corporate life at one of the big investment banks. Her husband, Bailey, has Alzheimer’s, and they need serious money.

For seven years Cath lives in two worlds, both of them mad. By day she grapples with the twisted logic and outsized egos of high finance. By night she witnesses the inexorable decline of the man she loves as, ravaged by disease, he is 'reduced to a nub’.

Wise, unsentimental and darkly funny, Kate Jennings' Moral Hazard is a crisp accounting of looming meltdowns—financial and personal.

Kate Jennings was a poet, essayist, short-story writer and novelist. Both her novels, Snake and Moral Hazard, were New York Times Notable Books of the Year, and she won the ALS Gold Medal, the Christina Stead Prize for Fiction and the Adelaide Festival fiction prize. She died in 2021.

'A work of considerable formal beauty.' Age

'Written in spare and starkly honest prose, this novel foreshadows the recent accounting scandals at Enron, World-Com and other companies, and shows that even in the midst of corruption and tragedy, individuals can stick to their beliefs.' Wall Street Journal


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