Minotaur, Sep 15 2009, $24.99
The murder of wealthy hedge fund operator Charlie Kelemen has sent shock waves up and down Wall St. Especially stunned is his thirty two years old best friend Grove O’Rourke, who manages two billion dollar in accounts at Sachs, Kidder and Carnegie Investment Bank. Grove saw the homicide along with a few hundred people.
Feeling survivor guilt and wanting to pay homage to his best friend, Grove learns that Charlie’s widow Sam apparently is broke, which makes no sense since Keleman was worth a fortune. He tries to help her while avoiding the financial death by association that frequently takes down Top Producers like him. However, his efforts begin to look futile as his peers and superiors at the bank go after him with ferocity as do the outside competitors. Still Charlie refuses to walk away from the fight for survival at Sachs, Kidder and Carnegie or from learning what happened to O’Rourke’s money.
This is a well written financial thriller that digs deep into some of the voodoo fund flow of Wall St that seems relevant with all that has happened over the past few years. Overall the story line is fast-paced although the plot can slow down with the profundity of fund management as non practitioners will have to be totally focused. Still the tale is fun mostly because Grove is a likable hero swimming in toxic waters. TOP PRODUCER is an enjoyable insider thriller.