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Hedge Fund Wives [Paperback]

Tatiana Boncompagni (Author)
3.0 out of 5 stars  See all reviews (21 customer reviews)

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Book Description

May 5, 2009

In this amazingly timely story about what the wealthy do when Wall Street lays an egg, the author of Gilding Lily once again delivers a witty and insightful treatment of today's woman, as she explores the sacrifices they make, the bargains they strike, the rules they follow, and what happens when it all starts to fall apart.

Who could have guessed that Wall Street would go south just as Marcy Emerson and her husband moved east? Down to earth Marcy relocated from Chicago to New York when her husband was offered a big time job as a hedge fund manager.

She gives up her own job—after all, hedge fund wives don't work! And while at first it's fun to shop all day and party all night, Marcy quickly learns that life among the rich can be anything but easy and that behind every smile can be a stab in the back.

Still, it's not until her husband leaves her for his thinner, blonder mistress—a woman who is higher up the social ladder than the original Mrs. Emerson will ever be—that Marcy decides to stand on her own two feet once again, and fight for the things that are far more important than money.


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Editorial Reviews

From Publishers Weekly

In this salacious, delightful tale of New York movers and shakers, Boncompagni (Gilding Lily) animates her rich, glamorous, scandalous creatures with a keen eye and irresistible energy. Newly ensconced in her life as the wife of a New York hedge fund derivatives trader, Marcy Emerson is as unimpressed with her neighbors' materialism and gossiping as she is cowed by the seeming perfection of her new female acquaintances. Nevertheless, she establishes close friendships with fellow hedge fund wives Jill and Gigi as she becomes increasingly aware of her husband's growing preoccupation with money and appearances—especially when she accepts a job in Gigi's catering business. When Marcy faces incontrovertible evidence of how far John's loyal good nature has been stretched, she realizes that for the sake of her own life she must re-evaluate her priorities. Readers fascinated by Upper East Side life will be mesmerized by Boncompagni's sparkling depiction and may have to fight the temptation to read it all in one sitting. (May)
Copyright © Reed Business Information, a division of Reed Elsevier Inc. All rights reserved.

From Booklist

When Marcy Emerson’s husband, John, is recruited for a new job on Wall Street, they pack up their home in Chicago and move to New York City. He doesn’t want her to work, so she spends her days among the city’s hedge-fund wives. These women are snobby, privileged, and stinking rich, and Marcy doesn’t fit in. John wants her to play nice, though, so she mingles. Marcy wants more than just gobs of cash and designer clothes—a job, a baby, more time with her husband; but John is progressively becoming more distant. He blames his work, but Marcy suspects something else. Is her husband straying with another hedge-fund wife, or is Marcy falling prey to the sneaky, backstabbing behaviors she’s surrounded by every day? It’s hard to feel sympathy for someone dropping $25,000 at Bergdorf Goodman, especially now at a time of financial catastrophe; but Marcy is a strong character who rises above the crowd in Boncompagni’s glitzy and gossipy second novel. --Hilary Hatton

Product Details

  • Paperback: 284 pages
  • Publisher: Avon A (May 5, 2009)
  • Language: English
  • ISBN-10: 0061765260
  • ISBN-13: 978-0061765261
  • Product Dimensions: 7.9 x 5.5 x 0.7 inches
  • Shipping Weight: 8.8 ounces (View shipping rates and policies)
  • Average Customer Review: 3.0 out of 5 stars  See all reviews (21 customer reviews)
  • Amazon Best Sellers Rank: #838,110 in Books (See Top 100 in Books)

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Customer Reviews

21 Reviews
5 star:
 (6)
4 star:
 (2)
3 star:
 (3)
2 star:
 (7)
1 star:
 (3)
 
 
 
 
 
Average Customer Review
3.0 out of 5 stars (21 customer reviews)
 
 
 
 
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13 of 14 people found the following review helpful:
2.0 out of 5 stars Sloppy, sloppy, July 4, 2009
This review is from: Hedge Fund Wives (Paperback)
How can a writer who has submitted work to the NYT, WSJ and FT cite Larry Ellison as the founder of Apple? Hedge Fund Wives was obviously written very quickly and the result is an uninformed, uninteresting read. I don't think the author really understands the lives of those she tries to portray, making the story extremely shallow and unenlightening. Her heroine belongs in AA, but we are supposed to think it's cool that she drinks so much alcohol and takes off her panties in public....twice. Yeah, I really believe she could start a successful investment firm and attract the most eligible bachelor in town. Right. Save yourself a couple of hours and skip this one. Feels like a lot was ripped off from other chick lit.
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11 of 12 people found the following review helpful:
2.0 out of 5 stars Minimal credibility (2.25 *s), June 11, 2009
This review is from: Hedge Fund Wives (Paperback)
Is it really a surprise that the ultra-rich wives of hedge-fund executives located in NYC have attained levels of arrogance, self-centeredness, haughtiness, and maliciousness unseen in normal people? For the wives, there are a few pretenses at being sociable, but the men are totally consumed with financial dealings with ruthlessness and indifference, including towards wives and families, being their most salient personality characteristics. This entire way of life is so ingrained that even major financial losses scarcely evoke the re-examination of lives and thinking that would be expected.

This is the world that Marcy Emerson has been sucked into when her husband John takes a key position with a hedge-fund. Though being an outsider at first and making a few social blunders, this wholesome mid-Western girl is quickly taken by designer clothes and furniture, fancy restaurants, expensive art, and the like. It's funny/sad to see John and Marcy undertake a hurried and pricey makeover of their apartment towards ecologically oriented furnishings all in the name of establishing a unique "identity."

The social world of financial elites, as depicted in this book, is simply too exaggerated to be credible. It is a world of an endless series of events and gatherings that are only opportunities for displays of one-upmanship. People are no more than mere objects to be used, whether it is in the world of finance or in marital shenanigans. Marcy is a bit of a sympathetic character with a few redeeming qualities. She gains legitimacy with the reader when she corrects a wife over the use of "ubiquitous" versus "oblivious" though the other woman scarcely cares. However, her establishment of a wildly successful hedge-fund after a failed marriage in the face of a broad financial collapse keeps the book on its fanciful path.

Basically, the book is not a plausible look at a segment of society that most can only imagine. Little help here in gaining any understanding.
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10 of 11 people found the following review helpful:
3.0 out of 5 stars too many typos, May 26, 2009
By 
fezabel (Chicago, IL) - See all my reviews
This review is from: Hedge Fund Wives (Paperback)
I enjoyed the idea behind this book and the story isn't bad. It's fun for a vacation or weekend read. But I found far too many typos & grammar mistakes for it to be a truly enjoyable book. It was more like reading an ARC version of the book rather than the finished product.
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