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Press releases
Press Release
Monday 24 September 2007
Naked Option
Harriman House
A Thinking Person's Wall Street Thriller
"Full of suspense, sex and surprise."
- Alison Lurie, Pulitzer-prize winning author of Foreign Affairs
"A page-turner and a slice of life - on and off the trading floor."
- Nassim Nicholas Taleb, best-selling author of The Black Swan and Fooled by Randomness
"A volatile cocktail of sex and murder that's also a remarkably realistic and humane portrayal of dealing room life."
- Patrick L. Young, author of The New Capital Market Revolution: The Winners, the Losers and the Future of Finance
Harriman House will kick off its autumn season with the publisher's first fiction title - an erotic thriller about option trading, set on Wall Street. In his debut novel, Joe Kolman pulls back the curtain on this $200 trillion market, where he spent a decade as editor of its most influential U.S. trade publication.
Kolman takes us on a guided tour of Wall Street, showing us some of the world's sharpest minds crammed literally shoulder-to-shoulder on huge investment bank trading floors, trading money along with jokes, insults and, sometimes, revenge. It's a pressure-cooker setting where sophisticated thieves can steal millions by quietly skimming a few thousand off each trade - and a successful trade made at 10am can turn into a multi-million dollar disaster by lunchtime.
Dave Ackerman, the narrator of Naked Option, is a brilliant trader but one day, recklessly trying to one-up his firm's superstar, he goes naked on an option trade and loses $112 million in two hours. His career is over. Then he hears about an auditing job at an investment bank. He knows within minutes that something is very wrong, but he's so desperate, he takes the job.
His new partner is Susanna Cassuto, an attractive young auditor he tags as a rich party girl. But on the couch with the lights off, she becomes something else - awkward and inexperienced. What is going on? Together, they discover the elegant embezzlement scheme going on: one trader is working inside with a partner outside. When somebody turns up dead, Dave and Susanna race to put the pieces together - but the bank drops the case. They're fired. Furious, Dave goes out on his own to find the killer.
But the killer finds him first.
Readers will cheer as Dave uses all his Wall Street smarts to discover the one trade in ten thousand that links the victim with the murderer. And they'll empathise with the conflict between his desire to save his career and his ruthless determination to nail the killer.
Ends
ABOUT THE AUTHOR:
Joe Kolman has been a financial writer for more than two decades. He began his career in 1983 as an associate editor at Institutional Investor magazine. In 1992, he started Derivatives Strategy, a publication that explained the nascent market in over-the-counter derivatives in plain English. The publication quickly became the leading magazine covering the U.S. derivatives market.
In 2005, he became a vice president at AllianceBernstein Investments. He has been a fellow at the MacDowell Colony, and his writing has appeared in more than a dozen financial publications.
ADDITIONAL INFORMATION:
More details can be found online at: www.harriman-house.com/nakedoption
For further information on this book or its author, please contact Helen McCusker in the PR department at Harriman House:
Tel: +44 (0)1730 233885
Email: pr@harriman-house.com
Harriman House Ltd, 3A Penns Road, Petersfield, Hampshire, GU32 2EW
