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The story is a drama about ambition, racism, social class, politics, and greed in 1980s New York City, and centers on three main characters: WASP bond trader Sherman McCoy, Jewish assistant district attorney Larry Kramer, and British expatriate journalist Peter Fallow. The novel was originally conceived as a serial in the style of Charles Dickens' writings: It ran in 27 installments in Rolling Stone starting in 1984. Wolfe heavily revised it before it was published in book form. It has often been called the quintessential novel of the 1980s.