Gillian Tett

Gillian Tett (born 10 July 1967) is a British author and journalist at the Financial Times, where she is a markets and finance columnist and U.S. Managing Editor. She has written about the financial instruments that were part of the cause of the financial crisis that started in the fourth quarter of 2007, such as CDOs, credit default swaps, SIVs, conduits, and SPVs. She became renowned for her early warning that a financial crisis was looming.

Education

Tett was educated at the North London Collegiate School, an independent school for girls in Edgware, in the London Borough of Harrow in northwest London, during which time, at the age of 17, she worked for a Pakistani nonprofit.

After leaving school, she went up to Clare College at the University of Cambridge, where she earned a PhD in Social Anthropology based on field research in Tajikistan in the former Soviet Union. She expressed frustration with an academic anthropology that in her view has been committing "intellectual suicide" and decided instead to pursue a career in journalism.

Financial Times

The Financial Times (FT) is an English-language international daily newspaper with a special emphasis on business and economic news.

The paper, published by Nikkei in London, was founded in 1888 by James Sheridan and Horatio Bottomley, and merged with its closest rival, the Financial News (which had been founded in 1884) in 1945.

The Financial Times has an average daily readership of 2.2 million people worldwide (PwC audited figures, November 2011). FT.com has 4.5 million registered users and over 285,000 digital subscribers, as well as 600,000 paying users. FT Chinese has more than 1.7 million registered users. The world editions of the Financial Times newspaper had a combined average daily circulation of 234,193 copies (88,000 for the UK edition), for January 2014. In February 2014 the world editions, combined, of the Financial Times sold 224,000 copies. In October 2013, the combined paid print and digital circulation of the Financial Times reached nearly 629,000 copies (282,000 for print and 387,000 for online sales), the highest circulation in its 125-year history.As of August 2014, print sales for the paper (all editions combined) stand at 210,182.

Managing editor

A Managing Editor is a senior member of a publication's management team. The Managing Editor (ME) reports directly to the Editor in Chief and oversees all aspects of the publication.

United States

In the United States, a Managing Editor oversees and coordinates the publication's editorial activities. The Managing Editor can hire, fire, or promote staff members. Other responsibilities include creating and enforcing deadlines. Most Section Editors will report to the Managing Editor. The ME must enforce policies set by the Editor In Chief. It is their job to approve stories for print or final copy. On matters of controversy, the ME decides whether or not to run controversial pieces.

United Kingdom

In the United Kingdom a Managing Editor tends to manage budget, staffing, and scheduling for a publication, and may have equivalent ranking to a Deputy Editor in the organization's structure.

Television

The title also applies to the evening televised newscasts, such as those on ABC, CNN, CBS, NBC, PBS, and the FOX News Channel. The anchors of these newscasts also work as the Managing editor of their newscasts. Responsibilities vary in different companies.

Gillian

Gillian (variant Jillian) is an English feminine given name, frequently shortened to Gill. It originates as a feminine form of the name Julian. It is also in use as a surname.

Notable people with the name include:

Given name

Executive officer

An executive officer (often abbreviated XO) is generally a person responsible for running an organization, although the exact nature of the role varies depending on the organization.

Administrative law

While there is no clear line between executive or principal and inferior officers, principal officers are high-level officials in the executive branch of U.S. government such as department heads of independent agencies. In Humphrey's Executor v. United States, 295 U.S. 602 (1935), the Court distinguished between executive officers and quasi-legislative or quasi-judicial officers by stating that the former serve at the pleasure of the president and may be removed at his discretion. The latter may be removed only with procedures consistent with statutory conditions enacted by Congress. The decision by the Court was that the Federal Trade Commission was a quasi-legislative body because of other powers it had, and therefore the president could not fire an FTC member for political reasons. Congress can’t retain removal power over officials with executive function (Bowsher v. Synar). However, statutes can restrict removal if not purely executive (Humphrey’s executor), but can't restrict removal of purely executive officer (Myers v. United States, 272 U.S. 52 (1926)). The standard is whether restriction "impedes the president’s ability to perform his constitutional duty" (Morrison v. Olson, 487 U.S. 654 (1988)).