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Justine returns home pregnant, but determined to become a famous and respected photographer. Martha Claire raises her sibling's daughter Iris as if the lass were hers. Martha Claire and Grayson also adopt orphans, Cissy and Buddy, making their family complete. Martha Claire is contented until she uncovers the shocking news that Grayson and Justine share. The devastating secret causes a rift and turns a loving family dysfunctional.
MY MOTHER'S DAUGHTER is an exciting, fulfilling relationship drama that spans four decades of American life. The characters are well developed and multi-dimensional and feel like the neighbors next door. Readers are fully drawn into their lives and are able to feel and understand the choices and paths chosen. Judith Henry Wall is a brilliant storyteller who will appeal to fans of Delinsky and Vale Allen.
Harriet Klausner
This is the first novel I've ever read by this author, but I now intend to read all her work. She is a master story-teller.
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Andy Kessler began his career as an electrical engineer designing microchips at Bell Labs. By some strange quirk of fate (or brainless move by a headhunter), he was thrown into the world of a Wall Street analyst. Kessler has seen more than most; his Wall Street career began before the infamous "Black Monday" crash (October 19, 1987) and spanned into the beginning of the Internet Bubble. During that time, Kessler met and worked with the individuals now being targeted for prosecution for their "exuberant" activities. Kessler went at it elbow-to-elbow with Jack Grubman while at PaineWebber (Grubman eventually moved on to Salomon Smith Barney); with Frank Quattrone (and Mary Meeker...truly a bit player here) while at Morgan Stanley (Quattrone eventually moved to Deutsche Bank and then to CSFB); and became well acquainted with Henry Blodgett AFTER Kessler turned in his analyst hat for that of a venture capitalist.
Kessler goes to great lengths to inform the reader of the trials and tribulations of the Wall Street analyst in the 80's and most of the 90's. The difficulties and reticence he would feel each time he would put a "Buy" or "Sell" recommendation on a company are richly described as gnashing of teeth and firestorms. In this age, an analyst had to defend each recommendation as the Street's skepticism "appeared" to demand it. Conversely, as the Internet phenomenon hit the scenes, the code of the analyst changed from one of cautious recommendation to one of mindless, obtuse "dartthrowing." Although he provides us with many gems, Kessler recounts one poignant conversation with Blogett wherin Blodgett posits: "You've got to understand. If I stop recommending a stock, and the shares keep going up, there is hell to pay. Brokers call you up and yell at you for missing more of the upside. Bankers yell at you for messing up their relationships. There is just too much risk in not recommending these stocks." A perfect example of the mindset and excesses bringing Wall Street to its knees. In another conversation, now considered germane and somewhat paradoxical (given the chronology of events), Kessler recounts Quattrone's tutelage of the invisible "Chinese Wall." This "Wall" is a conceptual separation of research and investment banking designed to prevent insider information passing from bankers to analysts. Ironically, the breaching of this "Wall" was one of the acts eventually bringing Quattrone down.
Kessler uses MEAT as part biography, part expose, and part satire...and does all three exceedingly well. To say this is just another "tell-all" book about Wall Street would be a great injustice. Kessler was there, Kessler is smart, Kessler was lucky. Above all, Kessler is hilarious. The combination makes this book an extremely enjoyable read, one most will appreciate and most importantly, learn from. A very good read, indeed.
It really brings us upclose and personal with the biggest rogues on Wall Street. The portraits of Jack Grubman and Mary Meeker are especially compelling. I highly recommend this book - easy to read, lucid and with a sense of bemusement only a true new yorker can have...shame we have to wait for his next book
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HIGHLY RECOMENDED! ******** Five stars are not enough.