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The Set-UpBy Paul Emil Erdman
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Imprisoned unexpectedly by the Swiss police, former Chairman of the U.S. Federal Reserve Board Charlie Black and his wife agree to take part in an elaborate escape scheme, unwittingly launching the couple into the midst of those who had framed him.
- Sales Rank: #1480745 in Books
- Published on: 1997-04
- Original language: English
- Number of items: 2
- Dimensions: 9.75" h x 6.50" w x 1.25" l,
- Binding: Hardcover
- 341 pages
From Library Journal
A man framed for financial fraud is rescued from prison by the same group responsible for his wrongful conviction. From the author of Zero Coupon (Forge,
Copyright 1996 Reed Business Information, Inc.
From Booklist
Current business headlines--the volatile derivative market, secret Swiss bank accounts, etc.--animate Erdman's latest financial thriller. The last thing Charles Black expects, when he lands in Basel to represent the U.S. at the monthly meeting of national bank leaders at the Bank for International Settlements (BIS), is arrest by the Swiss police. Recently resigned after four years at the helm of the Federal Reserve Board, Black is a temporary special envoy to the BIS--until its Swiss and British delegates charge him with misuse of high office and a half-billion-dollar fraud, and the Basel prosecutor sends him to a fifteenth-century jail. Erdman's title gives the game away: someone really was speculating on interest and exchange rates using confidential BIS information. Black and his financially savvy wife encounter both venal and vicious adversaries as they strive to clear his name. Although most readers will never trade a Eurobond future, many seem to appreciate Erdman's fast-paced tales of the movers and shakers who do. Mary Carroll
From Kirkus Reviews
Still in fine form, old pro Erdman (Zero Coupon, 1993; the nonfiction Tug of War, 1996; etc.) produces another larky fiscal thriller in which the former head of the US Federal Reserve Board finds himself in trouble and on the run. Charles Black, the FRB's recently retired chairman, is jailed in Switzerland on charges of massive securities fraud. On the basis of seemingly irrefutable evidence, the Swiss authorities accuse him of using inside information to engineer a series of market killings that netted in excess of $400 million. But upright Charlie, it turns out, has been framed at the behest of an immensely wealthy Sardinian named Pietro di Cagliari. Using an attractive young woman as bait, the crafty islander has lured Herr Dr. Samuel Schweizer (the ostensibly incorruptible chairman of Switzerland's National Bank) into his high-flying orbit in aid of shady financial ends. In turn, an infatuated Sammy (who needs big bucks to keep his new mistress in the style to which she's accustomed) recruits Hans Zwiebach, a lawyer of easy virtue whose client list includes Charlie. Trading through the latter's dormant Swiss account on tips from Sammy, the duplicitous attorney amasses a considerable fortune that, although in Charlie's name, does nothing to enrich him. When a credible happenstance threatens an investigation, the three create a paper trail that leads to the hapless American. Concerned about loose ends, Pietro (with murder in mind) arranges for Charlie's escape from jail. Before the Sardinian's minions can do their dirty work, though, Charlie, with plucky wife Sally in tow, makes it to a remote Alaskan fishing village. Once in a comfortable lodge equipped with all the modern conveniences, the resourceful exWall Streeter not only fends off would-be assassins but also unravels the transnational plot against him. Capital entertainment for Erdman's many fans, who will not be at all surprised by the fierce loathing for all things Swiss that suffuses the always absorbing story. -- Copyright ©1997, Kirkus Associates, LP. All rights reserved.
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