Streams

Gillian Tett

Capital Markets Editor for the Financial Times

Gillian Tett appears in the following:

The Messy, Valuable World of Bitcoin

Tuesday, January 28, 2014

Today the New York Department of Financial Services begins its first of two days of hearings on digital currencies like Bitcoin. Charlie Herman, economics editor for WNYC, discusses how today's hearings could change our understanding of virtual currency. While Bitcoin may be on the rise, the currencies in emerging markets are on the decline. Gillian Tett, assistant managing editor and columnist at The Financial Times, predicted the early months of 2014 would bring this sort of turbulence.

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Easing Economic Stimulus & Protecting the Fragile Economy

Tuesday, June 25, 2013

The financial market is trying to imagine a world without the Federal Reserve system propping up the money supply. Add to that worries in China about consumer confidence and the backing of its own banks in addition to a crises in Brazil, and the summer starts to look hot and dry. Gillian Tett, assistant editor for the Financial Times, joins us to discuss Bernanke's announcement and the apparent market freak out.

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Obama and Romney Prepare for Debate in Boca Raton, Epicenter of Financial Crisis

Monday, October 22, 2012

In 1994, a group of young J.P. Morgan bankers met for a weekend retreat in the South Florida city of Boca Raton, a fateful trip during which the bankers first conceived of credit derivatives, a creative financial tool that helped hasten the recession. President Obama and Governor Romney debate in Boca Raton today. Financial Times editor Gillian Tett explores the beginning of the financial crisis.

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Backstory: This Week's G-20 Meeting

Thursday, November 03, 2011

The Group of 20 is meeting in Cannes, France, today for the beginning of its two-day summit. The atmosphere surrounding the meeting of the leaders of the world’s largest economies is very tense. Gillian Tett of the Financial Times, and New York Times business and finance correspondent Liz Alderman join us for today’s Backstory and discusses what we can expect out to come out of the summit and whether the G-20 summit can help address the Eurozone debt crisis.

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Global Markets Rally On News From Europe

Friday, October 28, 2011

Markets around the world rallied on the news that European leaders had reached an agreement to solve the Euro zone debt crisis. The Dow Jones ended the day up 339 points and stocks appear headed for their best month since 1974. Was this the equivalent of Europe avoiding a Lehman Brothers-type disaster, or was yesterday just the latest in a series of dramatic rallies followed by steep declines that we've seen in this year's up and down market?

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U.S. Credit Rating Downgrade 'Inevitable'

Tuesday, August 02, 2011

Monday’s debt ceiling deal might satisfy those rating agencies that warned of a possible downgrade of the United States' credit rating if the the parties did not end the political stalemate. But does the deal reassure agencies worried about the fundamental weaknesses of the U.S. economy? Gillian Tett, a managing editor of the Financial Times, says a downgrade is inevitable and she tells us what to expect from the different ratings agencies and how the markets will react to an impending downgrade.

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Prince William and Kate Middleton's Wedding: An Economic Boon for Britain?

Wednesday, November 17, 2010

At a time when citizens in Britain are bracing for sharp spending cuts, Prince William, the heir to the throne, proposed to his longtime girlfriend Kate Middleton. Many Britons hope the upcoming wedding will be a boost to the country's economy, with people in industries ranging from tourism to fashion and food retail reaping the financial benefits of the media storm. But some economists say royal weddings do not bring as much revenue they once did. We talk with Gillian Tett, a managing editor of the Financial Times, about the tourism revenue the wedding could bring in.

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Backstory: This Week's G-20 in Seoul

Thursday, November 11, 2010

As the meeting of the world’s 20 richest economies gets under way in Seoul, Gillian Tett, the U.S. managing editor and an assistant editor for the Financial Times, describes what leaders hope to accomplish at the G-20 summit. Plus, a look at the global reaction to last week’s announcement that the Federal Reserve would buy $600 billion in Treasury Bonds.

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One Year On: How the Financial Meltdown Began

Monday, September 07, 2009

A year ago today, the U.S. Department of the Treasury bailed out mortgage giants Fannie Mae and Freddie Mac. By the end of the week, financial behemoth Lehman Brothers had filed for bankruptcy and a global economic crisis had taken hold. We start a week of coverage that looks at the repercussions of the financial meltdown and where we're at, a year after it began.

We are joined by a roundtable of leading business journalists including Gillian Tett, capital markets editor for The Financial Times and author of “Fools Gold: How the Bold Dream of a Small Tribe at J.P. Morgan Was Corrupted by Wall Street Greed and Unleashed a Catastrophe;” Jon Hilsenrath, chief economics correspondent for The Wall Street journal; and New York Times business columnist Joe Nocera.

Listen to all the segments in this series.

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