Amazon.com: Dear Money (9780151011650): Martha McPhee: Books
Dear Money and over one million other books are available for Amazon Kindle. Learn more

Buy New

or
Sign in to turn on 1-Click ordering.
or
Amazon Prime Free Trial required. Sign up when you check out. Learn More
Buy Used
Used - Very Good See details
$3.64 & eligible for FREE Super Saver Shipping on orders over $25. Details

or
Sign in to turn on 1-Click ordering.
 
   
Kindle Edition
 
   
More Buying Choices
Have one to sell? Sell yours here
Dear Money
 
 
Start reading Dear Money on your Kindle in under a minute.

Don't have a Kindle? Get your Kindle here, or download a FREE Kindle Reading App.

Dear Money [Hardcover]

Martha McPhee (Author)
4.1 out of 5 stars  See all reviews (26 customer reviews)

List Price: $25.00
Price: $19.00 & eligible for FREE Super Saver Shipping on orders over $25. Details
You Save: $6.00 (24%)
o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o
In Stock.
Ships from and sold by Amazon.com. Gift-wrap available.
Only 4 left in stock--order soon (more on the way).
Want it delivered Tuesday, February 28? Choose One-Day Shipping at checkout. Details

Formats

Amazon Price New from Used from
Kindle Edition $1.41  
Hardcover, Bargain Price $8.66  
Hardcover, June 3, 2010 $19.00  
Paperback $1.48  
Preloaded Digital Audio Player, Unabridged $64.99  
Audible Audio Edition, Unabridged $19.95 or Free with Audible 30-day free trial

Book Description

June 3, 2010
With a light-handed irony that is by turns as measured as Claire Messud's and as biting as Tom Wolfe's, Martha McPhee, National Book Award finalist, tells the classic American story of people reinventing themselves, unaware of the price they must pay for their transformation.

India Palmer, living the cash-strapped existence of a novelist, is visiting wealthy friends in Maine when a yellow biplane swoops down from the clear blue sky to bring a stranger into her life, one who will change everything. The stranger is Win Johns, a swaggering and intellectually bored trader of mortgage-backed securities. Charmed by India's intelligence, humor, and inquisitive nature, and aware of her near-desperate financial situation, Johns poses a proposition: ''Give me eighteen months and I'll make you a world-class bond trader.'' Shedding her artist's life with surprising ease, India embarks on a raucous ride to the top of the income chain, leveraging herself with crumbling real estate, and she never once looks back--or does she?
--This text refers to the Audio CD edition.

Frequently Bought Together

Customers buy this book with 31 Bond Street $25.99

Dear Money + 31 Bond Street
  • This item: Dear Money

    In Stock.
    Ships from and sold by Amazon.com.
    Eligible for FREE Super Saver Shipping on orders over $25. Details

  • 31 Bond Street

    In Stock.
    Ships from and sold by Amazon.com.
    This item ships for FREE with Super Saver Shipping. Details


Customers Who Bought This Item Also Bought


Editorial Reviews

Amazon.com Review

Product Description
In this Pygmalion tale of a novelist turned bond trader, Martha McPhee brings to life the greed and riotous wealth of New York during the heady days of the second gilded age. India Palmer, living the cash-strapped existence of the writer, is visiting wealthy friends in Maine when a yellow biplane swoops down from the clear blue sky to bring a stranger into her life, one who will change everything.The stranger is Win Johns, a swaggering and intellectually bored trader of mortgage-backed securities. Charmed by India's intelligence, humor, and inquisitive nature and aware of her near-desperate financial situation Win poses a proposition: Give me eighteen months and I'll make you a world-class bond trader. Shedding her artist's life with surprising ease, India embarks on a raucous ride to the top of the income chain, leveraging herself with crumbling real estate, never once looking back...Or does she?

With a light-handed irony that is by turns as measured as Claire Messud's and as biting as Tom Wolfe's, Martha McPhee tells the classic American story of people reinventing themselves, unaware of the price they must pay for their transformation.



Amazon Exclusive: A Letter from Martha McPhee, Author of Dear Money

Dear Amazon Readers,

I began thinking about Dear Money in 2004. Everyone, all over America, was buying a home, it seemed. People with money, without money, strawberry pickers and billionaires. Loans were easy to come by, and none of it made any sense. I met a bond trader of mortgage-backed securities and I was curious, wanted to get to the bottom of what this was all about, asked him a thousand questions. With all of a trader’s bravado and swagger he propositioned me, keen on my interest: "You give me eighteen months, I’ll turn you into a world-class bond trader." I loved the notion. He was at a huge Wall Street firm, a little bored by simply making so much money. He wanted a new challenge. For me, the idea of changing careers, making gobs of money, struck a chord and I chose to explore it through fiction. Why? What was all the nonsense? How could it be that all these people with no money could buy homes? I also wanted a home of my own.

Around this time, a house in Maine that my husband and I loved--the one pictured here--was up for sale. We'd rented it in the summer for many years. It was in falling-down condition, wind blowing right through its walls, and the asking price was over a million dollars. Even in that time of national irresponsibility we knew we couldn't ever get a mortgage for it. So I took that house, my desire for it--with its breathtaking view of the cold Atlantic and the little islands floating just offshore, the dunes and the sweet peas and the finches and the seals, the clap of waves on the shore--and wove it into the novel that was turning around in my mind until the house became mine. The story: cash-strapped novelist transformed by Wall Street tycoon into fabulously successful securities trader. Now, with all the money in the world, what would she do with the falling-to-pieces summer cottage? What would this transformation make of her? And in this world thick with money, where does the artist stand?

Martha McPhee

(Photo © Pryde Brown Photographs)




From Bookmarks Magazine

McPhee was offered training as a real-life bond trader--perhaps the inspiration for Dear Money--but she stuck with fiction. Critics, however, were divided on her latest novel. Most enjoyed the first half, which describes the jaw-dropping cost of raising a family in 21st-century Manhattan. But the second half, with its pedantic detailing of the financial world, proved to be much less entertaining. Several critics were also bothered by secondary characters who were unnaturally good natured (the Washington Post described India's daughters as "the least demanding children in the history of civilization"). Despite these flaws, most reviewers found Dear Money to be a worth a shot, calling it a "playful, witty, couldn't-be-more-timely morality tale" (San Francisco Chronicle).

Product Details

  • Hardcover: 352 pages
  • Publisher: Houghton Mifflin Harcourt Trade; 1 edition (June 3, 2010)
  • Language: English
  • ISBN-10: 0151011656
  • ISBN-13: 978-0151011650
  • Product Dimensions: 8.4 x 6.1 x 1.1 inches
  • Shipping Weight: 1 pounds (View shipping rates and policies)
  • Average Customer Review: 4.1 out of 5 stars  See all reviews (26 customer reviews)
  • Amazon Best Sellers Rank: #965,391 in Books (See Top 100 in Books)

More About the Author

A few years ago, when a legendary bond trader claimed he could transform Martha McPhee into a booming Wall Street success, she toyed with the notion -- but wrote Dear Money instead. McPhee has been honored with fellowships from the National Endowment of the Arts and The John Simon Guggenheim Memorial Foundation. In 2002 she was nominated for a National Book Award. Her essays and reviews have appeared in numerous magazines and newspapers including The New York Times, The Chicago Tribune, The Newark Star Ledger, Vogue, More, Harper's Bazaar, Self, Traveler, Travel & Leisure, among many others. She lives in New York City with her children and husband, the poet and writer Mark Svenvold.

 

Customer Reviews

26 Reviews
5 star:
 (14)
4 star:
 (5)
3 star:
 (4)
2 star:
 (2)
1 star:
 (1)
 
 
 
 
 
Average Customer Review
4.1 out of 5 stars (26 customer reviews)
 
 
 
 
Share your thoughts with other customers:
Most Helpful Customer Reviews

7 of 8 people found the following review helpful:
5.0 out of 5 stars The literary lottery where art meets commerce, May 3, 2010
This review is from: Dear Money (Hardcover)
Customer review from the Amazon Vine™ Program (What's this?)
Martha McPhee is the real deal. Her novel is engrossing, intelligent, playful, and timely. And it would be a shame if it did not get the high readership it deserves.

In this Pygmalion tale of novelist turned bond trader, India Palmer is -- well, very much like the author herself. She's a critically acclaimed writer of four books and has just completed her fifth. She and her husband -- a gifted but not-so-rich sculptor -- are close friends with a wealthy couple who live luxuriously in NYC's tony Tribeca area. In India's attempt to "keep up with the Joneses", she discovers that "one goes broke in a thousand small ways: birthday presents, house presents; ballet classes; lessons in general; theater subscriptions...dinners out..."

When a friend of her affluent friends -- a rakish financier -- propositions her with the promise that in eighteen months, he'll make her a world-class bond trader, she jumps. She realizes that she cannot "make her way in a banker's world on a writer's budget" and so she turns her back on the world of serious art and embraces the adrenalin-pumping world of the trade.

Ms. McPhee writes: "I had wanted to see if it was possible to change the course of my life. In a way, I had wanted to confirm, be erased, be reborn to live the American dream..." The transformation is fascinating and if the book focused on just THAT, it would have needed little more.

But the author goes further. Dear Money provides fascinating inside glimpses on how the publishing "instant celebrity" culture ensures that an "It Writer" -- a total newbee -- can rise to the top faster than an author with a solid track record. It reveals a fascinating analogy between traders and publishers: "Take a bunch of aspiring writers earning nothing (subprime mortgages), pool them, put them in a nifty package with bells and whistles, offer it up for trade and make money...loads and loads of it."

Can writers or traders afford to compromise? What would compromise "feel" like? Ms. McPhee writes, "To leave now, to scale back, to compromise would be to live within a shadow of regret, of second-guessing, of exile." This timely American story of our culture on the brink kept me reading way into the night and in a strange way, cheering for India Palmer. Read it and enjoy!
Help other customers find the most helpful reviews 
Was this review helpful to you? Yes No


9 of 11 people found the following review helpful:
3.0 out of 5 stars MONEY ( IS ALL THAT) MATTERS, June 4, 2010
This review is from: Dear Money (Hardcover)
Can a literary novelist become a successful bond trader? Maybe she can, if all she truly cares about is money.

I found the character of India to be awfully dull- she is a somewhat successful ( if not financially successful) literary novelist who, though claiming to want the life of an artist, barely takes a look back when she abandons her writing career in order to allow herself to be the pawn in a bet. Her most defining characteristic is jealousy of anyone wealthier than her. But then money is the only thing that really has meaning in this book- success that does not equal wealth is unimportant to every single character.

It got tiresome reading about character after character motivated only by money ( and the power and real estate that come with it). All emotions come from money or lack of it , all friendships are predicated on money, India's home and parenting life revolve around what material possessions can be provided rather than emotional security...even India's husband's art is created with precious metals and jewels. Money money money. There are no convincing personal relationships in this novel- maybe that could have been rectified by portraying India's children and husband as more than drains on her bank account, or including just one friendship that is not affected by jealousy over money.
Or is she just that shallow? The novel is obsessive about money as India herself is- nothing else matters.

This is a very symmetrically plotted book- one person goes up, another must go down. If one banker becomes a writer, a writer becomes a banker. If one author has a successful book, another's must fail. It's very tidy,and becomes predictable. There is some very good writing in this book , though on too many occasions the story grinds to a halt so the reader can be lectured on some element of finance that could have been worked in more organically.

Despite the often good writing, the emphasis on money at the expense of all else made this seem a much longer novel than it is.
Help other customers find the most helpful reviews 
Was this review helpful to you? Yes No


3 of 3 people found the following review helpful:
3.0 out of 5 stars An Interesting Angle on the Financial Crisis, July 30, 2010
This review is from: Dear Money (Hardcover)
Customer review from the Amazon Vine™ Program (What's this?)
India Palmer is a mildly successful writer married to another artist living in New York City in the early 2000s. They have two children and are barely getting by financially--they have to keep up with the Joneses, who in this instance are her banking friends, the Chapmans. The Chapmans introduce her to Win, a bond trader who offers her a job at his firm. He secretly bets with a colleague that he can transform India into a successful bond trader. India is competitive, competitive in everything. She is jealous of, and competitive with, the Chapmans, of her daughters classmates parents, of other authors. She is completely caught up in the expensive New York City whirlwind and as a writer, is completely clueless about the work-a-day world. It takes her a while to realize that schmoozing and being liked are important parts of any job and not just the publishing world. She is proud when she figures out some very basic office politics. So, she's a bit of an annoying and unsympathetic protagonist. Ms. McPhee clearly did some research on the mortgage bond market and some of the roots of the financial crisis, but the financial explications in the novel are a bit dry (they are, however, mostly brief). McPhee writes beautifully. Her writing can be piercing, lasering in clearly on the day-to-day material matters of contemporary New York. My main problem with the novel is India herself. She's not really a likeable character. She's not unlikeable, but after she reveals herself for the materialistic shallow person that she is, it was hard to care about whether or not she succeeded as a bond trader.
Help other customers find the most helpful reviews 
Was this review helpful to you? Yes No

Share your thoughts with other customers: Create your own review
 
 
 
Most Recent Customer Reviews











Only search this product's reviews



Inside This Book (learn more)
Browse Sample Pages:
Front Cover | Front Flap | First Pages | Back Flap | Back Cover | Surprise Me!
Search Inside This Book:

What Other Items Do Customers Buy After Viewing This Item?


Tags Customers Associate with This Product

 (What's this?)
Click on a tag to find related items, discussions, and people.
 

Your tags: Add your first tag
 

Customer Discussions

This product's forum
Discussion Replies Latest Post
No discussions yet

Ask questions, Share opinions, Gain insight
Start a new discussion
Topic:
First post:
Prompts for sign-in
 

Search Customer Discussions
Search all Amazon discussions
   





Look for Similar Items by Category


Look for Similar Items by Subject