Finance must call time on foul play

Money talks — and without tipsters, regulators have little hope of knowing what is going on

Gillian Tett/Frontline Q&A

The FT and the Frontline correspondent Martin Smith and producer Marcela Gaviria join for a discussion of Money, Power and Wall Street, the special investigation into the struggles to rescue and repair a shattered US economy following the financial crisis, being aired on the PBS network

Why ‘pedigree’ students get the best jobs

‘Academic qualifications alone are not the key to an elite job. Companies want the “polish” of extra-curricular activities’

Credit derivatives deserve a revival

Investors will need all the help — or instruments — they can find to hedge risks in the next year

Saying shhh to parents

‘Parenting at some kids’ sports games has become so intense that it has turned aggressive, if not violent’

Asset managers can fend off regulators

Hedge funds and private equity firms need to be smarter than the banks were in the crisis

The power of role models

‘Gender is not the only point of discrimination in finance or policy making today. Nor is it the most extreme’

©Charlie Bibby

Student debt ruins the American dream

There are ‘eerie parallels’ between the loan tale and subprime mortgages

What Detroit can teach us all

‘Politicians, bureaucrats and business leaders are pulling together in an unusually collaborative manner’

Healthy liquidity needed to survive shocks

If US rates suddenly rise, retail investors might flood out of bond funds

Will cyber attacks switch off the lights?

‘Power companies are now under constant, accelerating attack from troublemakers or state-sponsored players’

US fears European sequel to Lehman

Policy makers worry eurozone officials are too optimistic about dealing with a potential Grexit

A bumpy ride for New York’s drivers

‘The pothole issue reflects far more than bad weather or a lack of cash: America has a problem dealing with infrastructure’

A cryptocurrency fit for Wall Street

Bitcoin works for money transfers, legitimate and illicit

The highs (and lows) of record breaking

‘Records’ have been set for having the longest fingernails, the most tattoos, the longest session playing ‘Grand Theft Auto IV’

Deflation: the modern policy bogeyman

‘You cannot assume that falls in the price of goods and assets are the same . . . their impact can differ’

Wall Street’s finest head for the Valley

Ruth Porat’s move to Google from Morgan Stanley shows where the US economy’s power is going

A degree of creativity

‘Vocational degrees provide skills that can become outdated or be replaced by robots’

Quicksilver markets catch out the unwary

Charts imply that equities are in bubble territory comparable to patterns in 1929, 2000 and 2007

The drive to make a better car

‘Companies such as Google are creating self-driving cars — even Apple is planning one’

Ultra-low interest rates could run and run

Instead of Japanification, we should probably now switch to a new term: Europification

ABOUT GILLIAN

Gillian Tett Gillian Tett serves as US managing editor. She writes weekly columns for the Financial Times, covering a range of economic, financial, political and social issues.

In 2014, she was named Columnist of the Year in the British Press Awards and was the first recipient of the Royal Anthropological Institute Marsh Award. Her other honors include a SABEW Award for best feature article (2012), President’s Medal by the British Academy (2011), being recognized 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 June 2009 her book Fool’s Gold won Financial Book of the Year at the inaugural Spear’s Book Awards.

Tett’s past roles at the FT have included US managing editor (2010-2012), assistant editor, capital markets editor, deputy editor of the Lex column, Tokyo bureau chief, and a reporter in Russia and Brussels. Her upcoming book, to be published by Simon & Schuster in 2015, will look at the global economy and financial system through the lens of cultural anthropology.

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