Gillian Tett

speaker

1,226 appearances 12 recordings 1 series first heard May 2026 last heard 2 Sep

Gillian Tett’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months

Recordings per month over the last 12 months — 12 in all, peaking in Jul 2026 with 4.

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The Story of Money · The ‘Sheriff of Wall Street’ who exposed bankers’ lies · 26 Aug 2026 podcast

Well, Spoiling for a Fight is a great title and it also explains why we're talking about this right now because one of the questions is, do we need another big fight today?

So, welcome to the story of money from the Financial Times with me, Gillian Tet.

So we know how Elliot Spitzer's story ends.

Plot twist, spoiler, in an embarrassing sex scandal.

But when Spitzer's career first took off in the early 2000s, he was seen as a white knight and was very popular with the public.

And taking on Wall Street as he did later requires a lot of guts.

So Brooke, tell us where did Spitzer come from and why did he feel this burning need to go to war with Wall Street?

Wow.

Sounds a bit like a version of the sopranos, but with a rather positive twist at the

So that required a lot of ta guts and tenacity because a lot of people after losing so badly would have just said, Hey, let us go and work for Goldman Sachs or some big law firm or have a nice cushy life, particularly given his pedigree.

But he's uh clearly got a strong sense of public service.

But tell us why in the early two thousands, around the turn of the century, he decided that that was the right moment to go after Wall Street.

Now, one of the reasons, one of the many reasons why this story is so relevant for today, right now, is because lots of people see parallels between the dot com bubble and what's been happening with AI and big tech recently.

But um a lot of people will say, why is it up for Elliot Spitzer to be doing this?

Why is he bothering to do this?

Rather than the regulators who normally jump in.

like the Securities Exchange Commissioner.

and the assumption that the industry can just kind of regulate itself and self correct.

And of course one of the ideas behind that is the idea that, you know, if there are excesses, you have discipline because smart investors see the excesses or the fraud and basically weed it out, which works well with big investment players, but not small ones, of course.

So and we'll come back in later on about the parallels for today and why they matter so much.

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