Amazon has blog, and they’ve been at it since May. Why did it take me so long to find it? The Amazon bloggers don’t seem to link to any of the many book blogs out there very often, and that, typically, is how bloggers discover one another.
Bookfinding is a science of sorts. Ostensibly, it is a money issue: the goal is to find books for two dollars or less a piece. But there is another element to this exercise. When you walk into a Salvation Army store, or any non-bookstore that has a few shelves full of books at the back, you never know what you’ll find. It’s a real treasure hunt. Sometimes you walk out the door with arms full of books, other times you walk out with one or none. Some of the highest yield bookfinding spots that I have found so far are the Out of the Closet thrift stores that are ubiquitous in some parts of Los Angeles. Out of the Closet is a charity that raises money for AIDS, and like any charity-based thrift store it does not discriminate. Along with a vast selection of clothing, each store has a ton of housewares and furniture and a mindboggling array of random junk. Still, there’s something slightly more hip about Out of the Closet. The staff is young, helpful, and fashionable. They’ve always got good tunes on the radio, and they put together clever displays and windows. It’s only a half step away from the church basement, but that half step makes a difference. I always go straight for the shelf or two of books tucked away at the back of the store, in the dimly-lit corner behind the broken exer-cycle. Though it requires the same amount of digging, the treasures that can be found are incrementally better. At the Salvation Army, I’m pleased to find old paperback editions of classics, but at Out of the Closet, you might just as easily come upon a cult-favorite and books that are more obscurely charming. Which brings me to Monday, when I made a quick run to an Out of the Closet that I hadn’t yet raided, spent ten bucks, and walked out with eight books. Good ones, too. I’m most excited about finding a hardcover edition (though it lacks its dust jacket) of Woody Allen’s print masterpiece Without Feathers. You really can’t go wrong with a book that in its first three pages has about two dozen gems like this one: “Play idea: a character based on my father, but without quite so prominent a big toe. He is sent to the Sorbonne to study the harmonica. In the end he dies, never realizing his one dream — to sit up to his waist in gravy. (I see a brilliant second-act curtain, where two midgets come upon a severed head in a shipment of volleyballs.)” Genius! I also picked up Fraud by David Rackoff, the frequent contributor to This American Life. I usually recommend this one to fans of David Sedaris who have read all of Sedaris’ books. I also somehow remembered that Michael Lewis is the name of the author of Moneyball, and when I saw a copy of Liar’s Poker: Rising Through the Wreckage on Wall Street, his 1989 memoir about working in the cut-throat, 1980s Wall Street world, I snagged it. I also found another first book by an author I like: Michelle Huneven’s debut Round Rock. And I picked up a slick little paperback edition of a somewhat forgotten 20th century American classic, Walker Percy’s The Moviegoer. I rounded out my purchases with three classics of the Calvin & Hobbes oevre which I gleefully found sitting neatly in a row: The Calvin and Hobbes Lazy Sunday Book, Weirdos From Another Planet!, and Yukon Ho!… not a bad take for 10 bucks!
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.
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.
The Seattle Post-Intelligencer points to a small press that is “one of the most intriguing additions to the Northwest literary landscape in recent years.” Clear Cut Press in Astoria, Oregon, distinguishes itself by publishing books in “handy pocket-size editions, inspired by a popular Japanese format, and with detachable covers with arresting images,” and by splitting profits 50/50 with its authors, a cut far higher than authors can expect to get at a typical publishing house. The Post-Intelligencer calls books like Matt Briggs’ debut novel, Shoot the Buffalo worthy of more prominent presses. Clear Cut also put out a collection of essays, Orphans, early this year by Charles D’Ambrosio who frequently appears in the New Yorker.