Citizenship British Children Two daughters | Name Gillian Tett Role Author | |
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Books Saving the Sun: A Wall Street Ga, Fool's Gold: How Unrestrai, Fool's Gold: How the Bold, Fracture: The Silo Effect and, The Silo Effect: The Peril of E Profiles | ||
Gillian tett why smart people make dumb decisions
Gillian Tett (born 10 July 1967) is a British author and journalist at the Financial Times, where she is a markets and finance columnist and U.S. Managing Editor. She has written about the financial instruments that were part of the cause of the financial crisis that started in the fourth quarter of 2007, such as CDOs, credit default swaps, SIVs, conduits, and SPVs. She became renowned for her early warning that a financial crisis was looming.
Contents
- Gillian tett why smart people make dumb decisions
- Gillian tett on trump and transparency opinion
- Education
- Life and career
- Fools Gold
- C SPAN
- Awards and recognition
- Personal life
- List of awards
- Books
- References
Gillian tett on trump and transparency opinion
Education
Tett was educated at the North London Collegiate School, an independent school for girls in Edgware, in the London Borough of Harrow in northwest London, during which time, at the age of 17, she worked for a Pakistani nonprofit.
After leaving school, she went up to Clare College, Cambridge, where she earned a PhD in Social Anthropology based on field research in Tajikistan in the former Soviet Union. She expressed frustration with an academic anthropology that in her view has been committing "intellectual suicide" and decided instead to pursue a career in journalism.
Life and career
In 1993, Tett joined the Financial Times as a correspondent from the former Soviet Union and Europe. In 1997, she was posted to Tokyo, where she later became bureau chief. In 2003, she became deputy head of the influential Lex column. Tett was then U.S. managing editor at the FT, before working as an assistant editor and columnist before returning to the U.S. Managing Editor position. She is also the chairwoman of the board of trustees for the Knight–Bagehot Fellowship in Economics and Business Journalism with Columbia University.
During the years 2005–2007, Tett applied her skills in ethnographic research to J.P. Morgan and discovered that the insular culture was leading to the creation of financial instruments that had little basis and that could cause severe economic disruption. In 2006, she predicted the financial crisis. Her 2009 book Fool's Gold recounts the lead-up to the economic crisis and the eventual collapse. She also played a significant role in the 2010 documentary Inside Job about the financial crisis of 2008.
Fool's Gold
Tett's 2009 book Fool's Gold: How Unrestrained Greed Corrupted a Dream, Shattered Global Markets and Unleashed a Catastrophe was widely reviewed throughout the English-speaking world and won the Spear's Book Award for the financial book of 2009.
C-SPAN
In 2010 Tett interviewed author Sebastian Mallaby on C-SPAN about his book More Money Than God: Hedge Funds and the Making of a New Elite providing a very clear image of hedge funds. Mallaby introduced "James Simons, founder of the Renaissance Technologies hedge fund and arguably the most successful investor of all time" but who was virtually unknown in 2010.
Awards and recognition
In 2014, Tett was named Columnist of the Year in the British Press Awards, with judges describing her column as “provocative, revealing, often counter-intuitive” and commending her for covering “a gloriously eclectic range of themes”. In 2012, she received a Society of American Business Editors and Writers (SABEW) Award for best feature article, “Madoff spins his story”.
Her other awards include being recognised as Journalist of the Year (2009) and Business Journalist of the Year (2008) by the British Press Awards, and as Senior Financial Journalist of the Year (2007) by the Wincott Awards.
In 2010 The Daily Beast asked "Is Gillian Tett The Most Powerful Woman in Newspapers?"
In 2011, she was awarded the President's Medal by the British Academy.
On 30 May 2013 Tett was awarded an honorary doctorate and gave the commencement address at the graduation ceremonies of Baruch College of the City University of New York.
Personal life
Tett is a single parent of two daughters.