Marilyn Geewax

Marilyn Geewax is a senior editor, assigning and editing business radio stories. She also serves as the national economics correspondent for the NPR web site, and regularly discusses economic issues on Tell Me More and Here & Now.

Her work contributed to NPR's 2011 Edward R. Murrow Award for hard news for "The Foreclosure Nightmare." Geewax also worked on the foreclosure-crisis coverage that was recognized with a 2009 Heywood Broun Award.

Before to joining NPR in 2008, Geewax served as the national economics correspondent for Cox Newspapers' Washington Bureau. Before that, she worked at Cox's flagship paper, the Atlanta Journal-Constitution, first as a business reporter and then as a columnist and editorial board member. She got her start as a reporter for the Akron Beacon Journal.

Over the years, she has filed business news stories from China, Japan, South Africa and Europe.

Geewax was a 1994-95 Nieman Fellow at Harvard, where she studied economics and international relations. She earned a master's degree at Georgetown University, focusing on international economic affairs, and has a bachelor's degree in journalism from The Ohio State University.

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Business
3:59 am
Fri October 19, 2012

Investors' Funds Are Recovering, But Not Their Nerves

Originally published on Fri October 19, 2012 9:14 am

Chicken Little was running wild 25 years ago today. But one could hardly blame the poultry for panicking.

On Oct. 19, 1987, the stock market plunged a record-setting 23 percent. The next day, the New York Daily News' front page screamed "Panic!" and a New York Times headline asked: "Does 1987 equal 1929?"

Turns out, the 1987 plunge was a mere stutter step. The Dow Jones industrial average, which closed at 1,739 that day, quickly bounced back. Within a decade, the stock-price average had nearly quintupled.

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The Two-Way
12:36 pm
Tue October 16, 2012

Citigroup CEO's Exit Leaves Wall Street Scratching Its Head

Vikram Pandit on the floor of the New York Stock Exchange on in June.
Spencer Platt Getty Images

Today's announcement that Vikram Pandit had abruptly resigned as chief executive of banking giant Citigroup has left competitors, analysts and media pundits stunned and sputtering.

"This comes as a huge surprise," William George, a Goldman Sachs board member, said in an interview on CNBC.

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Economy
10:30 am
Tue October 16, 2012

5 Questions 'Real' People Might Ask At The Debate

An audience member holds up his hand at a Mitt Romney town hall meeting in Dayton, Ohio, in March. Audience members will be allowed to ask questions at the second presidential debate, being held Tuesday night in Hempstead, N.Y.
Gerald Herbert AP

As this election year began, political pundits insisted the No. 1 issue would be the economy. They expected the candidates to offer voters detailed plans for encouraging job growth.

Now, with the election just three weeks away, many Americans are still scratching their heads, wondering what exactly President Obama and former Gov. Mitt Romney would do to improve the economy.

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Business
10:10 am
Thu October 11, 2012

Beep If You Understand Veep Buzzwords

Wind turbines dwarf a church near Wilson, Kan. The White House wants to extend a federal wind energy credit, but the Romney campaign wants to let it expire.
Charlie Riedel AP

Originally published on Thu October 11, 2012 11:07 am

When Vice President Joe Biden and U.S. Rep Paul Ryan face off during their only debate, tens of millions of Americans will tune in to hear them defend their running mates' records.

And that audience Thursday night also will hear lots of budget-related buzzwords, with meanings that may not be entirely clear. Those words are shorthand for policies that could have huge impacts on taxpayers and the annual $1 trillion budget deficit.

Brushing up on terms of the debate can help voters better understand what's really being said on the stage at Centre College in Kentucky.

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The Two-Way
3:42 pm
Wed October 10, 2012

JPMorgan Chase CEO: 'I Should Have Caught' $5.8 Billion Error

Originally published on Wed October 10, 2012 3:49 pm

JP Morgan Chase CEO Jamie Dimon, wearing a dark suit possibly made of sackcloth, didn't hold back when discussing the derivative trades that led to massive losses for his company.

"We made a stupid error," he said before a lunchtime audience at the Council on Foreign Relations in Washington on Wednesday. "We screwed up."

Then he got more specific: "I should have caught it ... I didn't."

The company estimates it lost $5.8 billion, thanks to a London-based trader, nicknamed the "London whale," who took large, risky positions in credit derivatives.

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