Here's the perversity of Wall Street's psychology: The more Wall Street is convinced that Washington will act rationally and raise the debt ceiling, most likely at the 11th hour, the less pressure there will be on lawmakers to reach an… — Andrew Ross Sorkin Copy Share Image
As a child, I always enjoyed - my parents used to have these little cocktail parties - and I always loved trying to get… — Andrew Ross Sorkin Copy Share
“Everyone thinks Goldman is so fucking smart,” he railed. “Just because Goldman says this is the right valuation, you shouldn’t assume it’s correct just… — Andrew Ross Sorkin Copy Share
The failure of Lehman may have allowed the government to do more to prop up the economy than it otherwise could. — Andrew Ross Sorkin Copy Share
When you can't lend or trade - and you can't invest with the leverage that juiced returns to support seven- and eight-figure bonuses -… — Andrew Ross Sorkin Copy Share
Debt, we've learned, is the match that lights the fire of every crisis. Every crisis has its own set of villains - pick your… — Andrew Ross Sorkin Copy Share
It's the people who have an incentive to find the problem who usually find the problem. — Andrew Ross Sorkin Copy Share
In truth, in the fairy-tale version of bailing out Lehman, the next domino, A.I.G., would have fallen even harder. If the politics of bailing… — Andrew Ross Sorkin Copy Share
Some billionaires like cars, yachts and private jets. Others like newspapers. — Andrew Ross Sorkin Copy Share
No one suggested Lehman deserved to be saved. But the argument has been made that the crisis might have been less severe if it… — Andrew Ross Sorkin Copy Share
“This generation of Wall Street CEOs could be the ones to forfeit America’s trust. When the history of the Great Recession is written, they… — Andrew Ross Sorkin Copy Share
“There are no atheists in foxholes or ideologues in a financial crisis. Ben Bernanke” — Andrew Ross Sorkin Copy Share
Wall Street is littered with clever plans to use financial instruments to change behavior - carbon trading, for example. Some have changed the world,… — Andrew Ross Sorkin Copy Share
I don't sleep well. I'm a very nervous - by my nature - anxious, almost paranoid person and reporter. — Andrew Ross Sorkin Copy Share
I was always one of those people who would watch the Super Bowl as much for the sports as I did for the ads.… — Andrew Ross Sorkin Copy Share
“While the financial crisis destroyed careers and reputations, and left many more bruised and battered, it also left the survivors with a genuine sense… — Andrew Ross Sorkin Copy Share
