The hedge-fund investor Jay Newman’s new book combines espionage, financial intrigue, and geopolitics with a cynicism developed through years of observing politicians and Wall Street titans up close.
Jay Newman, a semi-retired sovereign-debt investor, was in the European Paintings galleries at the Metropolitan Museum of Art the other day, hunting for a specific picture. “Excuse me,” he said to a ponytailed security guard. “Do you know where the Bastien-Lepage ‘Joan of Arc’ is?” The guard pointed toward the Robert Wood Johnson, Jr., Gallery; Newman traversed it and made a left at a Rodin bronze. “There she is!” he said, spotting a large canvas.
The book combines espionage, financial intrigue, and geopolitics with a cynicism developed through years of observing politicians and Wall Street titans up close. Helicopters, mega-yachts, and parties full of bankers, lawmakers, and “scantily clad” Eastern European beauty queens feature prominently, along with oligarchs and a schemingcalled the book an “overstuffed debut,” while theNewman said that his protagonist, a sexy C.I.A.
He headed toward the Temple of Dendur, the setting for a scene at the Met Gala in “Undermoney.” “O.K., so museums, art, whether it’s old or new, it embodies all the complexities of money and power,” he said. A chime came from the phone in his pocket, a signal that a security camera was picking up wildlife at his farm in Dutchess County, where he and his wife grow black truffles.
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