Allegra Goodman - The Cookbook Collector

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If any contemporary author deserves to wear the mantel of Jane Austen, it's Goodman, whose subtle, astute social comedies perfectly capture the quirks of human nature. This dazzling novel is Austen updated for the dot-com era, played out between 1999 and 2001 among a group of brilliant risk takers and truth seekers. Still in her 20s, Emily Bach is the CEO of Veritech, a Web-based data-storage startup in trendy Berkeley. Her boyfriend, charismatic Jonathan Tilghman, is in a race to catch up at his data-security company, ISIS, in Cambridge, Mass. Emily is low-key, pragmatic, kind, serene—the polar opposite of her beloved younger sister, Jess, a crazed postgrad who works at an antiquarian bookstore owned by a retired Microsoft millionaire. When Emily confides her company's new secret project to Jonathan as a proof of her love, the stage is set for issues of loyalty and trust, greed, and the allure of power.

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Sandra nodded.

Emboldened, Jess continued, “And wherever your uncle is, he’ll understand, because the point is, children shouldn’t have to remember their mother.”

Then tears started in Sandra’s eyes. All the tension seemed to leave her body, and she sighed, a drawn-out sigh. “Yes,” she said, and then, almost a sob, “Yes. That’s true.”

When Sandra opened the study door, George and Colm started up. Colm raised his eyebrows questioningly; George searched her face, anxious for the verdict. Jess didn’t say a word in front of Sandra. She couldn’t gloat. She pressed her lips together, trying not to smile. Oh, she’d done well—and George and Colm didn’t even know it yet. There they were, waiting in suspense. She bit her lip, determined to keep a poker face, but her cheeks began to dimple anyway. She’d passed the test: She’d got Sandra’s Sphinxian riddle right. Princess in the morning. Bitter in the afternoon. Grandma in the evening. What am I? Lonely.

Eager, mystified, George looked at Jess, and she met his gaze. Who knew that Jess, who was such a terrible salesman, would be a brilliant buyer? Jess hadn’t known herself—but here she was, victorious. Didn’t you think that I’d win her over? Jess asked George with her eyes. Didn’t you think that I could win these books for you?

Part Five

Free Fall

March through August 2001

19

The markets swooned. Like a beautiful diver, the Nasdaq bounced three times into the air and flipped, somersaulting on the way down. Tech stocks once priced at two hundred, and then seventy-three, and then twenty-one, now sold for less than two dollars a share. Companies valued in the billions were worth just millions, and with a blood rush, investors thought, So this is gravity, this is free fall. This is what the end feels like, ripping through water. But the end was not the end. There were still more ends to come.

Looking back, analysts could predict the crash. They spoke of weak fundamentals, softening in the tech sector, reckless speculation. But who can measure appetite, or predict the limits of desire? Who can chart love’s parabola, from acquaintance to infatuation to estrangement? Multiply by millions buying and selling. Small exits accrued into a great migration, darkening the sun. So many hearts beat rapidly together, so many investors rose up calling to one another as they took flight, that it seemed there were no buyers left, except the day traders screaming obscenities on message boards, scavenging and wheeling like gulls.

Rabbi Helfgott was one such day trader, although he did not post on message boards. Waking before dawn to log in as the markets opened in New York, he made a few dollars, even as the crash wiped out his portfolio. He blinked sometimes and shook his head, as his investments melted away. Veritech at two, Janus at a dollar fifty, ISIS at seventy-five cents. Nevertheless, he remained hopeful. He had a sanguine nature, prayed three times a day, and believed the Messianic age was imminent. Therefore, he was better prepared than most for market turbulence.

He himself had read some economics. In fact he had read The Wealth of Nations , a book Jessamine had recommended, and he saw in Adam Smith a very Jewish form of Providence. What was the invisible hand Smith always spoke about, but the hand of God? What was a correction, but the Creator’s recalibration of the world? Had he studied physics in college, Helfgott might have learned that what goes up comes down. But the rabbi had not attended college, only seminary, where he learned that what comes down, must rise again. Applying this principle, he believed that what the markets destroyed they would, God willing, speedily restore, and this belief sustained him, as did the knowledge that he owned the Bialystok Center of Berkeley free and clear. Many years before, he had saved the life of a young man, an addict in the ashram occupying the building, and the boy’s grateful father had purchased the property and then sold it to the rabbi for a dollar. Now the young man was married, living in New Jersey, and a father himself! Such was the marvelous circularity of exchanges. Such, with God’s help, was the world’s hopeful trend, difficult in the short term, but in the long run beautiful.

Others were not so philosophical. When ISIS hit a new low of seventy—not seventy dollars, but seventy cents —Jonathan took the debasement personally. His high-flying company was about to be delisted, too small to register on the Nasdaq stock exchange. He knew that ISIS would come roaring back. He knew because he would make it happen. In the meantime—well, he hated meantimes.

Sleepless, he paced his Somerville apartment. His roommates had moved on, but Jonathan still lived there and he hated that too. He hated the stasis, the stalemate developing between him and Emily. Although he and Emily had set the date for their October wedding, they had not bought a house, nor had she left Veritech. She was rolling out a new product. She was setting up a research group for Alex—an unfathomable idea—rewarding Alex for his bad behavior. Twice, three times, she postponed her move east, and then she pushed the wedding off as well.

She said she missed him. At the end of every visit her eyes filled with tears—but she returned to California anyway, and somehow she remained patient. Where did this excessive patience come from? Did she still have reservations? She had told him in her sweet teacherly way that now she was ready— they were ready—to be engaged, but he had no idea what she meant by readiness. Waiting, taking time, becoming ready —this was the vocabulary women used to divert attention from what they wanted. And what did women want? The same thing men did—only slower.

What would it be like to live without this level of intense anticipation? Like ancient nobles he and Emily waged wars and signed treaties, convening privy councils in their separate conference rooms. What would it be like when Emily abdicated to live with him full-time? Would she? Could she?

Hard times. He kicked an empty soda can across the bare floor. Thirty million invested at Goldman Sachs seemed a paltry sum, a pittance, next to the hundreds of millions he had once possessed on paper. What Jonathan had was nothing next to what he wanted. Prisoner of his enormous expectations, he paced the floor, plotting to reclaim what might have been.

Friday when the markets closed, ISIS had climbed a penny to seventy-one cents. Then Jonathan called a company meeting in the newly renovated lobby. Over one hundred Cambridge employees sat on the gray carpet, while oldsters like Dave sat in swivel chairs, and Jonathan, Orion, Aldwin, and Jake stood together in the center, all four of them in town at once, like a rock band reuniting without instruments, four accustomed to mosh pits of celebration, now gazing out at anxious upturned faces.

Shakespeare’s Henry rallied his troops at Agincourt: If we are mark’d to die, we are enow / To do our country loss, and if to live, / the fewer men, the greater share of honour . At a later date, George Washington tried to mollify his mutinous men: … let me entreat you, Gentlemen, … to rely on the plighted faith of your Country, and place a full confidence in the purity of the intentions of Congress . Now Jonathan took the floor. “Okay, guys, listen up. There’s share price and there’s reality. Prices go up and they go down. There is a certain amount of randomness built into the system, a certain amount of envy and media shit, a certain amount of stuff happening in the market as a whole that for better or worse reflects on us. But the reality is our products, our services, and our customers. That’s what you have to wake up and think about every single day. Excellence, accountability, and the bottom line. We did not establish ISIS as some fly-by-night dot-com.”

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