When a fax from a funeral home alerts him to the death of one James Bradley Stomarti, the first thing he notices is the age at which Stomarti died in a diving accident: 36. Then it dawns on him that Stomarti is the rock musician Jimmy Stoma, of Jimmy and the Slut Puppies, one of whose singles, Basket Case ("My baby is a basket case, a bipolar mama in leather and lace"), from the album Floating Hospice, gives the novel its title. Scenting a story, he scoots off to interview the widow, Cleo Rio, known for the video of her one song, Me, in which she revealed all; and soon, in the company of his 27-year-old editor - Hendrix, Joplin, Jones, Morrison, Cobain all died at 27, he remembers - Emma, with whom a non-professional relationship quickly develops, he's in hot pursuit of Jimmy's last album and battling with an assortment of murderous thugs.