Award-winning journalist Diana Henriques has spent her career covering financial markets, white collar crime, and market regulation. She joins Kurt and Chris to discuss her recent book, Taming the Street: The Old Guard, the New Deal, and FDR’s Fight to Regulate American Capitalism, which chronicles the decade following the 1929 stock market crash, and the men in government and in the markets who fought to provide the framework for financial regulation that we still utilize today.
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Featured in this Episode
Diana B. Henriques
Diana B. Henriques, an award-winning financial journalist, is the author of the new Taming the Street: The Old Guard, the New Deal, and FDR’s Fight to Regulate American Capitalism, and A First-Class Catastrophe: The Road to Black Monday, the Worst Day in Wall Street History, released in September 2017. She is also the author of The Wizard of Lies: Bernie Madoff and the Death of Trust, a New York Times bestseller, and three other books on business history. As a staff writer for The New York Times from 1989 to 2012 and as a contributing writer since then, she has largely specialized in investigative reporting on white-collar crime, market regulation and corporate governance.
In May 2017, HBO aired its film-length adaptation of The Wizard of Lies, with Robert De Niro in the starring role — and with Ms. Henriques playing herself as the first journalist to interview Madoff in prison. In January 2023, she was prominently featured in the Netflix docudrama series Madoff: The Monster of Wall Street, which became a global blockbuster in its first weeks.
An avid reader and reviewer of financial histories, Ms. Henriques is also the author of Fidelity’s World: The Secret Life and Public Power of the Mutual Fund Giant (1995), The White Sharks of Wall Street: Thomas Mellon Evans and The Original Corporate Raiders (2000), and The Machinery of Greed: Public Authority Abuse and What To Do About It. (1986).
Ms. Henriques was a member of a reporting team that was named a Pulitzer finalist in 2003 for its coverage of the aftermath of the Enron scandals. She was also a member of a team that won a 1999 Gerald Loeb Award for covering the near-collapse of Long Term Capital Management, a hedge fund whose troubles rocked the financial markets in September 1998.
She was one of four reporters honored in 1996 by the Deadline Club, the New York City chapter of the Sigma Delta Chi professional journalism society, for a series on how wealthy Americans legally sidestep taxes. She has explored the expansion of tax breaks, regulatory exemptions and Congressional earmarks for religious nonprofits, and helped monitor commodity markets and money market funds in the financial turmoil of late 2008.