Joel Rickett, former Deputy Editor of the Bookseller , has made his first acquisitions for Viking. Binge Trading by Seth Freedman is an insider account of City greed, corruption and excess. Freedman is a stockbroker-turned-writer who is now a frequent contributor to the Guardian , and in his book describes the addictive experience of risking millions every day - and the after-hours bingeing that inevitably follows. A blend of memoir, reportage and interviews, Binge Trading is a frontline account of life in the City, in the style of Liar's Poker and Kitchen Confidential . Rickett bought UK/Commonwealth rights from Mal Peachey at Essential Works.
Rickett has also bought The Greatest Trade Ever by Gregory Zuckerman, a Wall Street Journal columnist. It centres on John Paulson, who made $15 billion by betting against the housing bubble. An old-school trader who spotted the flaws in the credit boom and turned against the trends on Wall Street, Paulson made more money last year than J K Rowling, Oprah Winfrey and Tiger Woods put together. A 'gripping' story of the current crisis from an American point of view, it features a cast of characters who risk billions on the markets. The agent was Caspian Dennis at Abner Stein; Viking has UK/Commonwealth rights.
Obviously every publisher is now scrambling for finance and business books, said Rickett. Both Binge Trading and The Greatest Trade Ever are powerful, personalised stories by well-placed writers.