Gretchen Morgenson
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Gretchen C. Morgenson (born January 2, 1956 in State College, Pennsylvania) is a Pulitzer Prize-winning journalist who writes the Market Watch column for the Sunday "Money & Business" section of the New York Times newspaper.
Morgenson graduated in 1976 from Saint Olaf College in Northfield, Minnesota with a B.A. degree in English and history. She went to work 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 of 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 of 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. In 1997 she authored the book Forbes Great Minds Of Business.
In May of 1998 Gretchen Morgenson became the assistant business and financial editor at the New York Times. In 2002 she was awarded the Pulitzer Prize for Beat Reporting "for her trenchant and incisive Wall Street coverage." Her writing on the conflicts of interests between financial analysts and their employers who generate income money from the companies that the analysts assess. Morgenson was part of the Times team that won the Gerald Loeb Award for their 1998 writings on the financial crisis at Long Term Capital Management.
Beginning in 2005, Morgenson has been focusing on executive compensation packages being paid by American companies that she asserts has reached levels far in excess of what can be justified to shareholders.
