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Hedge Fund Wives by Tatiana Boncompagni

Hedge Fund Wives (2009)

by Tatiana Boncompagni

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Hedge Fund Wives is a guilty pleasure. It is a perfect beach read. ( )
  bagejew | Sep 10, 2014 |
perfect beach read ( )
  busymombookclub | Jun 9, 2010 |
Hedge Fund Wives, Tatiana Boncompagni's second novel, tells the story of Marcy Emerson, a midwestern girl who moves to New York City with her husband as he begins his career in hedge funds. Although Chicago is anything but a small town, but she is not prepared for the cut throat world of NYC hedge fund wives. Marcy gave up much of herself when she left the only world she ever knew to follow John's dreams. One thing she brought with her were her insecurities. To the sharks who ruled the world she was entering, insecurity was as good as flowing blood in the water. Marcy has to learn to trust in herself and her own abilities. She had no choice. As with the current shaky financial climate, she was the only safety net she had.

Marcy quickly learns that she doesn't have it so easy. Any one of the local hedge fund wives could be out to make her life hell - or use John as a step up the social ladder. Luckily for Marcy, she is able to make friends like Gigi and Jill. Jill works for a home interior magazine in addition to being married to a successful hedge funder. Her life, much like her home, seem perfect on the outside. Gigi is a chef who runs a prestigeous catering company. She was a famous author and TV personality prior to marrying her hedge funder. Together, they make an unusual trio, but they give Marcy the foundation she needs to make NYC her home and begin to take steps to make her life rewarding. Her decisions with work don't John happy, but with him spending more and more hours working, she is responsible for her own happiness. She becomes stronger in the face of uncertainty.

With news of hedge funds going belly up and the nearly endless news about how some of those funds were involved with Bernard Madoff's ponzi scheme, this novel had an interesting subtext. The people that Marcy meets, both the husbands and the wives, are living in a bubble that's about to burst and other than Gigi, whose book on upscale party food is flopping as a result of the economic downturn, she is the only one who seems to have any inkling that it's happening. The hedge funders and their wives are deluding themselves and, because they are out of touch with the greater reality, their ability to survive the turmoil is as questionable as some of the futures upon which they deal.

Boncompagni's second novel has a similar storyline to Gilding Lily, her first novel. Both novels feature a beautiful, young, and likeable woman who is out of her element in New York City. As with Lily, Marcy's world is well researched. Boncompagni clearly knows what's what and who's who. She knows what they want and how they get it and she translates that very well into her fiction. Although Hedge Fund Wives didn't capture my imagination the way that Gilding Lily did, I enjoyed this novel. It was a welcome distraction and read very quickly. If you enjoy chick lit that is as timely as it is juicy (who knew there was such a thing as a gyno spa?), Hedge Fund Wives would make the perfect poolside read this summer. ( )
  LiterateHousewife | Jul 27, 2009 |
Marcy and her husband, John have moved from Chicago to the big city of New York. John is a hedge fund manager and they are in the big time (like RICH!) now. The only problem is that Marcy just doesn't fit in. She is bored, wants to go back to work, and can't stand most of the other hedge fund wives. Problems arise when John becomes distant and Marcy isn't sure why.

I read Gilding Lily (Boncompagni's 1st novel) and really enjoyed it. I didn't enjoy Hedge Fund Wives as much. It was good, just not as good as I thought it would be. Marcy is an enjoyable and likeable character, but I found little things irritating. I mean she gets a $15 million divorce settlement and she can't afford gourmet cheese??? Really? The book just didn't do it for me, not completely, anyways. It may do it for you, though! ( )
  julyso | Jun 13, 2009 |
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Amazon.com Product Description (ISBN 0061765260, Paperback)

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.

(retrieved from Amazon Thu, 12 Mar 2015 18:07:36 -0400)

While former private banker Marcy struggles with her wealthy husband's dwindling attention, cookbook author Gigi feels betrayed by her older husband's refusal of previously promised financial support.

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