Rajat Gupta was one of the wealthiest and most successful men in America and an icon of the Indian-American community. Today, he faces two years in prison for insider trading, convicted of passing corporate secrets to his billionaire friend and Galleon Group founder Raj Rajaratnam.
Gupta was already a wealthy man; what was the motive for his crime? In The Billionaire's Apprentice:The Rise of the Indian-American Elite and the Fall of the Galleon Hedge Fund, journalist Anita Raghavan tries to answer that question.
NPR's Susan Stamberg asked three of our go-to independent booksellers — Rona Brinlee of The BookMark in Neptune Beach, Fla.; Daniel Goldin of Boswell Book Co. in Milwaukee; and Lucia Silva, former book buyer at the now-closed Portrait of a Bookstore in Studio City, Calif. — to help fill our beach bags with good reads. What they came up with is a summer book list that's full of youth and ritual.
While these days it's not uncommon to meet children with gay parents, in the 1970s it was. Alysia Abbott was one of those kids. When her parents met, her father — Steve Abbott — told her mother he was bisexual. But when Alysia was a toddler, her mother died in a car accident and Steve came out as gay. He moved with his daughter to San Francisco, just as the gay liberation movement was gaining strength.
While her father had not initially wanted a child, Abbott says he enjoyed spending time with her when she was a baby. Her mother's death brought the two of them even closer.
On a three by five index card, you scrawled in heavy black permanent marker letters, "YOU NOW OWN MY SOUL." Initialed under that. Today's date under that. It's a neat little binding contract. I bet it would hold up in the highest court, even if you meant it as a joke. You shouldn't be so cavalier with your immortal essence. I spied it between a wad of chewing gum and a mangled plastic bottle. Anyone could have found this card where it laid half-in, half-out of the gutter with the collected effluvia of a thousand passers-by.
She was cleaning out the closet, looking for items to give to Goodwill, when she found it. It was balled up at the back of the top shelf and had sat, collecting dust, for how long? Eight years? Nine? At least since they'd moved into the house and Will was a baby. It was Ted's old shirt from his single days, part of his "going out" outfit that he thought was so retro hip and cool, but which was really just fugly.