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The New Yorker Radio Hour

Hernan Diaz’s “Trust,” a Novel of High Finance

The New Yorker Radio Hour

WNYC Studios and The New Yorker

Politics, Arts, News, Wnyc, Books, David, Storytelling, Society & Culture, Yorker, New, Remnick

4.26.2K Ratings

🗓️ 26 September 2023

⏱️ 21 minutes

🧾️ Download transcript

Summary

The daughter of eccentric aristocrats marries a Wall Street tycoon of dubious ethics during the Roaring Twenties. That sounds like a plot that F. Scott Fitzgerald might have written, or Edith Wharton. But “Trust,” by the writer Hernan Diaz, is very much of our time. The novel is told by four people in four different formats, which offer conflicting accounts of the couple’s life, the tycoon Andrew Bevel’s misdeeds, and his role in the crash of 1929. And though a book like “The Great Gatsby” tends to skirt around the question of how the rich make their money, Hernan Diaz puts that question at the heart of “Trust.” “What I was interested in, and this is why I chose finance capital, I wanted a realm of pure abstraction,” he tells David Remnick. Diaz was nearly unknown when “Trust,” his second novel, won the Pulitzer Prize this year.

Transcript

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0:00.0

This is The New Yorker Radio Hour, a co-production of WNYC Studios and The New Yorker.

0:09.6

This is The New Yorker Radio Hour. I'm David Remnick.

0:14.5

The daughter of eccentric aristocrats marries a Wall Street tycoon during the roaring 20s.

0:23.2

It all sounds like a book that F. Scott Fitzgerald might have written, or maybe Edith Wharton, something in the vicinity of the Great

0:27.9

Gatsby or the House of Mirth. But trust by Hernan Diaz is very much of our time. It's a novel told

0:35.0

by four different narrators who give conflicting accounts of the

0:38.7

marital life of a fictional couple and also of the tycoon's gross misdeeds and his role in the

0:44.6

crash of 1929. And while a book like Gatsby or the House of Murth tends to skirt around the

0:50.6

question of how the rich actually make their money, Hernan Diaz puts that question

0:55.6

at the very heart of trust. He's concerned with finance capitalism and how it works and what's

1:02.1

ignored along the way. The book received a Pulitzer Prize this year, and I asked Hernan

1:07.0

Diaz about the title, Trust. I wanted something that was performing what the book was also doing and saying.

1:16.7

So trust has the value of having sort of all these semantic strata.

1:23.0

You know, it's a highly layered word.

1:25.8

And it addresses the financial aspect of the novel,

1:29.1

but also what to me, above the issue of capital in the novel,

1:34.0

it speaks to the issue of confidence.

1:37.9

The novel, Trust, is sort of a gentle invitation to the reader

1:42.3

to question these tacit agreements that we all enter into every time we read a text.

1:52.1

And this is why we have four voices.

1:54.8

As I mentioned, trust isn't one linear story. It's told in four parts.

1:59.1

One part is a work of fiction, a book within a book,

...

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