Alex Preston

Pay back time

issue 29 September 2018

‘We lived in a country that rewarded its worst people. We lived in a society where the villains were favoured to win.’ So says Seema, the 29-year-old wife of hedge-fund manager Barry Cohen in Gary Shteyngart’s fourth novel, Lake Success. The relationship between fiction and the world of high finance has a complicated history. Having largely ignored Wall Street — Tom Wolfe, Bret Easton Ellis and F. Scott Fitzgerald aside — novelists found in the crash of 2008 a galvanic moment. Suddenly bankers were everywhere, from Sebastian Faulks to John Lanchester to Anne Enright, while younger writers such as Adam Haslett and Zia Haider Rahman wrote memorable novels that made (flawed) heroes of the money-men.

Perhaps the most interesting thing about this belated encounter between fiction and finance is the relatively easy ride that bankers have been given in recent novels.

Comments

Join the debate for just $5 for 3 months

Be part of the conversation with other Spectator readers by getting your first three months for $5.

Already a subscriber? Log in