A stark exposé of Wall Street’s corrupt underside and an inspiring story of overcoming adversity.
The daughter of Haitian immigrants lands on Wall Street.
Born in the South Bronx and raised in Queens, Fabré styled herself as a brash, street-smart hustler, traits that served her well when she found herself working on Wall Street. In her zesty debut memoir, the author recounts her surprising journey from roach-filled public housing to becoming one of the “youngest Black female stockbrokers.” At the age of 19, she was an ace salesperson for an optical shop when she met a recruiter for VTR Capital, an offshoot of the notorious investment firm portrayed in Wolf of Wall Street. Although she would be working as a cold caller for a low salary, she saw the job as an investment in her future. After three months as a cold caller, she learned, your firm could sponsor you for a test to earn a broker’s license. Fabré had no doubt that she would excel, get sponsored, and pass the challenging test. “Whenever I set out to do something,” she asserts, with no false modesty, “I was confident it would work out for me.” VTR certainly tested her conviction: Like all the Black and Latine cold callers, she was brutally belittled by the White brokers. “All callers were made to feel inferior,” writes the author, “had it hammered into them that they were lowly dialers, good for punching numbers into a phone and uttering words from a script, nothing more. Verbal—and sometimes physical—abuse was hurled at us.” But there was big money to be made, and Fabré admits to wanting “the cars, the houses in the Hamptons, the Gucci and the Versace.” At the age of 20, “without knowing a single thing about investing,” she became a broker. With disarming candor, Fabré recounts her heady infatuation with Wall Street, her timely escape from VTR, and her dawning realization of what she and her colleagues were really doing.
A stark exposé of Wall Street’s corrupt underside and an inspiring story of overcoming adversity.Pub Date: Sept. 13, 2022
ISBN: 978-1-250-81685-6
Page Count: 320
Publisher: Henry Holt
Review Posted Online: July 4, 2022
Kirkus Reviews Issue: Aug. 1, 2022
A clearly delineated guide to finally eradicate poverty in America.
A thoughtful program for eradicating poverty from the Pulitzer Prize–winning author of Evicted.
“America’s poverty is not for lack of resources,” writes Desmond. “We lack something else.” That something else is compassion, in part, but it’s also the lack of a social system that insists that everyone pull their weight—and that includes the corporations and wealthy individuals who, the IRS estimates, get away without paying upward of $1 trillion per year. Desmond, who grew up in modest circumstances and suffered poverty in young adulthood, points to the deleterious effects of being poor—among countless others, the precarity of health care and housing (with no meaningful controls on rent), lack of transportation, the constant threat of losing one’s job due to illness, and the need to care for dependent children. It does not help, Desmond adds, that so few working people are represented by unions or that Black Americans, even those who have followed the “three rules” (graduate from high school, get a full-time job, wait until marriage to have children), are far likelier to be poor than their White compatriots. Furthermore, so many full-time jobs are being recast as contracted, fire-at-will gigs, “not a break from the norm as much as an extension of it, a continuation of corporations finding new ways to limit their obligations to workers.” By Desmond’s reckoning, besides amending these conditions, it would not take a miracle to eliminate poverty: about $177 billion, which would help end hunger and homelessness and “make immense headway in driving down the many agonizing correlates of poverty, like violence, sickness, and despair.” These are matters requiring systemic reform, which will in turn require Americans to elect officials who will enact that reform. And all of us, the author urges, must become “poverty abolitionists…refusing to live as unwitting enemies of the poor.” Fortune 500 CEOs won’t like Desmond’s message for rewriting the social contract—which is precisely the point.
A clearly delineated guide to finally eradicate poverty in America.Pub Date: March 21, 2023
ISBN: 9780593239919
Page Count: 288
Publisher: Crown
Review Posted Online: Nov. 30, 2022
Kirkus Reviews Issue: Jan. 1, 2023
BOOK REVIEW
PERSPECTIVES
PERSPECTIVES
SEEN & HEARD
Well-told and admonitory.
Young-rags-to-mature-riches memoir by broker and motivational speaker Gardner.
Born and raised in the Milwaukee ghetto, the author pulled himself up from considerable disadvantage. He was fatherless, and his adored mother wasn’t always around; once, as a child, he spied her at a family funeral accompanied by a prison guard. When beautiful, evanescent Moms was there, Chris also had to deal with Freddie “I ain’t your goddamn daddy!” Triplett, one of the meanest stepfathers in recent literature. Chris did “the dozens” with the homies, boosted a bit and in the course of youthful adventure was raped. His heroes were Miles Davis, James Brown and Muhammad Ali. Meanwhile, at the behest of Moms, he developed a fondness for reading. He joined the Navy and became a medic (preparing badass Marines for proctology), and a proficient lab technician. Moving up in San Francisco, married and then divorced, he sold medical supplies. He was recruited as a trainee at Dean Witter just around the time he became a homeless single father. All his belongings in a shopping cart, Gardner sometimes slept with his young son at the office (apparently undiscovered by the night cleaning crew). The two also frequently bedded down in a public restroom. After Gardner’s talents were finally appreciated by the firm of Bear Stearns, his American Dream became real. He got the cool duds, hot car and fine ladies so coveted from afar back in the day. He even had a meeting with Nelson Mandela. Through it all, he remained a prideful parent. His own no-daddy blues are gone now.
Well-told and admonitory.Pub Date: June 1, 2006
ISBN: 0-06-074486-3
Page Count: 320
Publisher: Amistad/HarperCollins
Review Posted Online: May 19, 2010
Kirkus Reviews Issue: March 15, 2006
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