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THE MONEY TRAP

LOST ILLUSIONS INSIDE THE TECH BUBBLE

A sometimes bumpy but always thrilling ride on the high-finance roller coaster.

Finance whiz and hedge fund trader Sama recounts a far from ordinary stint in the C-suite.

Sama opens with a scenario worthy of a Matt Damon hero: threatened with blackmail by an unnamed bad guy, he connects with two ex-Mossad agents in downtown London who deliver the news that “there is a conspiracy to remove you from your job” and demand a cool million bucks to make it go away. Go away it does not, and Sama’s narrative is peppered with ulcer-inducing moments trying to dodge the unknown threat. There’s big money at stake: Sama is a key advisor to Japanese investor Masayoshi Son, who has $100 billion at his disposal. Sama had had sightings of Son in earlier jobs: in the mid-1990s, Son, for instance, had thrown $100 million at Yahoo, which turned in $30 billion before the tech bubble burst. Feeling undervalued at Morgan Stanley—“I should have walked away, but I didn’t,” he writes. “Nobody does; nobody walks out of the money trap”—Sama gladly went to work for Son, only to discover that megazillionaires can be odd ducks with idées fixes that don’t always pay off in reality. In Son’s case, he was smitten by Adam Neumann’s WeWork, which, on paper at least, aligned with Son’s own mantra, “My goal is happiness for everyone. Nobody should be sad. I want technology to make people happy.” Son’s seed money certainly made many a tech startup happy, especially in the ride-share space, although many ventures failed to come through. With billions of dollars swirling around his narrative, Sama is a helpful interpreter of how such things as derivatives and Amazon's “consumer value proposition” work—or don’t. Throughout, he is an engagingly funny, self-aware, and often rueful narrator.

A sometimes bumpy but always thrilling ride on the high-finance roller coaster.

Pub Date: Sept. 17, 2024

ISBN: 9781250332844

Page Count: 304

Publisher: St. Martin's

Review Posted Online: June 28, 2024

Kirkus Reviews Issue: Aug. 1, 2024

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  • New York Times Bestseller

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TANQUERAY

A blissfully vicarious, heartfelt glimpse into the life of a Manhattan burlesque dancer.

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  • New York Times Bestseller

A former New York City dancer reflects on her zesty heyday in the 1970s.

Discovered on a Manhattan street in 2020 and introduced on Stanton’s Humans of New York Instagram page, Johnson, then 76, shares her dynamic history as a “fiercely independent” Black burlesque dancer who used the stage name Tanqueray and became a celebrated fixture in midtown adult theaters. “I was the only black girl making white girl money,” she boasts, telling a vibrant story about sex and struggle in a bygone era. Frank and unapologetic, Johnson vividly captures aspects of her former life as a stage seductress shimmying to blues tracks during 18-minute sets or sewing lingerie for plus-sized dancers. Though her work was far from the Broadway shows she dreamed about, it eventually became all about the nightly hustle to simply survive. Her anecdotes are humorous, heartfelt, and supremely captivating, recounted with the passion of a true survivor and the acerbic wit of a weathered, street-wise New Yorker. She shares stories of growing up in an abusive household in Albany in the 1940s, a teenage pregnancy, and prison time for robbery as nonchalantly as she recalls selling rhinestone G-strings to prostitutes to make them sparkle in the headlights of passing cars. Complemented by an array of revealing personal photographs, the narrative alternates between heartfelt nostalgia about the seedier side of Manhattan’s go-go scene and funny quips about her unconventional stage performances. Encounters with a variety of hardworking dancers, drag queens, and pimps, plus an account of the complexities of a first love with a drug-addled hustler, fill out the memoir with personality and candor. With a narrative assist from Stanton, the result is a consistently titillating and often moving story of human struggle as well as an insider glimpse into the days when Times Square was considered the Big Apple’s gloriously unpolished underbelly. The book also includes Yee’s lush watercolor illustrations.

A blissfully vicarious, heartfelt glimpse into the life of a Manhattan burlesque dancer.

Pub Date: July 12, 2022

ISBN: 978-1-250-27827-2

Page Count: 192

Publisher: St. Martin's

Review Posted Online: July 27, 2022

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WAR

An engrossing and ominous chronicle, told by a master of the form.

Documenting perilous times.

In his most recent behind-the-scenes account of political power and how it is wielded, Woodward synthesizes several narrative strands, from the Jan. 6, 2021, insurrection and Hamas’ Oct. 7, 2023, attack on Israel to the 2024 presidential campaign. Woodward’s clear, gripping storytelling benefits from his legendary access to prominent figures and a structure of propulsive chapters. The run-up to Russia’s invasion of Ukraine is tense (if occasionally repetitive), as a cast of geopolitical insiders try to divine Vladimir Putin’s intent: “Doubt among allies, the public and among Ukrainians meant valuable time and space for Putin to maneuver.” Against this backdrop, U.S. Sen. Lindsey Graham implores Donald Trump to run again, notwithstanding the former president’s denial of his 2020 defeat. This provides unwelcome distraction for President Biden, portrayed as a thoughtful, compassionate lifetime politico who could not outrace time, as demonstrated in the June 2024 debate. Throughout, Trump’s prevarications and his supporters’ cynicism provide an unsettling counterpoint to warnings provided by everyone from former Joint Chief of Staff Mark Milley to Vice President Kamala Harris, who calls a second Trump term a likely “death knell for American democracy.” The author’s ambitious scope shows him at the top of his capabilities. He concludes with these unsettling words: “Based on my reporting, Trump’s language and conduct has at times presented risks to national security—both during his presidency and afterward.”

An engrossing and ominous chronicle, told by a master of the form.

Pub Date: Oct. 15, 2024

ISBN: 9781668052273

Page Count: 448

Publisher: Simon & Schuster

Review Posted Online: Oct. 15, 2024

Kirkus Reviews Issue: Dec. 15, 2024

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