David Enrich

David Jules Enrich (born July 3, 1979) is an American journalist and non-fiction author. He is currently financial editor at The New York Times and was previously financial enterprise editor at The Wall Street Journal.

David Jules Enrich
Born (1979-07-03) July 3, 1979
Lexington, Massachusetts
EducationClaremont McKenna College
OccupationJournalist
Years active2000–present

Education

Enrich received his bachelor's degree in 2001 from Claremont McKenna College in Claremont, California. While in college, Enrich co-founded claremontmckenna.com, the first online newspaper at the five Claremont Colleges. He also founded and directed Citizens for True Democracy, a Southern California grassroots organization that proposes replacing the Electoral College with direct voting.

Career

Enrich worked as an intern at The Nation in the summer of 2000 and at U.S. News & World Report in 2001.

He was a reporter for States News Service in Washington, D.C. He was a reporter with Dow Jones Newswire for several years. He served as a Washington correspondent covering Congress, the White House and federal regulatory agencies for several regional newspapers including the Cleveland Plain Dealer, the Wisconsin State Journal and the Philadelphia Daily News.

Enrich joined the Wall Street Journal in December 2007 as a reporter writing about the U.S. banking industry, with a particular focus on Citigroup.

On October 17, 2013, a British judge ordered Enrich and The Wall Street Journal to comply with a request by the UK's Serious Fraud Office prohibiting the newspaper from publishing names of individuals in the government's ongoing investigation into the Libor scandal. Enrich was threatened with jail if he disobeyed. The situation was covered in the press as an example of the restrictions the media face in the UK from courts that impose reporting restrictions to prevent journalists from reporting details that prosecutors believe could jeopardize an investigation or case and by celebrities keen to cover up indiscretions. Dow Jones & Company, publisher of The Wall Street Journal, described the injunction as "serious affront to press freedom." On October 21, 2013, an English judge said he wouldn't renew the court order, saying there was "no basis" for the reporting restrictions.

In 2016, Enrich returned to New York from London, where he had been European banking editor for The Wall Street Journal, in order to lead a financial-enterprise team tasked with writing in depth on markets, money flows and other aspects of Wall Street.

His book, The Spider Network: The Wild Story of a Math Genius, a Gang of Backstabbing Bankers, and One of the Greatest Scams in Financial History, was published in March 2017 to critical acclaim. National Review called The Spider Network "a nonfiction epic ... an engrossing, entertaining tale." Bloomberg Businessweek called it an "exhaustively reported tale" and author Harlan Coben praised it as a "terrific nonfiction book." The New York Times called it a "vivid depiction of the ethos of the core financial institutions upon which the global economy depends." CNBC and the Financial Times recommended the book as one of their summer reads. It was also shortlisted for the 2017 Financial Times and McKinsey Business Book of the Year Award.

In August 2017, The New York Times announced that they had hired Enrich.

Dark Towers

In May 2019, Enrich reported on how anti-money laundering specialists at Deutsche Bank had flagged suspicious transactions involving Donald Trump and Jared Kushner. Enrich accepted a request from a producer at MSNBC to appear on The Rachel Maddow Show the following night, Vanity Fair reported. But the New York Times pulled Enrich from the show amid concerns about cable-news “bias". The episode revealed how New York Times executive editor Dean Baquet feels that if a Times reporter were to go on an opinionated cable-news show, his or her appearance could be perceived as being aligned with that show's political leanings.

Dark Towers: Deutsche Bank, Donald Trump, and an Epic Trail of Destruction came out on February 18, 2020. Harper Collins, its publisher, described the work as a "never-before-told saga of how Deutsche Bank became the global face of financial recklessness and criminality." An updated edition was issued on 12 January 2021.[1]

Recognition

Enrich has received numerous journalism awards, including in 2012 an Overseas Press Club award for coverage of the European debt crisis, a George Polk Award for coverage of insider trading, two SABEW awards and a Gerald Loeb Award for feature writing[2] for "The Unraveling of Tom Hayes". Enrich was also part of teams of Wall Street Journal reporters who were finalists for Pulitzer Prizes in 2009 and 2011.

Works
  • Enrich, David (2017). The Spider Network: The Wild Story of a Math Genius, a Gang of Backstabbing Bankers, and One of the Greatest Scams in Financial History. New York: Custom House. ISBN 9780062452986.[3][4][5]
  • Enrich, David (2020). Dark Towers: Deutsche Bank, Donald Trump, and an Epic Trail of Destruction. New York: Custom House. ISBN 978-0062878816.

See also

Further reading

References
  1. Enrich, David (2021). Dark Towers; Deutsche Bank, Donald Trump, and an Epic Trail of Destruction (Paper) (Updated ed.). Custom House. ISBN 9780062878830. Retrieved 24 January 2021.
  2. Daillak, Jonathan (June 29, 2016). "UCLA Anderson School honors 2016 Gerald Loeb Award winners". UCLA. Retrieved January 31, 2019.
  3. Knee, Jonathan A. (2017-03-17). "Review: In 'Spider Network,' an Intriguing Tale of Complicity". The New York Times. ISSN 0362-4331. Retrieved 2018-02-19.
  4. Graphics, FT Interactive. "The Spider Network by David Enrich". FT Business book of the year award. Retrieved 2018-02-19.
  5. "'Top executives still walk away rich' — An interview with David Enrich, whose book The Spider Network lays bare the Libor rigging scandal". Business Insider. Retrieved 2018-02-19.
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