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  • Wall Street trader creates havoc and profits, then falls in love

    REVIEW

    Wall Street trader creates havoc and profits, then falls in love

    Michael Leone, San Francisco Chronicle


    Monday, June 18, 2007
    Das Kapital
    By Viken Berberian
    SIMON & SCHUSTER; 175 Pages; $23

    _____

    No, this isn't a new translation of Marx's obtuse and history-altering
    tome, but a slim, impeccably cool new novel by Viken Berberian, author
    of the novel "The Cyclist." In his new novel, Berberian juxtaposes the
    cold, profit-driven trading environment of Wall Street, with the lush
    antiquated calm of Marseille, France. Wayne, the protagonist, is a
    trader on Wall Street. Think of Gordon Gecko, or that prattling
    TV-personality doofus Jim Cramer. Obsessed by money and all things
    material (he eats quail egg omelets with Petrossian caviar), Wayne,
    however, is craftier than either Gecko or Cramer. He scorns the
    investment community, considering it naive and presumptuous. A
    defeatist, or "pragmatic realist," he prefers "to make money from
    disaster."

    Following Marx's credo that the capitalist economy is ever on the
    brink of extinction, Wayne creates his own market conditions. He hires
    a mysterious Corsican terrorist to assassinate world leaders and
    create havoc in various world economies and cultures, then bets
    against the market by selling short on those investments. Confused?
    All you really need to know is: It is ludicrous, highly illegal and
    impressively hilarious.

    When Wayne isn't trapped in front of his "Gloomberg" terminal, he's
    writing surprisingly sappy e-mails to Alix, who lives in Marseille and
    who is also involved with the Corsican terrorist. She is everything
    Wayne isn't: a spiritual, thoughtful architecture student who takes
    yoga classes and makes literary and cultural references, and is so
    naive to the endlessly throbbing material world that she professes she
    doesn't even know what a BlackBerry is. She reads Kafka and Kundera,
    both of whom Wayne dismisses. "[N]either really helps you become a
    better trader," Wayne says. "There is absolutely no upside in
    literature."

    Despite such differences, however, or rather, because of them, Alix
    and Wayne find themselves attracted to each other to the point that
    they both decide to abandon their electronic cocoon and meet in the
    flesh. They do so in New York, and what transpires is a mild and wry
    courtship. Wayne says she's "making [him] see the world in a different
    way." Are we to believe Wayne? Is there such a thing as a corporate,
    post-modern satire with a heart?

    As Wayne and Alix find themselves cavorting in New York City, then
    Marseille, the mad Corsican, a former tree cutter, struggles to win
    Alix's affections, all the while rushing around the world to create
    dividend-producing disasters.

    Berberian is a writer obsessed with his times. "The Cyclist" captured
    the sensibility of a young Middle Eastern terrorist fixated on bombs,
    women and food. In "Das Kapital," he probes the global lunacy wrought
    by 9/11 and the multifaceted nature of corporate culture. His satire
    soars to the levels of Don DeLillo and Chuck Palahniuk.

    His prose is appropriately impervious, suggesting the cold contours of
    the Gloomberg machine: "He looked into the Bloomberg. Everything
    became clear again. There were familiar diagrams on his two
    screens. Each plotted point was the expression of a just measure. Each
    fraction was a clue to a hidden treasure. Each decimal lent dignity to
    a perverse pleasure, until a 24k bloc crossed the tape. The bids were
    relentless, growing bigger in size." Berberian, who works at a
    financial consultancy in Paris, knows a thing or two about how the
    global economy works, or rather, how it doesn't work, and this
    knowledge alone makes him a formidable contemporary writer.

    As Wayne and Alix become more enamored of each other, the Corsican
    terrorist continues Wayne's bidding: "In the month that followed, many
    buildings fell. The first was the vaunted Tokyo Stock Exchange. A
    week later the Crystal Palace came crashing down. Then a Range Rover
    rigged with explosives destroyed a section of the Fabrik
    Huttenstrasse." Wayne's profits continue to climb -- as long as the
    world continues to implode. But now that he's in love, and his world
    has suddenly become a transfigured place, how is he to justify his
    ruthless exploitation?

    "Das Kapital" is an inventive and oddly disturbing novel. The plot is
    oblique, its characters hectic and obsessed with all things, but
    mostly with trying to live a decent life in a world driven delirious
    with greed. The conclusion is startling and strangely, though
    quasi-apocalyptic, funny. How Berberian pulls it off is a mystery,
    but like all great novelists, he most certainly does.

    Michael Leone is a New York critic.

    This article appeared on page B - 3 of the San Francisco Chronicle
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