Editorial Reviews. Review. " “A suspenseful story replete with the kind of offbeat research that Want to know our Editors' picks for the best books of the month? Browse Best Books of the Month, featuring our favorite new books in more than a . Philip Hensher: A book that changed me: Goodness knows why nobody took Arthur Hailey's blockbuster away from me, but it taught my. Moneychangers, The (Book): Book The Moneychangers by Arthur Hailey, revd by Peter Andrews.
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The Moneychangers book. Read reviews from the world's largest community for readers. The New York Times Number One bestseller from is back in. The Moneychangers is a novel written by Arthur Hailey. The plot revolves around the For example, one of the book's characters, Lewis D'Orsey, is a savvy investment advisor who writes a high-priced newsletter that is typewritten and. The Moneychangers [Arthur Hailey] on portal7.info *FREE* shipping I bought this book on a whim but once started i knew I would finish it. Good character.
I was only I ought to make an effort to master a grown-up writer, not idly but with concentration, following the plot and remembering who all the characters were. What I really love is a story about a group of people tied together by a joint venture, arguing, getting frustrated, forming bonds and breaking up again. Where did that passion come from? Arthur Hailey. The one I adored, and have just read again with a lot of enjoyment, was The Moneychangers. Hailey made a career with scrupulously researched dramas of workplaces, set in hotels Hotel , airports Airport and the motor industry Wheels.
One, Alex Vandervoort, is honest, hard-charging, and focused on growing FMA through retail banking and embracing emerging technology; the other, Roscoe Heyward, is suave, hypocritical, and skilled in boardroom politics, and favors catering more to business than to consumers. Heyward lives in a "rambling, three-story house in the suburb of Shaker Heights ," Cleveland, Ohio.
Senior bank teller Miles Eastin is discovered to be defrauding the bank whilst casting guilt on another teller, a young single mother named Juanita Nunez. He is dismissed, arrested, and convicted. In prison, his knowledge of counterfeiting brings him to the attention of a gang of credit card forgers, who offer him a job on his release.
Owing money to loan sharks , and desperate not to have to go to work for a criminal organization, he tries going back to his former employer to ask for some kind of job. Nolan Wainwright, the bank's Head of Security, obviously won't hire him to work directly for the bank, but with the approval of higher management, is allowed to pay Eastin to go undercover as an affiliate of the forgers and secretly report back details of their operation to Juanita Nunez, who had forgiven him after he came to see her and apologize for what he did.
She agrees to be the " cut-out " whom Eastin will contact, and she will report back what he tells her to Wainwright. Eastin is discovered to be a planted spy by the criminal organization and tortured, only to be rescued in the nick of time as a result of Juanita being captured by the forgers and forced to identify Eastin.
She is released, but uses her photographic memory to count the amount of time she spent blindfolded in the car and the movements it made, and as a result is able to lead police to the safe house where Eastin was being held and tortured. At the end, Eastin, Juanita and her daughter, Estella, move out of the state where both get new jobs. Also featured is Edwina D'Orsey, the head of FMA's flagship downtown branch, through whom a reader gains much insight into day-to-day branch banking, and her husband, Lewis, who writes a financial newsletter.
As readers increasingly appreciate Vandervoort, the protagonist , they learn of his troubled personal life. His advancement in banking circles has come as his marriage is failing; his wife Celia is confined to an inpatient psychiatric facility. Vandervoort is shown as having developed a relationship with Margot Bracken, who is depicted as a radical attorney and political activist many years his junior; her attitudes sometime conflicts with Vandervoort's role at FMA.
She is also related to Edwina D'Orsey, as she is her first cousin. Meanwhile, Vandervoort's antagonist , Heyward, is depicted as a devout Episcopalian who strives to maintain an air of personal integrity and morality, only to slowly sacrifice them both in his pursuit of the presidency of FMA.
As these men pursue their battle for the soon-to-be-vacant position of CEO, various issues involving the banking industry, such as credit card fraud , embezzlement , inflation, subprime lending , and insider trading are discussed.
The story has all the drama and feel of a thriller but at the same time teaches you a lot. The protagonist of the book is running for the top position at the Bank an http: The protagonist of the book is running for the top position at the Bank and has to fight a rival to get there.
The story revolves around this fight between two ambitious individuals and takes us into murky politics of power in Banking industry. But the beauty of book for me was not in the main story. There were many sub-plots and details about various functions of Bank which made it more interesting for me. There are two specific things which are still fresh in my mind about this book.
There is a depiction in the story about how a rumour can ruin a Bank if suddenly all the depositors come to the Bank to withdraw the money. The Banking industry works on the basis of taking money from people and then investing it to make more money. If everybody comes to ask their money back at the same time, no Bank would be able to return it and would go bankrupt.
Banking works on trust of depositors and if that is lost, Bank is gone. Much later I had read a short story to the similar effect but more about that some other time. In this book, the protagonist saves the Bank by making sure that all the people who turned up to get their money got it, but in reality it will most likely result in bankruptcy. Another incident is about a teller who is able to keep track of her cash to the last penny while doing all the transactions and how her ability saves her from the accusation of theft.
Overall, a great book. I am able to remember so much even after 20 years. I wish I could remember my text books like that. Oct 29, Debapriya Ghosh rated it really liked it Shelves: Reread this after a long time. Actually, I didn't even realize that I had read this earlier, way back in my teens, until a few plot-lines started to appear familiar.
Arthur Hailey is known for his deep research on the topics that he picks up, and then weaving an interesting story around his observations and learning. This one is based on the banking system in 70s. Though quite a few things have changed in how banks and financial system works today, but the core concepts still remain relevant, jus Reread this after a long time.
Though quite a few things have changed in how banks and financial system works today, but the core concepts still remain relevant, just as the human factors driving those - greed, ambition, altruism, and personal inner conflicts of morality and rationality.
It was great fun to read and learn many things about the workings of the financial system in general.
Many have complained about the style of prose, but Hailey was a story-teller and not a poet. And his literary style might not be classical, but is not vain either. Jan 05, L. You like my book? Gee, thanks.
Just bought it. Sound familiar? Sep 14, Raunak Ramakrishnan rated it really liked it. An Arthur Hailey classic on the innards of the Banking System before the now ubiquitous internet banking. The plot winds its way through counterfeiting, bank heists, phony companies and general corporate culture in the largest banks. A very interesting read.
Feb 25, Teddy rated it liked it. This book is left of center. Had a good plot that kept my interest. Had some bad language.
I wouldn't reccommed you download it. I read it because it was handy. Dec 17, Tao rated it really liked it. Maybe a little outdated, but still a good read. A very informative thriller about banking, fake money, and crimes. View 1 comment. Amusing, but very dated. Not recommended for the faint of heart, as it contains some pretty heavy stuff. Good if you're really bored.
Not as good as the other books I have read by him, but I gave it an extra star because I happened to be working for Bank of America at the time and a lot of it rang true. Very good novel once you get past all the info on banking the first couple of chapters.
Jul 13, Mugizi Rwebangira rated it really liked it. This is another pulpy thriller I read as a kid. I am just now realizing how many trashy 70s bestsellers I managed to read back in the 80s. This one deals with the banking industry. Actually as I am writing this review I am realizing how many similarities it has with the only other Arthur Hailey book I've read: Now that I think about it, I am curious if books like these are bestsellers anymore?
It's as if people are more into the supernatural or the very personal and are not as interested in society as a whole. Jun 27, Chaitalee Ghosalkar rated it really liked it. Three and a Half Stars Despite the length, the book feels short. The writer has included various topics like forgery, cash theft, day to day dealings of a bank, and innumerous shady dealings along with the usual drama to give it a spicy flair.
Perhaps the reason for the earlier sentiment is because at the start, several characters are introduced, and the reader is made to believe that they are all important.
However, they fade into oblivion as the book progresses. Would the book have gained if le Three and a Half Stars Despite the length, the book feels short. Would the book have gained if less focus had been given on amorous details? Always been in awe of how detailed the inside workings of the industry Arthur Hailey picks as the basis of his fast paced thrillers - this time being the retail banking industry back in the 70s. The politics, the intrigue and the drama - a regular sleaze potboiler around power and greed.
Whilst the drama is regular, you do glean a lot of nuggets of info on counterfeiting and the banking system too. Mar 28, Peter Van Der Walt rated it really liked it. This Hailey Tour-du-Industry has definitely aged, but still Good story, and the tour of a specialized world in this case, banking is as always, fascinating. Oct 20, Belinda Turner rated it it was amazing.
Haley researched it thoroughly. The characters are well drawn, and the plot is interesting and intricate, since it involves several related stories about the employees, executives, and board members of a bank.
I cannot put down this book, simply a great novel about finance, business, competition, money and thirst of money. A brilliant tale of an inside of a banking world.
A good story with the up and down adventure. If you like business, money and somehow interest in banking, you should read this book. Dec 04, Stacy rated it really liked it Shelves: Jul 20, Rashmi Duggal rated it really liked it. Even though the book is set in a different era of banking, yet so many things which are relevant even today.
The propensity to be allured by big business, the human greed and with all this a beautiful story woven with human emotions. Real good.
May 06, Rachel Thornburgh rated it it was amazing. Fabulous from beginning to end. Proper old school ish, packed with suspense, action and debauchery. Loved it! Read this one in the 70s. Remember enjoying it a lot. There are no discussion topics on this book yet. Readers also enjoyed. About Arthur Hailey.
Arthur Hailey. After working at a number of jobs and writing part-time, he became a writer full-time during , encouraged by the success of the CBC television drama, Flight into Danger in print as Runway Zero Eight. Following the success of Hotel in , he moved to California; followed by a permanent move to the Bahamas in Each of his novels has a different industrial or commercial setting and includes, in addition to dramatic human conflict, carefully researched information about the way that particular environment and system functions and how these affect society and its inhabitants.
Critics often dismissed Hailey's success as the result of a formulaic "potboiler" style, in which he caused an ordinary character to become involved in a crisis, then increased the suspense by switching among multiple related plot lines. Hailey would spend approximately one year researching a subject, followed by six months reviewing his notes and, finally, about 18 months writing the book.
Many of his books reached 1 on the New York Times bestseller list and more than million copies have been sold worldwide in 40 languages. Many have been made into movies and Hotel was made into a long-running television series. Airport became a successful film with dramatic visual effects.
A Canadian citizen whose children live in Canada and California, Hailey made his home in Lyford Cay, an exclusive residential resort on New Providence Island in the Bahamas with his second wife Sheila.