Marjorie Deane: Cheerio my deario

Financial journalism loses one of its greats AND what would Marjorie Deane, the backbone of The Economist’s financial coverage from 1947 to 1989, have made of all this? Up until a few weeks before her death at 94 on October 2nd, she was wont to greet visitors with, “What about this bank recapitalisation then? What does Paul Volcker think?” Marjorie was always on the story—sovereign-debt reschedulings, takeovers, hirings and firings. Less a financial philosopher than a real reporter, she knew the numbers, knew the gossip and knew everyone who mattered, not least the former chairman of America’s Federal Reserve. Bankers willingly opened their doors to her in the knowledge that they would be talking to someone almost as well-informed as they were themselves. She was trusted, respected and liked. ... (link)