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Theodore Roosevelt Malloch
|Born||Theodore Roosevelt Malloch
September 22, 1952
Philadelphia, Pennsylvania, U.S.
|Occupation||CEO and Professor|
Theodore Roosevelt "Ted" Malloch (born September 22, 1952) is an American author, consultant, and television producer. He is a professor at the Henley Business School of the University of Reading, England. Malloch is Chairman and Chief Executive Officer of Global Fiduciary Governance and served as Chairman and CEO of The Roosevelt Group. He is author of several books including Doing Virtuous Business.
In February 2017 Malloch was reported to be a candidate for ambassadorship to the EU. This prompted unusually strong disapproval from EU politicians. That same month, the Financial Times reported that Malloch had made a number of false statements in his autobiography.
Early life and education
Malloch earned his Ph.D. in International Political Economy from the University of Toronto in 1980. He previously earned an M.Litt. Degree from the University of Aberdeen and a BA from Gordon College.
Malloch served on the executive board of the World Economic Forum and consulted at Wharton-Chase Econometrics. He worked at Salomon Brothers bank and in senior policy positions at the U.S. Senate Committee on Foreign Relations and in the U.S. State Department.
Malloch has served on the University of Toronto International Governing Council, a Pew Charitable Trust board, the Templeton Foundation; and as an adviser to The Hudson Institute, American Foreign Policy Council, Institute of Economic Analysis, and the Social Affairs Unit and the Institute of Economic Affairs.
On 16 November 2016 Malloch was interviewed by Evan Davis on the BBC Newsnight program in connection with the reported likelihood of his being appointed by US President-Elect Donald Trump to an important (unspecified) role. He stated that he had been extensively consulted by Trump throughout the Presidential election campaign. Bloomberg reported that this position could be the US Ambassador to the European Union, which caused strong reactions in the European Parliament. Malloch first met Trump in the 1980s in Palm Beach, Florida.
In early February 2017, media reported that Malloch was a leading candidate for ambassadorship to the EU, which prompted unusually strong disapproval from EU politicians. Asked why he wanted to become ambassador to the EU in an interview the month before, Malloch told BBC News: "I had in a previous career a diplomatic post where I helped bring down the Soviet Union. So maybe there's another union that needs a little taming." Malloch was a vocal supporter of UK withdrawal from the EU and has expressed his view that the euro would collapse. On Bloomberg TV Malloch stated that he hoped all EU members would hold referendums on whether to leave the bloc. In an interview with Greek television, Malloch expressed his view that Greece will soon need to leave the euro and asked about the future of the euro in the next decade, remarked that his "sense is that the euro is in a real problem zone, there would be parity with the dollar and there could potentially—given political situations around Europe—even be a euro collapse."
In February 2017, the Financial Times reported that Ted Malloch embellished or falsified seven claims in his memoir Davos, Aspen & Yale: My Life Behind the Elite Curtain as a Global Sherpa. The alleged false claims include his documentary being Emmy-nominated, that he had written for the New York Times and Washington Post, that he held a professorship at Oxford University, and that he had completed his "doctoral programme" in less than three years. Malloch claimed in his book Davos, Aspen & Yale: My Life Behind the Elite Curtain as a Global Sherpa that he was "knighted in the Sovereign Order of St John by the Queen, Elizabeth II herself". The Financial Times claimed he was actually awarded a medal of St. John which is not awarded in an investiture attended by the Queen, while Malloch later responded that he was inducted into the Sovereign Order of St John and has "a letter stating ... the award comes through The Queen". Malloch had also claimed that The Lord Lyon of Scotland awarded him as a Laird his coat of arms in 2006; however, the Financial Times quoted the Clerk of the Court of the Lord Lyon, as saying "Lord Lyon does not, nor could he, create a person a laird". Later in the month, Breitbart published an article written by Malloch in which he refuted the allegations by the Financial Times, labeling it "the EU’s house journal". The Financial Times also obtained bankruptcy court records revealing that a US court had found that Malloch had overstated his assets on loan applications with the intent to deceive the banks into making multi-million dollar loans; the couple had claimed assets of £36.3 million when applying for the loans, but claimed thay had just $152,000 at the time of their 2013 bankruptcy petition and were unable to repay $5.9 million in outstanding debt.[better source needed]
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- Where Are We Now?: The State of Christian Political Reflection (1983, University Press of America; ISBN 9780819117403)
- Issues in International Trade and Development Policy (1987, Praeger; ISBN 978-0275923563)
- Unleashing the Power of Perpetual Learning, with Donald Norris (1997, Society for College and University Planning; ISBN 9780960160877)
- Renewing American Culture: The Pursuit of Happiness (Conflicts and Trends in Business Ethics), with Scott Massey (2006, M & M Scrivener Press; ISBN 978-0976404118)
- Being Generous (2009, Templeton Press; ISBN 978-1599473161)
- Spiritual Enterprise: Doing Virtuous Business. (2008, Encounter Books; ISBN 978-1594032226)
- Thrift: Rebirth of a Forgotten Virtue (2009, Encounter Books; ISBN 978-1594032608)
- Doing Virtuous Business: The Remarkable Success of Spiritual Enterprise (2011, Thomas Nelson; ISBN 9780849947179
- America’s Spiritual Capital, with Nicholas Capaldi (2012, St. Augustine's Press; ISBN 9781587310379)
- The End of Ethics and a Way Back: How to Fix a Fundamentally Broken Global Financial System, with Jordan Mamorsky (2013, Wiley; ISBN 9781118550175)
- Practical Wisdom in Management: Business Across Spiritual Traditions (2015, Greenleaf / Academy of Business in Society; ISBN 9781783531318)
- Davos, Aspen & Yale: My Life Behind the Elite Curtain as a Global Sherpa (2016, WND Books; ISBN 9781944229054)
- Hired: An Insider's Look at Trump's Victory (2017, WND Books; ISBN 9781942475477)
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- *Ted Malloch's Spiritual Capital Initiative at Yale Center
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- "Academic Advisory Council", Institute of Economic Affairs. Retrieved 2016-01-04
- Paton, James (January 8, 2017). "Trump Interviews Brexit Supporter as U.S. Envoy to EU, Mail Says". www.bloomberg.com. Retrieved 2017-01-09.
- Papachelas, Alexis (8 February 2017). "Ted Malloch: Greece would be better off outside the eurozone". ekathimerini.com. Retrieved 9 February 2017.
- Ariès, Quentin (February 2, 2017). "Brussels threatens to block Trump's EU ambassador". Politico. Retrieved 3 February 2017.
- Erlanger, Steven (February 2, 2017). "For Europe, There's a New Threat in Town: The U.S.". New York Times. Retrieved 3 February 2017.
- Donahue, Patrick (February 3, 2017). "Trump Ghost Looms Over EU Summit as Leaders Push Back". Bloomberg. Retrieved 3 February 2017.
- "Exclusive – Ted Malloch: The FT's Attempt at My Political Assassination". breitbart.com. Retrieved 2017-02-19.
- Chapman, Ben (3 March 2017). "Donald Trump's likely EU ambassador Ted Malloch 'made false statements' to banks to obtain millions in loans". The Independent. Retrieved 4 March 2017.
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