Gillian Tett Explained
Gillian Romaine Tett (born 10 July 1967) is a British author and journalist. She is the chair of the editorial board for the Financial Times, jointly serving as its U.S. editor-at-large.[3] [4] She writes weekly columns, covering a range of economic, financial, political and social issues. Tett co-founded Moral Money, the paper's sustainability newsletter.
Her work covering the Global Financial Crisis of 2007-08[5] [6] received extensive media attention for its prescient coverage of the financial instruments that led to the crisis.[7] Tett was appointed the provost of King's College, Cambridge in October 2023.[8]
Early life and education
Tett was born on 10 July 1967.[9] She was educated at the North London Collegiate School, an independent school for girls in Edgware, in the London Borough of Harrow in northwest London,[10] during which time, at the age of 17, she worked for a Pakistani nonprofit.[11]
After leaving school, Tett studied at Clare College, Cambridge, graduating in 1989 with a Bachelor of Arts (BA) degree in Archaeology and Anthropology.[12] [13] She then undertook a Doctor of Philosophy (PhD) degree in Social Anthropology based on field research in Tajikistan in the former Soviet Union.[14] Her doctoral thesis was titled "Ambiguous alliances: marriage and identity in a Muslim village in Soviet Tajikstan".[15] She expressed frustration with an academic anthropology career that in her view was like committing "intellectual suicide"[11] and decided instead to pursue a career in journalism.[16]
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 Lex column.[17] [18] [19] [20] 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.[21] [22] She is also the chairwoman of the board of trustees for the Knight–Bagehot Fellowship in Economics and Business Journalism with Columbia University.
From 2005 to 2007, Tett conducted ethnographic research on the American banking institution 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 a series of articles in the Financial Times between 2006-07, she wrote about the dangers posed by securitization and financial derivatives, and the unreliability of credit rating agencies.[23] [24] [25] [26] Her 2009 book Fool's Gold: How the Bold Dreams of a Small Tribe at J.P. Morgan Was Corrupted by Wall Street Greed and Unleashed a Catastrophe 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.[11] The book was widely reviewed throughout the English-speaking world[27] [28] and won the Spear's Book Award for the financial book of 2009.[29] [30]
Anthro-Vision, a New Way to See in Life and Business, published in June 2021, concerns the behaviour of organizations, individuals, and markets by looking through an anthropological lens.
King's College, Cambridge
In February 2023, her election was announced as the next Provost of King's College, Cambridge.[31] She took up the post in October 2023 in succession to Professor Michael Proctor.[32]
Personal life
Tett lives in London, England and has two children.[33] Tett was appointed Officer of the Order of the British Empire (OBE) in the 2024 New Year Honours for services to economic journalism.
Awards and honours
- 2007, Wincott prize for financial journalism (capital markets coverage)[34]
- 2008, Business Journalist of the Year, British Press Awards[35]
- 2009, Journalist of the Year, British Press Awards[36]
- 2009, Financial Book of the Year (for Fool's Gold)[37] [38]
- 2011, President's Medal of the British Academy.[39]
- 2012, Business Communicator of the Year, UK Speechwriters' Guild
- 2012, Society of American Business Editors and Writers Award for best feature article, for Madoff spins his story
- 2013, Honorary doctorate, Baruch College of the City University of New York[40]
- 2014, Columnist of the Year, British Press Awards
- 2015, Honorary degree, Lancaster University[41]
- 2016, Honorary degree, University of Exeter.[42]
- 2016, Honorary degree, University of Miami[43] [44]
- 2017, Honorary fellowship, Goldsmiths, University of London.[45]
- 2017, Tepper School of Business Award for Professional Excellence, Carnegie Mellon University[46]
- 2017, Foreign Commentator of the Year, Editorial Intelligence
- 2019, Best in Business Honorees, Newsletter, Moral Money https://sabew.org/2019-best-in-business-honorees/
- 2020, Winner, Newsletter Category, Moral Money
Books
- Saving the Sun: How Wall Street Mavericks Shook Up Japan's Financial World and Made Billions, 2004 .
- Fool's Gold: How Unrestrained Greed Corrupted a Dream, Shattered Global Markets and Unleashed a Catastrophe
- Alternate Title: Fool's Gold: How the Bold Dreams of a Small Tribe at J.P. Morgan Was Corrupted by Wall Street Greed and Unleashed a Catastrophe, 2010)
- The Silo Effect: The Peril of Expertise and the Promise of Breaking Down Barriers, 2015
- Anthro-Vision: A New Way to See in Business and Life, 2021
Notes and References
- Web site: Tett, Gillian. 27 September 2014.
- Web site: Financial Times appoints Gillian Tett US managing editor. Financial Times. 27 September 2014. 14 October 2014. https://web.archive.org/web/20141014020745/http://aboutus.ft.com/2014/05/15/financial-times-appoints-gillian-tett-us-managing-editor-2/#axzz3EKjnV4Hd/. dead.
- Web site: Financial Times appoints Gillian Tett US managing editor. Financial. Financial Times. 27 September 2014. 14 October 2014. https://web.archive.org/web/20141014020745/http://aboutus.ft.com/2014/05/15/financial-times-appoints-gillian-tett-us-managing-editor-2/#axzz3EKjnV4Hd/. dead.
- Web site: Mete . Thomas . 4 February 2023 . Journalist Gillian Tett Touts Insight from Anthropology at Harvard . 6 January 2024 . The Harvard Crimson.
- News: All Those Arrows. Donald. MacKenzie. 25 June 2009. 24 July 2009. London Review of Books.
- News: Why journalism matters: Lionel Barber's speech in full. 16 July 2009. 24 July 2009. Press Gazette. Lionel. Barber. 16 June 2011. https://web.archive.org/web/20110616183832/http://www.pressgazette.co.uk/story.asp?storycode=43985. dead.
- News: Why didn't the City journalists see the financial crisis coming?. James. Robinson. 12 October 2008. 24 July 2009. The Guardian.
- Web site: Gillian Tett elected as next Provost at King's . 2023-02-10 . King's College Cambridge . en.
- News: Birthdays . . 31 . 10 July 2014 .
- http://www.nlcs.org.uk/767/old-north-londoners/news-and-notables/accomplished-onls Accomplished ONLS – Distinguished ONLS List
- McKenna, Brian (2011):Bestselling Anthropologist "Predicted" Financial Meltdown of 2008, Society for Applied Anthropology Newsletter
- Book: Tett, Gillian . Gillian Tett . 2021 . Anthro-Vision: A New Way to See in Business and Life . Penguin Books . 13.
- Web site: Tett, Gillian Romaine, (born 10 July 1967), US Managing Editor, Financial Times, 2010–12 and since 2014 . . Oxford University Press . 13 February 2023 . en . 1 December 2021.
- Web site: Take Three . 2009 . 31 March 2010 . . Dina . Medland . dead . https://web.archive.org/web/20110716063034/http://www.alumni.cam.ac.uk/uploads/File/CAM57/Cam57.pdf . 16 July 2011 . dmy .
- Web site: Tett . Gillian . Ambiguous alliances: marriage and identity in a Muslim village in Soviet Tajikstan. . E-Thesis Online Service . The British Library Board . 13 February 2023 . 1996.
- Web site: Saving the Sun: Shinsei and the Battle for Japan's Future. February 2004. Book launch event – author biography. The Daiwa Anglo Japanese Foundation. 27 July 2009.
- Web site: HM Treasury. 19 May 1997. 27 July 2009. Barclays Chief Executive to Spearhead Task Force on Tax and Benefits.
- News: Financial Times doubles coverage of Lex column. Daniel. Farey-Jones. Brand Republic. 26 September 2005. 27 July 2009.
- News: FT's Lex expands. 30 September 2007. 27 July 2009. Jean. Morgan. Press Gazette.
- News: WSJ To Sever Ties With Breakingviews; Selling Its Minority Stake?. Rafat. Ali. 6 June 2008. 27 July 2009. Paidcontent.org.
- Web site: Gillian Tett profile. 24 July 2009.
- Web site: Financial Times appoints Gillian Tett US managing editor. Financial Times. 27 September 2014. 14 October 2014. https://web.archive.org/web/20141014020745/http://aboutus.ft.com/2014/05/15/financial-times-appoints-gillian-tett-us-managing-editor-2/#axzz33UCiCa93. dead.
- News: 2006-11-30 . Financial wizards' debt to ratings agencies . Financial Times . 2023-10-19.
- Web site: Elaborate debt deals spread risk but distort the data Financial Times . 2023-10-15 . www.ft.com.
- Web site: Failing grades? Financial Times . 2023-10-15 . www.ft.com.
- News: On the money. Laura. Barton. 31 October 2008. 24 July 2009. The Guardian.
- News: Murali . D. . 19 July 2009 . Money, a vital fluid that must flow freely . 27 July 2009 . The Hindu.
- News: Sunderland . Ruth . 7 June 2009 . They had parties, we got the hangover . 27 July 2009 . The Guardian.
- News: Allentuck . Andrew . 3 July 2009 . Imaginary money . 27 July 2009 . The Globe and Mail.
- News: Barrett . Paul M. . 12 June 2009 . Rewriting the Rules . 27 July 2009 . The New York Times.
- Web site: Catz and King's announce new college heads . 2023-02-10 . Varsity Online . en.
- Web site: Gillian Tett elected as next Provost at King's . 2023-02-10 . King's College Cambridge . en.
- Web site: The 60-second interview: Gillian Tett, U.S. Managing editor, Financial Times . . 14 May 2015 .
- Web site: Press & Broadcasting Awards List of Winners: Senior Financial Journalist. The Wincott Foundation. 27 July 2009. 6 October 2011. https://web.archive.org/web/20111006124557/http://www.wincott.co.uk/sfj.htm. dead.
- News: British Press Awards 2008: The full list of winners . . 8 April 2008 . 27 July 2009 . dead . https://web.archive.org/web/20081217031939/http://www.pressgazette.co.uk/story.asp?storycode=40813 . 17 December 2008 . dmy .
- News: British Press Awards 2009: The full list of winners . 1 April 2009 . 27 July 2009 . . dead . https://web.archive.org/web/20081217031939/http://www.pressgazette.co.uk/story.asp?storycode=40813 . 17 December 2008 . dmy .
- News: Fool's Gold, By Gillian Tett. Stephen. Foley. 1 May 2009. 24 July 2009. The Independent.
- Web site: Spear's Book Awards: Winners. Spear's Wealth Management Survey. 27 July 2009. https://web.archive.org/web/20131017152421/http://www.spearswms.com/good-life/books/12452/spears-book-awards-winners.thtml. 17 October 2013. dead.
- Web site: The British Academy President's Medal. British Academy. 23 July 2017.
- Web site: Colleges announce commencement speakers @insidehighered. 27 September 2014.
- Web site: FT's Gillian Tett receives honorary degree. Lancaster University. 21 July 2015. 22 December 2017.
- Web site: Honorary graduates 2016-17, Gillian Tett (DLitt). University of Exeter. 2016. 22 December 2017. 28 December 2017. https://web.archive.org/web/20171228232308/http://www.exeter.ac.uk/honorarygraduates/honorarygraduates/ceremony11/. dead.
- Web site: Honorary Degree Recipients. University of Miami. 2017. 22 December 2017.
- Web site: Gillian Tett. Commencement speech for University of Miami "Connecting the dots in a dangerous fragmented world". University of Miami. 6 May 2016. 22 December 2017.
- Web site: Pete Wilson. Goldsmiths Fellowships for stars who inform, engage, and entertain. Goldsmiths, University of London. 21 December 2017. 22 December 2017.
- Web site: CMU Commencent and TepperSchool Diploma Ceremonies Honored Graduates and Faculty. Carnegie Mellon University. 2017. 22 December 2017. 28 December 2017. https://web.archive.org/web/20171228232322/https://tepper.cmu.edu/news/stories/2017/05/2017-05-24-commencement-wrap-up. dead.