Book News: Wall Street Novels, Amazon Hypocrisy and Jane Austen

batemanas Book News: Wall Street Novels, Amazon Hypocrisy and Jane Austen

Literary Wall Street.

Wait, so novels based on Wall Street take their details from real life? Yes! (says an excited Dealbook.) A raft of new thrillers based on the Street include mention of insider trading rings, laid off Bear Stearns traders, and SAC Capital Advisors’ Steven A. Cohen:

In The Fund, a money manager is described as the owner of a Damien Hirst-designed airplane called “Gold Shark Swimming in Air.” It’s a hammer-over-head reference to an actual shark-themed Hirst piece, “The Physical Impossibility of Death in the Mind of Someone Living,” which is owned by Mr. Cohen. Cy Leeser, the crooked hedge fund manager in The Gods of Greenwich, is described as an avid art collector who keeps his trading floor cooled to 66 degrees, reminiscent of SAC Capital’s 69-degree trading floor. An SAC spokesman declined to comment.

“I don’t support the bookstores I love!” cries a blogger for Salon, lamenting the hypocrisy of purchasing all his books from Amazon. Okay.

Meanwhile, Amazon is not merely content to avoid paying online retail sales tax in California by cutting ties with its retailers there. Now they have backed a voter initiative to change the tax law.

Zimbabwean writer NoViolet Buluwayo has won the Caine Prize for African Writing for her short story “Hitting Budapest.”

And Jane Austen’s unfinished manuscript “The Watsons” is up for auction at Sotheby’s in London on Thursday.