The Bag Lady Papers

The Bag Lady Papers

The Priceless Experience of Losing It All

Book - 2010
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Throughout her life, Alexandra Penney's worst fear was of becoming a bag lady. Even as she worked several jobs as a single mother, wrote a bestselling advice book, and became editor in chief of Self magazine, she was haunted by the image of herself alone, bankrupt, and living on the street--she even went to therapy to alleviate the worry. And then, one day, that's exactly what happened. She had taken a friend's advice and invested nearly all of her savings with Bernie Madoff. This memoir chronicles Penney's struggle to cope with the devastating financial and emotional fallout of being cheated out of her life savings and illuminates her journey back to sanity, solvency, and security.--From publisher description.
Publisher: New York : Hyperion/Voice, [2010], ©2010
Edition: First edition
ISBN: 9781401341183
Branch Call Number: 921 Penne
Description: viii, 220 pages ; 22 cm


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bibliotechnocrat Sep 03, 2015

This short book seems to generate a lot of criticism - maybe even anger. A lot of readers think Penney's privileged life somehow makes her unworthy of consideration when her life-savings are stolen by Madoff and she is suddenly faced with starting over. Okay, so she stayed in her Manhattan apartment, and kept her maid.... But she worked hard to get there, and the theft of the life she had - while the SEC buffed its nails - is nonetheless a genuine shock. Penney discovers inner reserves and finds a way to move forward. That's the point of the book, not the address of the apartment she manages to cling to.

Jun 11, 2013

I just want her to stop complaining.


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