Grade A #BookReview: The Bezzle by Cory Doctorow

Grade A #BookReview: The Bezzle by Cory DoctorowThe Bezzle (Martin Hench #2) by Cory Doctorow
Format: eARC
Source: supplied by publisher via Edelweiss
Formats available: hardcover, paperback, ebook, audiobook
Genres: financial thriller, mystery, thriller
Series: Martin Hench #2
Pages: 240
Published by Tor Books on February 20, 2024
Purchasing Info: Author's WebsitePublisher's WebsiteAmazonBarnes & NobleKoboBookshop.orgBetter World Books
Goodreads

New York Times bestseller Cory Doctorow's The Bezzle is a high stakes thriller where the lives of the hundreds of thousands of inmates in California’s prisons are traded like stock shares.
The year is 2006. Martin Hench is at the top of his game as a self-employed forensic accountant, a veteran of the long guerrilla war between people who want to hide money, and people who want to find it. He spends his downtime on Catalina Island, where scenic, imported bison wander the bluffs and frozen, reheated fast food burgers cost 25$. Wait, what? When Marty disrupts a seemingly innocuous scheme during a vacation on Catalina Island, he has no idea he’s kicked off a chain of events that will overtake the next decade of his life.
Martin has made his most dangerous mistake trespassed into the playgrounds of the ultra-wealthy and spoiled their fun. To them, money is a tool, a game, and a way to keep score, and they’ve found their newest mark―California’s Department of Corrections. Secure in the knowledge that they’re living behind far too many firewalls of shell companies and investors ever to be identified, they are interested not in the lives they ruin, but only in how much money they can extract from the government and the hundreds of thousands of prisoners they have at their mercy.
A seething rebuke of the privatized prison system that delves deeply into the arcane and baroque financial chicanery involved in the 2008 financial crash, The Bezzle is a sizzling follow-up to Red Team Blues .

My Review:

When we met Martin Hench in the first book in his series, Red Team Blues, the ‘scam’ of the day that Marty needed to unravel – before it unraveled him – was all wrapped in the cryptocurrency shenanigans of its – and our – present day.

I say our present-day because Sam Bankman-Fried’s trial for his cryptocurrency-based fraudulent shenanigans had not yet come to pass when The Bezzle was written, but has between the point when The Bezzle was written and when it is being published next week.

So Red Team Blues was a story about now – or at least now-ish. The Bezzle is a story about then. Particularly the early 2000s, when the scam of the day was yet to be uncovered in the dot com boom that has not yet busted when we go back in time with Marty and whoever he is telling this story to. Which we never do find out and I surely wish we did.

Bezzle is a real term in economics that has never gotten the study it deserves. It’s related to the crime of embezzlement, but isn’t the embezzlement itself. Instead, it’s the time between two events; the commission of the crime and its discovery. It’s a weird sort of net-positive financial limbo, or an even stranger Schrödinger’s cat situation, where both the embezzler and their victim believe they have the money and act accordingly, only for one or the other or both to suffer a rude awakening when the crime is discovered.

Now that I’ve thought about it a bit, the story in The Bezzle is a bezzle within a bezzle in a kind of möbius strip of bezzling that doesn’t so much end as shift into a state of mutually assured destruction. A state that Marty, fortunately for him, is finally able to observe from the outside looking in, instead of either from the inside of a jail cell looking out the way that his friend Scott ends up, or up from six feet under, as the villain of this story certainly intended.

Very much like Red Team Blues, The Bezzle is a story about leverage. Not just in the financial sense, but mostly in the sense of who has power over whom, and how much they are willing to pay to exercise it.

Escape Rating A: The Bezzle is a LOT of things, all of which are fascinating and make for a compelling read, but absolutely none of which are remotely science fiction, whether it is marketed as such or not. And not that SF readers won’t enjoy The Bezzle, because they certainly will and I absolutely did.

On the surface, The Bezzle is a combination of 2000 aughts’ nostalgia, a metric buttload of social commentary about the state of the State of California and its seemingly deliberately FUBAR’d penal system, some surprisingly deep analysis of the socio-economic conditions in Steven Brust’s Vlad Taltos series, all wrapped inside a crunchy thriller coating, making it a tasty read from beginning to end.

It starts out deceptively simple, in what looks like a small time con on an equally small island. It’s even a bit silly, as no one in their right mind would think that trading in hamburgers could bring down an entire island’s economy. At least not until Marty Hench figures out that cornering the underground fast-food market on Santa Catalina Island – where fast food franchises were illegal – is more than just a small scale attempt to make a few bucks off the local craving for forbidden fruit. It’s the public front for a Ponzi scheme that is going to bankrupt the local economy. At least until Marty gives the intended suckers some hints about leverage.

And puts a price on the heads of both Marty and the friend who brought him to Catalina in the first place.

From there, the story is off to the races. And it continues racing at a breakneck pace, even through places that might bring other stories and other writers to a screeching halt – but instead detail the long and painful process of bringing a villain to his knees while still exposing and eviscerating the system that made his villainy possible.

What makes the whole thing fly – and it absolutely does fly by – is the charm of its storyteller, Martin Hench himself. Because Marty is really, really good at three things; figuring out which way the books have been cooked, making friends, and storytelling. If you are drawn in by Marty’s world-weary, wry, sarcastic but ultimately caring voice, he’ll carry you through this trip down his memory lane. And if you enjoy caper stories, Marty is a terrific companion for this madcap thrill-ride of a tale.

If Marty manages to dig another story of good friends, filthy lucre, and tech wizards behaving badly out of his capacious memory, this reader will definitely be there for it!

Review: Red Team Blues by Cory Doctorow

Review: Red Team Blues by Cory DoctorowRed Team Blues (Martin Hench) by Cory Doctorow
Format: eARC
Source: supplied by publisher via Edelweiss
Formats available: hardcover, paperback ebook, audiobook
Genres: computer history, technothriller, thriller
Series: Martin Hench #1
Pages: 213
Published by Tor Books on April 25, 2023
Purchasing Info: Author's WebsitePublisher's WebsiteAmazonBarnes & NobleKoboBookshop.orgBetter World Books
Goodreads

New York Times bestseller Cory Doctorow's Red Team Blues is a grabby next-Tuesday thriller about cryptocurrency shenanigans that will awaken you to how the world really works.
Martin Hench is 67 years old, single, and successful in a career stretching back to the beginnings of Silicon Valley. He lives and roams California in a very comfortable fully-furnished touring bus, The Unsalted Hash, that he bought years ago from a fading rock star. He knows his way around good food and fine drink. He likes intelligent women, and they like him back often enough.
Martin is a―contain your excitement―self-employed forensic accountant, a veteran of the long guerilla war between people who want to hide money, and people who want to find it. He knows computer hardware and software alike, including the ins and outs of high-end databases and the kinds of spreadsheets that are designed to conceal rather than reveal. He’s as comfortable with social media as people a quarter his age, and he’s a world-level expert on the kind of international money-laundering and shell-company chicanery used by Fortune 500 companies, mid-divorce billionaires, and international drug gangs alike. He also knows the Valley like the back of his hand, all the secret histories of charismatic company founders and Sand Hill Road VCs. Because he was there at all the beginnings. He’s not famous, except to the people who matter. He’s made some pretty powerful people happy in his time, and he’s been paid pretty well. It’s been a good life.
Now he’s been roped into a job that’s more dangerous than anything he’s ever agreed to before―and it will take every ounce of his skill to get out alive.

My Review:

Martin Hench doesn’t really believe in that saying about the best defense being a good offense. Or rather, that it may work just fine in other fields, but it doesn’t work at all in his.

Martin would describe himself as a forensic accountant. And it’s true for certain definitions of all of the words. But what Martin really does is provide leverage – and yes, that’s “leverage” in the sense of the TV series. When someone has used dirty tricks – even if said tricks are technically legal – to hide someone else’s money, Martin has the skills with money, spreadsheets and investigative techniques to figure out where that money went and get it back for you.

For 25% of the value of what gets returned. Martin is very, very good at his freelance gig.

Which is why one of his oldest and dearest friends asks Martin to clean up a terrible costly mistake. Which leads Martin into the tangled, thorny weeds of cryptocurrencies, blockchains and governmental bureaucracies determined to look the other way as long as harm gets reduced to “acceptable” levels. Meaning that their allies, agents and patsies don’t get caught with their hands in the cybersecurity cookie jar.

Martin doesn’t believe in that old saw about defenses vs. offenses because people can’t switch their mindset between being the offense – red teamers like Martin – and being on the blue team defense. From Martin’s perspective, the blue team has to be perfect 24/7/365, while the red team just needs to find one, single mistake and exploit it for all it’s worth. Usually a lot with the kind of businesses that Martin generally deals with.

But helping his friend Danny, figuring out who stole the cryptokey generating laptop that Danny should never have put together in the first place, is exactly Martin’s kind of job. An investigation into the cracks to find something hidden. It should have been an easy $250 million – or thereabouts.

When his investigation leads to three dead 20somethings and a trail of double-crosses, it becomes the kind of trouble that has Martin on the run from both the feds who want to protect their assets and the very nasty people who want to blame Martin for the doublecross.

Forcing lifelong red teamer Martin straight onto the blue team, desperate for a way to save his own life, knowing that all it will take is one mistake for it all to be over just when it’s really getting to be interesting.

Escape Rating A+: I galloped through Red Team Blues in a single sitting. It wasn’t any of the things I was expecting it to be, but it was just so damn good – and utterly compelling from the first to the last.

To the point where I seriously hope this is the start of a series (I just found out that IT IS!), because I want more of both Martin Hench’s adventures and his wryly acerbic and somewhat self-deprecative point of view.

Red Team Blues has the feel of a caper thriller. Rather like Leverage, in fact, or any thriller where the hero is running as fast as they can to get away from people who are out to get them for something they aren’t even responsible for while desperately seeking a way out of a jam that they should not even be in.

Those kinds of stories are always fun when they are done right – and Red Team Blues is absolutely done right.

What this isn’t, and what one might expect considering the author’s body of work (and that it’s published by Tor Books) is science fiction. This isn’t set in even a relatively near future. It’s now. Crypto and blockchain may not currently be in exactly the same state that they are in this story, but otherwise, it’s just now.

Which makes the whole thing just that much more fascinating, as Martin’s techniques about investigating the case and finding where the money went by mining social media and poking into publicly available information are all entirely possible. So what makes this such a compelling read is how he goes about it.

Being set in the now provides opportunities for all kinds of social and political commentary, set in Martin’s sometimes sarcastic, often world-weary, voice. In the end, I followed him because I liked him and wanted to see where he went and how he got out of the pickle that is trying to swallow him – one way or another.

So Red Team Blues is a technothriller where you don’t have to understand all the ins and outs of the techno in order to get fully immersed in the thriller. I had a ball with this one, and I hope you will too.

Martin Hench will be back next February in The Bezzle. YAY!