Post columnist Terry Keenan kept Wall Street honest
Every November, she called them turkeys: Business leaders she saw as major screw-ups would be outed on thesê§e pages in a loud voice and beâ awarded her annual booby prize.
That voice, sadly, has been silenced.
Terry Keenan, who occupied this space for many years, died on Thursday at 53.
As her ediâtor for many years I can attest to Terry being a feisty, take-charge journalist who cut straight through corporateàŠ-speak and tough economics jargon.
âEven though her columns were filled with economics, the dismal science, they were notable for wit, candor and common sense,â econđomist David Malpass told me FridaáŠy.
In April 2012, when Ben Bernankeâs âgreen đ shootsâ were all the rage again,â Terry advised readers to get out of the markets. Quickly.
Stocks êŠsold off a thousand Dow points over the summer and did not recover untâil after Labor Day.
Just this Sept. 6, with the Dow in full bull-market gallop, Terry wrote that the âmarket looks long in the tooth.â Six weeks later it was down 6 pêŠercent.
In May, she wrote about Warren Buffettâs shareholders attending Berkshireâs annual meeting: âBuffettistas flock to Omaha for a good time and a good steak. But look behind the happy talkêŠ, and itâs not hard to see that the commonerâs capitaliđŠst has some real concerns.â
Turkey Awards were a hoot.
In 2012, Bill Ackman got a Turkey for trumpeting a new marketing plan from JCPenney, his new activisât target. It involved shoppers scanning barcodes with their iPhones. âNote to billionaire,â she wrote: âNot all Penneyâs customers have iPhones!â The plan would later fail spectacularly.
It was classic Terry.