Saturday, November 09, 2013

Bankerupt by Ravi Subramanian- Book Review

Bankerupt is the latest financial fiction by Ravi Subramanian, author of other popular banking fictions- Devils in Pinstripes, The Incredible Banker, Bankster, if God was a banker etc.

Ravi continues to use real life incidents in his novels-Bankerupt features EMU farming, which was a lucrative business in south India that went burst recently, rendering thousands of investors at loss and lots of EMU birds getting abandoned. Ravi has used this concept well and also seem to have adopted a version of Reebok-Adidas saga. Reebok India top management was alleged to be involved in fraudulent activities and adopted a minimum guaranteed payment model for franchisees, which helped in rapid expansion of network and eventually buyout by Adidas  [Read this and this report]. This incident has been used to a large extent in Bankerupt.

Bankerupt is a story with multiple tracks- EMU farming on one side, shoe company on the other, MIT research on the other, all connected by the lead character, Adi, an investment banker and his friends/family members. Book explains a bit about money laundering and also how industry lobbies can influence academic research. Most of the story takes place in Boston, Mumbai and Coimbatore. The same GB2 name has been used.

As usual the story is very gripping and keeps the readers hooked. There's no adult content sneaked in. All dots get connected in the end to give full picture and put a logical end to the story. No loopholes, no unnecessary dragging of the story. No way to loose interest or get distracted in between. Recommended to read this book, if banking fictions excite you.

Couple of times I got confused between Lucier and Louisa. Slightly different names could have been kept to avoid confusion.

  • Title: Bankerupt
  • Author: Ravi Subramanian
  • Publishers: Penguin (Author's earlier books were published by Rupa)
  • Genre: Fiction
  • Pages: 319
  • MRP:  Rs 299
Bankerupt is priced higher than Ravi's earlier novels. Bankerupt has an MRP of Rs 299 (Rs 149 on flipkart as of now, buy it before the discount dwindles). This is probably a sign of author's popularity and publisher's desire to charge a premium. (or is it because Penguin is expensive than Rupa?)


Arun Prasath said...

Nice Review bro! :)

Shrinidhi Hande said...

Thanks Arun

Debopam said...

Nice review..... Like Ravi Subramanian's novels very much.... Will surely love to read this one.....

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