Monday, June 6, 2016

The rise of white collar crime fiction and business novels in India

My first introduction to business novels came with Eli Goldratt's books-The Goal etc. Then further it progressed to real life biographies and exposes which were enjoyable, however nothing beats the fun of reading corporate life through novels.

As RV Raman puts it "
The stakes are high too. A person who is worth a million dollars in his private life may be running a 500 million dollar business. A banker who may be worth even less, could be handling a loan portfolio worth billions. A peculiarity of banking is that ordinary men and women handle vast amount of other people’s wealth. Billions upon billions of dollars of it...If a banker falls to temptation and siphons off a small part of the money he oversees, he can gain a lot more than he can hope to gain by any deception in his private life. The potential payoffs for crime, especially white-collar crime, is huge"

Without much ado, let me list the books I have come across and particularly liked
1)Sialkot Saga-by Ashwin-this book is like a Kane/Abel one, but also centres around corporate crime and stock market manipulation. Don't go by the name-this was awesome
2)Fraudster-RV Raman-The book by an EX KPMG forensic audit expert, gives an idea into how NPAs are created and what could go wrong. Looking forward to his 2nd book-'Insider'
3)Ravi Subramanian-all books centre around banking world and crimes therein
4)Upendra Namburi-'31'
5)Ready..Steady Exit-this book by PC Balasubramanian outlines the story of 2 friends who set up their CA firm, and ultimately F&A outsourcing. Fun read
6)Ticking Times-an accountant and a Gentleman-this book by V Pattabi Ram seems a good read on life as a corporate auditor.

Foreign authors
1) Peter Ralph-Revenge of the CEO, White Collar Blackmail-these centre around stock market manipulation mainly
2) Stephen Fry-all books-these centre around private equity funds, and their portfolio companies

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