Arts and Letters Daily recently linked an article from the National Journal that takes stock of an interesting development at the New York Times. In the wake of the Jayson Blair scandal and a good amount of internal and external strife about wavering journalistic standards, the Times has appointed an ombudsman, a position more commonly found at campus newspapers than at the world’s most important dailies. This ombudsman happens to be an author and journalist, Daniel Okrent, whom I admire for his baseball book Nine Innings and who was recently named a Pulitzer finalist for his book, Great Fortune: The Epic of Rockefeller Center. His columns bring an impressive amount of transparency to a very powerful newsroom, and I suggest everyone read them before Okrent’s fellow employees stage a coup and kick him out. The most recent column can be found here.
Philip Caputo’s new book Acts of Faith is being favorably compared to The Quiet American. Caputo, a Pulitzer Prize-winning journalist, has traveled extensively in Africa, and this new novel is set in Sudan. According to PW, Caputo “presents a sharply observed, sweeping portrait, capturing the incestuous world of the aid groups, Sudan’s multiethnic mix and the decayed milieu of Kenyan society.” Though the novel has a timely, flashy, “ripped from the headlines” sound to it, Kakutani called it “devastating” before comparing it to the work of Robert Stone, V.S. Naipaul and Joan Didion. Scott noted Kakutani’s “heady praise” a couple of weeks ago. And here’s an excerpt from the book (which weighs in at 688 pages, by the way. Whoa!)Charles Chadwick wrote recently about being a first time novelist at the age of 72 (scroll down): “A first novel of 300,000 words by a 72-year-old sounds like someone trying to be funny. Acceptance by Faber and then by Harper Collins in the US – the recognition that all along one had been some good at it – took a lot of getting used to. Still does.” The book, It’s All Right Now, which also weighs in at 688 pages, oddly enough (not exactly light Summer reading, these books), was panned by Nick Greenslade in The Guardian. Greenslade suggests that its publishers were more enamored by the idea of a 72-year-old debut novelist than by the book itself. I’m curious to see what US reviewers say because the book doesn’t sound all that bad to me.As I recall, Jonathan Coe’s 2002 novel, The Rotters’ Club, was well-received by my coworkers and customers at the bookstore. A sequel, The Closed Circle, comes out soon. Here’s a positive review from The Independent and an excerpt. These are good times for Coe. His recently released biography of British writer B.S. Johnson, Like a Fiery Elephant has been shortlisted for the $56,000 Samuel Johnson Prize.
After spending a lot of time over the last week discussing Borders’ new strategy to display more books face out (and thereby reduce the number of books a typical store carries), it turns out that the whole discussion may have been moot. The struggling chain had a need for more money to “remodel stores and pay for new technology,” but, thanks to the rocky climate on Wall Street, Borders was initially unable to find a willing lender. Translation: without an infusion of cash, Borders was going to run out of money.This left CEO George Jones with few options. Pershing Square, a hedge fund with investments in many large retailers and Border’s largest shareholder, has agreed to “lend $42.5 million and to make an offer for some of [Borders’] international chains,” according to Bloomberg. The loan comes with a huge interest rate and comes with various provisions that give the fund ever larger control over the book chain’s fate. Borders has also said that it is now seeking a buyer and the company has suspended its dividend. This deal is something of a last resort for Borders, and the stock plunged nearly 30% on Friday, the biggest drop in the company’s history.So what does this mean to Borders customers and employees? It’s still too early to know. the deal with Pershing staves off the possibility of Borders running out of money in the near future, and offers a life raft for the chain to get through the challenges brought on by the slowing economy. The path forward is tenuous at best; expect more developments in the coming months.
The people behind the JT Leroy* scam (our other literary scam), must be happy about the breathing room that the James Frey saga has given them. But is that it? They were called out by the press, but does it end there? As far as I know (and please correct me if I’m wrong), there has been no public declaration by Savannah Knoop, Geoffrey Knoop and Laura Albert in which they come clean, apologize and promise to donate all their ill-gotten gains to charity. Frey did it; shouldn’t they?Meanwhile, adding to the list of people who are unburdening themselves of their unwilling involvement with this scam, actress Ann Magnuson, with whom I had the pleasure of discussing Leroy during my recent trip to Los Angeles, lays out her correspondence with Leroy and also discusses how the scammers demeaned the state of West Virginia.*Now that we know Leroy isn’t a real person, I suppose I should quit making his name boldface, a stylistic treatment that I usually reserve for real people.
Earlier today it was announced that Lan Samantha Chang has been named the new director of the Iowa Writers Workshop. Here’s what my friend in Iowa had to say about the choice:So, yeah, Sam Chang. The gossip had her picked since last week. The students as a whole, are somewhat disappointed. Ben Marcus was definitely the favorite among everyone…for his exciting workshop and even more exciting craft talk, if not for his reading. We all knew he wouldn’t get it though. Too much craziness, perhaps? Sam’s workshop, as I reported, was great, and it’s my hope that her leadership and fundraising skills match her teaching abilities. Since she’s a workshop grad, I don’t think much will change around here, which is both good and bad. It would’ve been nice to get some new blood around here.Lots of related links can be found at Babies are Fireproof.
Ms. Millions and I embarked upon a whirlwind trip to the East Coast this weekend for equal parts partying and wedding planning, and although Jet Blue’s inflight television distracted me from my reading, I managed to get some done, as did several other folks that I spotted in airports and on the planes. Lots of folks had their noses in the usual, low impact airport reading, but I also noticed quite a few people diverting themselves with some pretty literary fare. Off the top of my head I can remember spotting Family History by Dani Shapiro and Genius: A Mosaic of One Hundred Exemplary Creative Minds by America’s super intellectual, Harold Bloom, but there were others as well. It was good to see people getting some reading in on their way to their far flung destinations, which reminded me about an award I heard about last week that celebrates books that take place in far flung destinations. The Kiriyama Prize recognizes books “that will contribute to greater understanding of and among the peoples and nations of the Pacific Rim and South Asia” in two categories, fiction and non-fiction. Here’s their map of the Pacific Rim. The fiction finalists are Brick Lane by Monica Ali, My Life as a Fake by Peter Carey, The Great Fire by Shirley Hazzard, The Girl Who Played Go by Shan Sa, and The Guru of Love by Samrat Upadhyay: five highly regarded books from last year. It’s interesting to see an award that groups books by subject matter and setting rather than the location, nationality, or gender of the author. Here are the non-fiction finalists.