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Pulitzer winner  returning Oxford

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By Katie Rico, Contributing Writer 6:56 PM Sunday, November 15, 2009

OXFORD — Award winning New York Times columnist and assistant business and financial editor Gretchen Morgenson will visit Oxford to speak on economic matters at Miami University on Tuesday, Nov. 17.

Her speech, “The Financial Crisis: One Year Later,” will be at 2 p.m. in Benton Hall 102.

Morgenson, who attended junior high and high school in Oxford, said her speech would address how the nation got into this economic mess and the events that led up to the downturn.

“I think a lot of people are very confused even now because we have not really had an authoritative stem to stern investigation on what went wrong,” she said.

Morgenson, called “the most important financial journalist of her generation” by “The Nation” journalist Dean Starkman, hopes to clear up that confusion by outlining for her audience what has gone on over the past year.

Since the economic crisis began, Morgenson has written stories unraveling scandal at American International Group and Washington Mutual. She and her colleagues at The Times also have focused on rating agencies’ contributions to the crisis and have published articles warning readers of the subprime mortgage disaster.

Through her investigations, Morgenson has discovered and made known some of the main reasons for our economic downfall, but in recent months she also has been able to see that our economy is slowly recovering.

“With the help of taxpayer dollars deployed by the government, things have definitely stabilized. We were pulled back from the brink with a lot of failures and it’s definitely better than it was, but we are not completely out of the woods,” she said.

A 2002 Pulitzer Prize winner, Morgenson has been covering world financial markets since joining The New York Times in 1998.

She began her journalism career at Vogue magazine in 1976 after earning a degree in English and history from Saint Olaf College in Minnesota. Morgenson went on to work as a stockbroker for Dean Witter Reynolds and a staff writer for Money magazine before working as an investigative reporter and editor at Forbes magazine in 1986. She left Forbes for a short stint to become executive editor of Worth magazine from 1993 to 1995, but then returned there until starting her career with The New York Times.

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