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{{short description|American journalist}}
{{ Infobox Person
{{infobox person
| name = Gretchen C. Morgenson
|name=Gretchen Morgenson
| birth_date = {{birth date and age|1956|1|2}}
|birth_name=Gretchen C. Morgenson
| occupation = Journalist
|birth_date={{birth date and age|1956|1|2}}
|birth_place=[[State College, Pennsylvania]], U.S.
|education=[[St. Olaf College]] ([[Bachelor of Arts|BA]])
|occupation=Journalist
|children=1
|awards=[[Pulitzer Prize for Beat Reporting]] (2002)<br>[[Gerald Loeb Award]] (2009)
}}
}}
'''Gretchen C. Morgenson''' (born January 2, 1956) is an American [[Pulitzer Prize]]-winning [[journalist]] notable as longtime writer of the ''Market Watch'' column for the Sunday "Money & Business" section of ''[[The New York Times]]''.<ref name="Morgenson">{{cite news| url=http://topics.nytimes.com/top/reference/timestopics/people/m/gretchen_morgenson/index.html | work=The New York Times | first=Gretchen | last=Morgenson | title=Books by Gretchen Morgenson}}</ref><ref>{{cite news| url=http://timespeople.nytimes.com/view/user/10590303/activities.html | work=The New York Times| title=The New York Times - Breaking News, US News, World News and Videos}}</ref> In November, 2017, she moved from the ''Times'' to ''[[The Wall Street Journal]]''.

'''Gretchen C. Morgenson''' (born January 2, 1956) is an American, [[Pulitzer Prize]]-winning [[journalist]] notable as longtime writer of the ''Market Watch'' column for the Sunday "Money & Business" section of the ''[[New York Times]]''.<ref>{{cite news| url=http://topics.nytimes.com/top/reference/timestopics/people/m/gretchen_morgenson/index.html | work=The New York Times | first=Gretchen | last=Morgenson | title=Books by Gretchen Morgenson}}</ref><ref>{{cite news| url=http://timespeople.nytimes.com/view/user/10590303/activities.html | work=The New York Times}}</ref> In November, 2017, she moved from the ''Times'' to the ''[[Wall Street Journal]]''.


==Early life and education==
==Early life and education==
Morgenson was born January 2, 1956 in [[State College, Pennsylvania|State College]], [[Pennsylvania]]. She graduated in 1976 from [[St. Olaf College]] in [[Northfield, Minnesota]] with a [[Bachelor of Arts|B.A.]] degree in English and History.
Morgenson was born January 2, 1956, in [[State College, Pennsylvania|State College]], [[Pennsylvania]]. She graduated in 1976 from [[St. Olaf College]] in [[Northfield, Minnesota]] with a [[Bachelor of Arts|B.A.]] degree in English and History.


==Career==
==Career==
She went to work as an assistant editor with ''[[Vogue (magazine)|Vogue]]'' magazine, eventually becoming a writer and financial columnist. In 1981 she co-authored the book ''The Woman's Guide to the Stock Market'' and that same year joined the [[Wall Street]] [[stockbroker]]age, [[Dean Witter Reynolds]] where she remained until January 1984. She returned to writing on financial matters at ''[[Money (magazine)|Money]]'' magazine and in late 1986 accepted an offer from ''[[Forbes magazine]]'' to work as an editor and an investigative business writer. In mid-1993, she left ''Forbes'' magazine to become the executive editor at ''[[Worth (magazine)|Worth]]'' magazine but in September 1995 took on the job of press secretary for the [[President of the United States|Presidential]] [[U.S. presidential election, 1996|election]] campaign of [[Steve Forbes]] following which she was appointed assistant managing editor at ''Forbes'' magazine.<ref>{{cite news| url=http://topics.nytimes.com/top/reference/timestopics/people/m/gretchen_morgenson/index.html | work=The New York Times | first=Gretchen | last=Morgenson | title=Books by Gretchen Morgenson}}</ref>
She worked as an assistant editor with ''[[Vogue (magazine)|Vogue]]'' magazine, eventually becoming a writer and financial columnist. In 1981 she co-authored the book ''The Woman's Guide to the Stock Market'' and that same year joined the [[Wall Street]] [[stockbroker]]age, [[Dean Witter Reynolds]] where she remained until January 1984. She returned to writing on financial matters at ''[[Money (magazine)|Money]]'' magazine and in late 1986 accepted an offer from ''[[Forbes]]'' magazine to work as an editor and an investigative business writer. In mid-1993, she left ''Forbes'' magazine to become the executive editor at ''[[Worth (magazine)|Worth]]'' magazine but in September 1995 took on the job of press secretary for the [[President of the United States|Presidential]] [[U.S. presidential election, 1996|election]] campaign of [[Steve Forbes]] following which she was appointed assistant managing editor at ''Forbes'' magazine.<ref name="Morgenson"/>

She is married, has a son and lives in [[New York City]].<ref>{{cite news| url=http://topics.nytimes.com/top/reference/timestopics/people/m/gretchen_morgenson/index.html | work=The New York Times | first=Gretchen | last=Morgenson | title=Books by Gretchen Morgenson}}</ref>


===''The New York Times''===
===''The New York Times''===
In May 1998 Gretchen Morgenson became the assistant business and financial editor at ''[[The New York Times]]''. She has written about the conflicts of interests between [[financial analyst]]s and their employers who generate income money from the companies that the analysts assess.
In May 1998, Morgenson became the assistant business and financial editor at ''[[The New York Times]]''. She has written about the conflicts of interests between [[financial analyst]]s and their employers who generate income money from the companies that the analysts assess.


Beginning in 2005, Morgenson has been focusing on [[executive compensation]] packages being paid by American companies that she asserts have reached levels far in excess of what can be justified to shareholders.
Beginning in 2005, Morgenson has been focusing on [[executive compensation]] packages being paid by American companies that she asserts have reached levels far in excess of what can be justified to shareholders.


In 2006, Morgenson broke a story about a Wall Street analyst (Matthew Murray) who was fired shortly after he reported emails to Congress concerning potential violations of SEC regulation AC by the investment bank (Rodman & Renshaw) that he worked for at the time. The emails allegedly documented that the investment bank wouldn't let the analyst lower his rating, or have his name removed from coverage, of an investment banking client. A subsequent article by Morgenson highlighted a letter she obtained from the Senate Finance Committee in which Senator Grassley stated that the investment bank's Chairman (General [[Wesley Clark]]) had acknowledged to his staff that the analyst had been fired from the investment bank as a result of reporting the emails to Congress.<ref>{{cite web|url=http://researchindependence.org/ |title=Research Independence |publisher=Research Independence |date=2009-11-23 |accessdate=2011-12-08}}</ref>
In 2006, Morgenson broke a story about a Wall Street analyst (Matthew Murray) who was fired shortly after he reported emails to Congress concerning potential violations of SEC regulation AC by the investment bank (Rodman & Renshaw) that he worked for at the time. The emails allegedly documented that the investment bank wouldn't let the analyst lower his rating, or have his name removed from coverage, of an investment banking client. A subsequent article by Morgenson highlighted a letter she obtained from the Senate Finance Committee in which Senator Grassley stated that the investment bank's chairman (General [[Wesley Clark]]) had acknowledged to his staff that the analyst had been fired from the investment bank as a result of reporting the emails to Congress.<ref>{{cite web |url=http://researchindependence.org/ |title=Research Independence |publisher=Research Independence |date=2009-11-23 |access-date=2011-12-08 |archive-url=https://web.archive.org/web/20120206071821/http://www.researchindependence.org/ |archive-date=2012-02-06 |url-status=dead }}</ref> Rodman was subsequently fined $315,000 for “supervisory and other violations related to the interaction between the firm’s research and investment banking functions.”<ref>{{Cite web |last=Kelly |first=Bruce |date=September 16, 2012 |title=Rodman & Renshaw is on verge of shutting |url=https://www.investmentnews.com/rodman-renshaw-is-on-verge-of-shutting-46865 |website=investmentnews.com}}</ref>


In 2009, ''[[The Nation]]'' called Morgenson "The Most Important Financial Journalist of Her Generation".<ref>"The Most Important Financial Journalist of Her Generation" by Dean Starkman. ''The Nation'' July 6, 2009 [http://www.thenation.com/doc/20090706/starkman online version]</ref> In 2002 she won the Pulitzer Prize for her "trenchant and incisive" coverage of Wall Street.<ref>{{cite news| url=http://topics.nytimes.com/top/reference/timestopics/people/m/gretchen_morgenson/index.html | work=The New York Times | first=Gretchen | last=Morgenson | title=Books by Gretchen Morgenson}}</ref>
In 2009, ''[[The Nation]]'' called Morgenson "The Most Important Financial Journalist of Her Generation".<ref>"The Most Important Financial Journalist of Her Generation" by Dean Starkman. ''The Nation'' July 6, 2009 [http://www.thenation.com/doc/20090706/starkman online version]</ref> In 2002 she won the Pulitzer Prize for her "trenchant and incisive" coverage of Wall Street.<ref name="Morgenson"/> She has appeared on ''Bill Moyers Journal'',<ref>{{cite web|url=https://www.pbs.org/moyers/journal/03262010/profile.html |title=Bill Moyers Journal. Gretchen Morgenson |publisher=[[PBS]] |access-date=2011-12-08}}</ref> and ''Charlie Rose''.<ref>{{cite web |url=http://www.charlierose.com/view/interview/9174 |title=A conversation about the economic slowdown with Gretchen Morgenson (NYT) and Allan Sloan (Fortune) |publisher=Charlie Rose |access-date=2011-12-08 |archive-url=https://web.archive.org/web/20111202153326/http://www.charlierose.com/view/interview/9174 |archive-date=2011-12-02 |url-status=dead }}</ref>
She has appeared on ''Bill Moyers Journal'',<ref>{{cite web|url=https://www.pbs.org/moyers/journal/03262010/profile.html |title=Bill Moyers Journal . Gretchen Morgenson |publisher=[[PBS]] |date= |accessdate=2011-12-08}}</ref> and ''Charlie Rose''.<ref>{{cite web|url=http://www.charlierose.com/view/interview/9174 |title=A conversation about the economic slowdown with Gretchen Morgenson (NYT) and Allan Sloan (Fortune) |publisher=Charlie Rose |date= |accessdate=2011-12-08}}</ref>


===''The Wall Street Journal''===
===''The Wall Street Journal''===
In November, 2017, Wall Street Journal investigations editor Michael Siconolfi announced that Morgenson was joining that paper's investigative team as a senior special writer, working closely also with reporters in the money and investing group and the financial enterprise group.<ref>Chris Roush, [http://talkingbiznews.com/1/wsj-hires-gretchen-morgenson-of-new-york-times "WSJ hires Gretchen Morgenson of New York Times"], Talking Biz News, November 5, 2017</ref>
In November, 2017, ''Wall Street Journal'' investigations editor Michael Siconolfi announced that Morgenson was joining the paper's investigative team as a senior special writer, working closely also with reporters in the money and investing group and the financial enterprise group.<ref>Chris Roush, [http://talkingbiznews.com/1/wsj-hires-gretchen-morgenson-of-new-york-times "WSJ hires Gretchen Morgenson of New York Times"], Talking Biz News, November 5, 2017</ref>

===NBC News===

In December 2019, Morgenson left the Wall Street Journal to become senior financial reporter in [[NBC News]]'s Investigations unit.<ref>{{cite web |last1=Steinberg |first1=Brian |title=NBC News Hires Gretchen Morgenson for Investigative Unit |url=https://variety.com/2019/tv/news/nbc-news-gretchen-morgenson-investigative-unit-1203415603/ |website=Variety.com |publisher=Penske Media Corporation |access-date=8 December 2023 |date=November 25, 2019}}</ref>

==Personal life==
She is married, has a son and lives in [[New York City]].<ref name="Morgenson"/>


==Awards==
==Awards==
* 2009 [[Gerald Loeb Award]] <ref>{{cite web|url=http://www.anderson.ucla.edu/x30810.xml |title=Gretchen Morgenson &#124; UCLA Anderson School of Management |publisher=Anderson.ucla.edu |date= |accessdate=2011-12-08}}</ref>
* 2009 [[Gerald Loeb Award]] for Beat Writing for "Wall Street"<ref name="LOEB-2009">{{Cite web |url=http://www.anderson.ucla.edu/media-relations/2009/loeb-winners |title=Loeb Winners |date=June 29, 2009 |website=[[UCLA Anderson School of Management]] |access-date=February 1, 2019 |archive-url=https://web.archive.org/web/20190202154558/http://www.anderson.ucla.edu/media-relations/2009/loeb-winners |archive-date=February 2, 2019 |url-status=dead }}</ref>
* 2009 Gerld Loeb Award for Large Newspapers for "The Reckoning"<ref name="LOEB-2009" />
* 2003 Matrix Awards Hall of Fame Newspapers <ref>{{cite web |url=http://www.nywici.org/matrix-awards/hall-fame |title=Matrix Awards Hall of Fame &#124; New York Women in Communications, Inc |publisher=Nywici.org |date= |accessdate=2011-12-08 |deadurl=yes |archiveurl=https://web.archive.org/web/20111126084252/http://www.nywici.org/matrix-awards/hall-fame |archivedate=2011-11-26 |df= }}</ref>
* 2002 [[Pulitzer Prize for Beat Reporting]] "for her trenchant and incisive [[Wall Street]] coverage." <ref>{{cite web|url=http://www.pulitzer.org/biography/2002-Beat-Reporting |title=The Pulitzer Prizes &#124; Biography |publisher=Pulitzer.org |date=1956-01-02 |accessdate=2011-12-08}}</ref>
* 2003 Matrix Awards Hall of Fame Newspapers <ref>{{cite web |url=http://www.nywici.org/matrix-awards/hall-fame |title=Matrix Awards Hall of Fame &#124; New York Women in Communications, Inc |publisher=Nywici.org |access-date=2011-12-08 |url-status=dead |archive-url=https://web.archive.org/web/20111126084252/http://www.nywici.org/matrix-awards/hall-fame |archive-date=2011-11-26 }}</ref>
* 2002 [[Pulitzer Prize for Beat Reporting]] "for her trenchant and incisive [[Wall Street]] coverage."<ref>{{cite web|url=http://www.pulitzer.org/biography/2002-Beat-Reporting |title=The Pulitzer Prizes &#124; Biography |publisher=Pulitzer.org |date=1956-01-02 |access-date=2011-12-08}}</ref>
* 1998 [[Gerald Loeb Award]] for ''New York Times'' writings on the financial crisis at [[Long Term Capital Management]].
* 2002 Gerald Loeb Award for Commentary<ref name=LOEB-Winners>{{cite web|title=Historical Winners List|url=https://www.anderson.ucla.edu/news-and-events/signature-events/gerald-loeb-awards/winners/historical-winners|website=[[UCLA Anderson School of Management]]|access-date=January 31, 2019}}</ref>


==Bibliography==
==Bibliography==
Line 39: Line 49:
*''The Capitalist's Bible: The Essential Guide to Free Markets—And Why They Matter to You'', HarperCollins, 2009 {{ISBN|978-0-06-156098-9}}
*''The Capitalist's Bible: The Essential Guide to Free Markets—And Why They Matter to You'', HarperCollins, 2009 {{ISBN|978-0-06-156098-9}}
*''Reckless Endangerment: How Outsized Ambition, Greed, and Corruption Led to Economic Armageddon'', with Joshua Rosner, [[Times Books]], 2011, {{ISBN|0-8050-9120-3}}
*''Reckless Endangerment: How Outsized Ambition, Greed, and Corruption Led to Economic Armageddon'', with Joshua Rosner, [[Times Books]], 2011, {{ISBN|0-8050-9120-3}}
*''These are the Plunderers: How Private Equity Runs—and Wrecks—America'', [[Simon & Schuster]], 2023, {{ISBN|978-1-98-219128-3}}


==References==
==References==
Line 45: Line 56:
==External links==
==External links==
*{{NYTtopic|people/m/gretchen_morgenson}}
*{{NYTtopic|people/m/gretchen_morgenson}}
*{{C-SPAN|gretchenmorgenson}}
*{{C-SPAN|1003067}}
**[http://www.c-span.org/video/?306372-1/qa-gretchen-morgenson C-SPAN ''Q&A'' interview with Morgenson, July 1, 2012]
**[http://www.c-span.org/video/?306372-1/qa-gretchen-morgenson C-SPAN ''Q&A'' interview with Morgenson, July 1, 2012]
**[http://www.pulitzer.org/winners/6933 Morgenson's Pulitzer Prize entry]
**[http://www.pulitzer.org/winners/6933 Morgenson's Pulitzer Prize entry]
*{{IMDb name|4016261}}
*{{IMDb name|4016261}}
*[https://www.cjr.org/the_audit/audit_interview_gretchen_morge.php "Audit Interview: Gretchen Morgenson"], ''[[Columbia Journalism Review]]'', Ryan Chittum, January 9, 2009
*{{Worldcat id|lccn-n82-87925}}
*[http://www.cjr.org/the_audit/audit_interview_gretchen_morge.php "Audit Interview: Gretchen Morgenson"], ''[[Columbia Journalism Review]]'', Ryan Chittum, January 9, 2009


{{GeraldLoebAward Columns, Commentary, and Editorials}}
{{GeraldLoebAward Deadline and Beat Reporting}}
{{GeraldLoebAward Large Newspapers}}
{{PulitzerPrize Beat Reporting}}
{{Authority control}}
{{Authority control}}


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[[Category:American columnists]]
[[Category:American columnists]]
[[Category:American finance and investment writers]]
[[Category:American finance and investment writers]]
[[Category:Gerald Loeb Award winners]]
[[Category:Gerald Loeb Award winners for Large Newspapers]]
[[Category:Gerald Loeb Award winners for Columns, Commentary, and Editorials]]
[[Category:Gerald Loeb Award winners for Deadline and Beat Reporting]]
[[Category:People from State College, Pennsylvania]]
[[Category:People from State College, Pennsylvania]]
[[Category:Pulitzer Prize for Beat Reporting winners]]
[[Category:Pulitzer Prize for Beat Reporting winners]]
[[Category:St. Olaf College alumni]]
[[Category:St. Olaf College alumni]]
[[Category:Stockbrokers]]
[[Category:American stockbrokers]]
[[Category:The New York Times columnists]]
[[Category:The New York Times columnists]]
[[Category:American women columnists]]
[[Category:Writers from Pennsylvania]]
[[Category:Writers from Pennsylvania]]
[[Category:American women journalists]]
[[Category:20th-century American women journalists]]
[[Category:Women columnists]]
[[Category:20th-century American journalists]]
[[Category:20th-century American women writers]]
[[Category:21st-century American women journalists]]
[[Category:21st-century American journalists]]
[[Category:21st-century American women writers]]

Latest revision as of 03:07, 20 June 2024

Gretchen Morgenson
Born
Gretchen C. Morgenson

(1956-01-02) January 2, 1956 (age 68)
EducationSt. Olaf College (BA)
OccupationJournalist
Children1
AwardsPulitzer Prize for Beat Reporting (2002)
Gerald Loeb Award (2009)

Gretchen C. Morgenson (born January 2, 1956) is an American Pulitzer Prize-winning journalist notable as longtime writer of the Market Watch column for the Sunday "Money & Business" section of The New York Times.[1][2] In November, 2017, she moved from the Times to The Wall Street Journal.

Early life and education

[edit]

Morgenson was born January 2, 1956, in State College, Pennsylvania. She graduated in 1976 from St. Olaf College in Northfield, Minnesota with a B.A. degree in English and History.

Career

[edit]

She worked as an assistant editor with Vogue magazine, eventually becoming a writer and financial columnist. In 1981 she co-authored the book The Woman's Guide to the Stock Market and that same year joined the Wall Street stockbrokerage, Dean Witter Reynolds where she remained until January 1984. She returned to writing on financial matters at Money magazine and in late 1986 accepted an offer from Forbes magazine to work as an editor and an investigative business writer. In mid-1993, she left Forbes magazine to become the executive editor at Worth magazine but in September 1995 took on the job of press secretary for the Presidential election campaign of Steve Forbes following which she was appointed assistant managing editor at Forbes magazine.[1]

The New York Times

[edit]

In May 1998, Morgenson became the assistant business and financial editor at The New York Times. She has written about the conflicts of interests between financial analysts and their employers who generate income money from the companies that the analysts assess.

Beginning in 2005, Morgenson has been focusing on executive compensation packages being paid by American companies that she asserts have reached levels far in excess of what can be justified to shareholders.

In 2006, Morgenson broke a story about a Wall Street analyst (Matthew Murray) who was fired shortly after he reported emails to Congress concerning potential violations of SEC regulation AC by the investment bank (Rodman & Renshaw) that he worked for at the time. The emails allegedly documented that the investment bank wouldn't let the analyst lower his rating, or have his name removed from coverage, of an investment banking client. A subsequent article by Morgenson highlighted a letter she obtained from the Senate Finance Committee in which Senator Grassley stated that the investment bank's chairman (General Wesley Clark) had acknowledged to his staff that the analyst had been fired from the investment bank as a result of reporting the emails to Congress.[3] Rodman was subsequently fined $315,000 for “supervisory and other violations related to the interaction between the firm’s research and investment banking functions.”[4]

In 2009, The Nation called Morgenson "The Most Important Financial Journalist of Her Generation".[5] In 2002 she won the Pulitzer Prize for her "trenchant and incisive" coverage of Wall Street.[1] She has appeared on Bill Moyers Journal,[6] and Charlie Rose.[7]

The Wall Street Journal

[edit]

In November, 2017, Wall Street Journal investigations editor Michael Siconolfi announced that Morgenson was joining the paper's investigative team as a senior special writer, working closely also with reporters in the money and investing group and the financial enterprise group.[8]

NBC News

[edit]

In December 2019, Morgenson left the Wall Street Journal to become senior financial reporter in NBC News's Investigations unit.[9]

Personal life

[edit]

She is married, has a son and lives in New York City.[1]

Awards

[edit]

Bibliography

[edit]
  • The Woman's Guide to the Stock Market, Barbara Lee, Gretchen Morgenson, Harmony Books, 1982, ISBN 978-0-517-54622-2
  • Forbes Great Minds Of Business, John Wiley, 1997, ISBN 978-0-471-19652-5
  • The Capitalist's Bible: The Essential Guide to Free Markets—And Why They Matter to You, HarperCollins, 2009 ISBN 978-0-06-156098-9
  • Reckless Endangerment: How Outsized Ambition, Greed, and Corruption Led to Economic Armageddon, with Joshua Rosner, Times Books, 2011, ISBN 0-8050-9120-3
  • These are the Plunderers: How Private Equity Runs—and Wrecks—America, Simon & Schuster, 2023, ISBN 978-1-98-219128-3

References

[edit]
  1. ^ a b c d Morgenson, Gretchen. "Books by Gretchen Morgenson". The New York Times.
  2. ^ "The New York Times - Breaking News, US News, World News and Videos". The New York Times.
  3. ^ "Research Independence". Research Independence. 2009-11-23. Archived from the original on 2012-02-06. Retrieved 2011-12-08.
  4. ^ Kelly, Bruce (September 16, 2012). "Rodman & Renshaw is on verge of shutting". investmentnews.com.
  5. ^ "The Most Important Financial Journalist of Her Generation" by Dean Starkman. The Nation July 6, 2009 online version
  6. ^ "Bill Moyers Journal. Gretchen Morgenson". PBS. Retrieved 2011-12-08.
  7. ^ "A conversation about the economic slowdown with Gretchen Morgenson (NYT) and Allan Sloan (Fortune)". Charlie Rose. Archived from the original on 2011-12-02. Retrieved 2011-12-08.
  8. ^ Chris Roush, "WSJ hires Gretchen Morgenson of New York Times", Talking Biz News, November 5, 2017
  9. ^ Steinberg, Brian (November 25, 2019). "NBC News Hires Gretchen Morgenson for Investigative Unit". Variety.com. Penske Media Corporation. Retrieved 8 December 2023.
  10. ^ a b "Loeb Winners". UCLA Anderson School of Management. June 29, 2009. Archived from the original on February 2, 2019. Retrieved February 1, 2019.
  11. ^ "Matrix Awards Hall of Fame | New York Women in Communications, Inc". Nywici.org. Archived from the original on 2011-11-26. Retrieved 2011-12-08.
  12. ^ "The Pulitzer Prizes | Biography". Pulitzer.org. 1956-01-02. Retrieved 2011-12-08.
  13. ^ "Historical Winners List". UCLA Anderson School of Management. Retrieved January 31, 2019.
[edit]