Other People’s Money, by Justin Cartwright, Bloomsbury
Ever since Shylock demanded his pound of flesh from Antonio, bankers have been presented as loathsome figures in literature. Trollope and Dickens made them greedy, unprincipled villains; Tom Wolfe updated this model for the 1980s, adding sexual incontinence, coke habits and a taste for vulgar interior design.
In the slew of new novels about the financial crisis, the bankers are all of the above but blacker still: two-dimensional sociopaths who blithely destroy the world economy. Though there may be some truth in this, it makes for dull reading, particularly when the lecture is dished up – as it was by Sebastian Faulks in his book A Week in December – with a half-baked explanation of how a derivative works.
The title of Justin Cartwright’s novel leads one to fear more of the same. But Other People’s Money turns out to be nothing of the kind. For a start it is a literary first – a feel-good novel about the financial crisis. Second, it is a comedy of manners, in which bankers are good and bad – as are journalists, failed actors, drop-outs and postmen.







