Midas Touch

In his review of FT, Assistant Editor Gillian Tett's new book Fools Gold, Howard Davies makes the following observation on her 'academic identity': 

The best journalism, they say, is the first draft of history. There is no doubt that Tett’s reporting of the securitisation market is in that category. Her background in anthropology has given her insight into the human dimension (OK, they are bankers, but prick them and they bleed) of the crisis, to add depth to her understanding of the statistical quirks of the Gaussian cupolas, the model for pricing credit derivatives.

An approving commentary on a journalist who has done much to expose the inner workings of the investment banks over the past few years.