“Under a black cloud, the prison. And within the prison, a bright rebel. The walls were extremely high, and although this was not possible, they appeared to lean inward yet also to bulge outward, and they were topped with a luminous frosting of broken glass.” This, of course, is an excerpt from Marlon Brando’s posthumous (and swash-buckling) novel Fan-Tan. If you really want to get into it, the rest of the excerpt is here, mateys.
It can only be with mixed feelings that we reiterate what you’ve probably already heard: David Foster Wallace was indeed well into a new novel at the time of his death last fall. At The New Yorker, D.T. Max’s long fact piece (accompanied by an excerpt) reports that the novel was to be called The Pale King and concerned the I.R.S., as we had speculated last year. “Good People,” which appeared in The New Yorker, and “The Compliance Branch” (whose publication in Harper’s triggered those speculations) were both parts of the novel-in-progress.The Howling Fantods (the preeminent website for Wallace readers) lists a couple of other fragments that may or may not have been linked to this longer work. Of the uncollected Wallace fiction I’ve read, “Three fragments from a longer thing” and especially the “Peoria” pieces from TriQuarterly (which I don’t think anyone has connected to the longer manuscript) strike me as remarkable, and thematically of a piece. That the “Three fragments” are no longer available online suggests they are part of the incomplete Pale King manuscript, which Little, Brown will publish next year. The resulting book will probably be more like The Arcades Project than 2666 – a blueprint, rather than a raised edifice. The fact that Wallace was already reading and publishing from it may allay some of the queasiness associated with posthumous publication. Still, as of this writing, that seems at best a complicated kind form consolation.See also: David Foster Wallace 1962 – 2008
As we adjust to new economic realities, Michael Lewis is emerging as the financial meltdown’s most important voice. His Portfolio piece “The End” told us how we got here but it also illuminated his own failure, in the 1980s, to get the point across with his book Liar’s Poker. Meant to be a cautionary tale, it became instead an inspiration.But Lewis appears unwilling to let “The End” be his final, confessional comment on the matter. This weekend, as a new year and new administration are gearing up, Lewis has delivered another far more aggressive piece, this time in the New York Times (Part 1, Part 2). In it, he calls out, more strenuously than before, the fraud, incompetence, and willful ignorance behind the financial crisis and makes it clear that this fall’s efforts to resolve it were flawed at best. He also makes several direct, clear-eyed proposals to set things back on the right course. One hopes Obama is watching. One also notices that Lewis, in these pieces, is no longer acting as a journalist or even a columnist. He has thrust himself into the center of this issue, as if looking to finish what he tried to accomplish more than 20 years ago.But Lewis has grown up too. Liar’s Poker didn’t wake up the world to Wall Street’s ills because its tone was too glib and too incredulous. We were meant to marvel at the goings on at Solomon Brothers just as the young Lewis had. That tone is gone now, and Lewis has returned to the task with a fierce seriousness. Whether or not you agree with everything that Lewis is writing in these pieces, his tone, backed up by his more than 30 years of writing about Wall Street, will give even the most optimistic observers pause.Interestingly, Lewis’ co-author for the two New York Times pieces is David Einhorn, a hedge fund manager who doesn’t exactly have a pristine reputation. Einhorn heads up Greenlight Capital, which racked up average annualized returns of 25.5% from May 1996 through mid-2008, according to New York Times, though his funds, like many on Wall Street, have struggled since. He’s also a serious poker player. In 2006, he placed 18th in the World Series of Poker’s main event, winning more than $650 thousand that he donated to charity.Einhorn made headlines this year for his very vocal bearish stance on now defunct investment bank Lehman Brothers. Einhorn eventually went public with discrepancies that he and his analysts had found in Lehman’s numbers. Believed to be short (i.e. placing bets that the stock would go down) Lehman and other financial names, Einhorn was excoriated in a war of words on Wall Street as regulators targeted short selling among financial stocks. Lewis and Einhorn make it clear where they stand on that issue, calling short sellers, “the only market players who have a financial incentive to expose fraud and abuse.”After much confusion as the crisis played out in 2008, it may be that we are seeing whistle-blowers like Lewis and Einhorn emerge from the mess to take control of the discussion. In time we will see if they have the ear anyone in power.
Last time I was at the book store I noticed an interesting cultural history sort of book called Rats: Observations on the History and Habitat of the City’s Most Unwanted Inhabitants. The “city” is, of course, New York City and the book uses rats as a vehicle to explore the New York’s intricacies and tribulations. The author of the book, Robert Sullivan, is known for his quirky, narrative-based non-fictions, The Meadowlands and A Whale Hunt. If you’re into the whole rat thing check out this Newsday journalist’s account of an evening spent “ratting” with Sullivan. From rats to elephants: during my daily travels the other day I caught an interview with the author of an interesting-sounding book on one of the local public radio shows. Hiding the Elephant: How Magicians Invented the Impossible and Learned to Disappear is a history of the magic act written by a master magician, Jim Steinmeyer. The book describes the origins of tricks that have become magic cliches, like sawing a lady in half. He also seeks to describe the interesting blend of mystery, showmanship, and hucksterism that embodied the turn of the century magic show. Finally, I mentioned the other day the centennial of the birth of Dr. Suess. It turns out that there is a sturdy coffee table book to commemorate this event. It displays his life and work and bears the somewhat dubious title: The Seuss, the Whole Seuss and Nothing But the Seuss.
Los Angeles-based readers are invited to attend Rhapsodomancy on Sunday night, a reading series at the Good Luck Bar in Los Feliz. I will be reading, along with poets Jericho Brown and Ching-In Chen, and comic book and prose writer Sina Grace.Here are the other details:Sunday, April 19, 2009Doors open at 7:00 – Reading begins at 7:30pmThe Good Luck Bar, 1514 Hillhurst Ave., Los Angeles, 9002721 and over only $3 suggested donation at doorThere will be a cash barYou can RSVP at [email protected] (not required, but appreciated). I hope to see you there!
I stepped into a book store in the old city of Barcelona. It was spacious and well lit with dark wood shelves and floors. Many langauges were well represented including a wide selection of English language books. It is very easy to take a shot at American bookstores when comparing them to bookstores overseas, and it’s really remarkable to see the difference in person. I sometimes wonder what it would be like to be an expat, estranged from my country, but sometimes yearning for contact. I think I would spend a lot of time in a bookstore like that and it would fill the void for me. With the jet lag and all that, I was having trouble diving into another book. I guess I needed a change of pace to reflect the change of scenery, so I fished into the bag of books I brought with me and came up with this beauty: Jimmy Corrigan: The Smartest Kid on Earth by Chris Ware. I have always been drawn to certain of the visual story telling forms: typically not so much the action hero stuff, but certain “graphic novels” have caught my attention. I also like to flip through a collection of “newspaper funnies” from time to time, Calvin and Hobbes, for example, is always a delight. Rarely, however, have I encountered a book that transcends the genre like Jimmy Corrigan. This book has already received a chorus of praise and numerous awards. In a lot of cases, in fact, no one had ever considered that a graphic novel might be eligible to win certain of the awards, but this one was just too good to be ignored. I have been on a good stretch with books lately; I haven’t been disappointed in while, but my next book is a bit riskier: The Lonely Hearts Club by Raul Nunez… I’ll let you know how it goes…I’m off to Ireland tomorrow, and there might not be internet there, but I will try my best; if not, we’ll catch up when I get back to the states.
The plight of the literary magazine and the demise of the short story are often bemoaned here in the US, but compared to the state of things in Britain, America is paradise for short story writers and readers. So says a recent essay in the Guardian, which hopes that a newly announced short story prize – worth 15,000 pounds, the world’s richest – will ignite a passion for short fiction in that part of the world. According to Aida Edemariam, who penned the essay, in Britain, size matters: The British attitude to the short story – that it is somehow lesser, a practice space for the real thing, which is, of course, the novel; that you can perhaps start out writing a collection of stories, but you have somehow failed if you don’t graduate to a minimum of 200 pages – has always baffled me. I cannot comprehend the underlying assumption that a particular kind of stamina is somehow better, of more value. It’s like privileging the marathon, or the 1,500m, over the 100m.After citing several examples of the form, Edemariam goes on to write: “I know these are North American examples, but it is there where, as (Dave) Eggers points out in his introduction to The Best of McSweeney’s Volume I, there ‘are probably over a hundred high-quality literary journals,’ that the short story is truly alive; disdain for the form is a British phenomenon.”Who knew we had it so good?