Andrew Ross Sorkin Quotes

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My training really was at the 'New York Times,' you know. When I got there, I was literally supposed to stay there for five weeks, and I got lucky like nobody, you know, like nobody's business.

In many ways, education is a lousy business. Teachers are not normal economic actors; almost all of them work for less money than they might fetch in some other industry, given their skills and advanced degrees.

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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 - how exactly are you going to make money?

In truth, Wall Street is in for a radical makeover. Fewer people, lower margins, lower risk, lower compensation - and ultimately, fewer talented people. It is likely to change the culture of an industry that for nearly a century has...

Let's start with a basic question: Do we, as a country, want our most highly qualified employees from the private sector to pursue public service? The answer, I would imagine, should be yes.

TARP became so politicized that having money from it was almost like a scarlet letter. There were debates over compensation, worry that the rules were going to get changed. All the banks were desperately rushing to get that money back...

There's something called, 'resolution authority,' which gives the government the power to takeover a failing bank - something they didn't have pre-Lehman Brothers.

The rating agencies historically actually did a pretty good job rating regular bonds.

The lesson of 2008 is that ultimately our markets are driven by confidence.

One of Obama's first major acts as president was to sign the American Recovery and Reinvestment Act, and some of the money in that bill went to Saft.

The economic meltdown that would define every aspect of Obama's economy came to a head well before he became president, of course, and so did the legislation that would be the basis for everything that came after.

In September 2008 - as Lehman Brothers filed for bankruptcy and AIG, the world's biggest insurance company, accepted a federal bailout - Senator John McCain of Arizona, in what was widely viewed as a political move, suspended his presidential campaign...

Wall Street's biggest fight with Obama was over the Dodd-Frank Wall Street Reform and Consumer Protection Act, which Obama signed into law in the summer of 2010.

The Saft America plant, a giant 235,000-square-foot mass of concrete, is a modern marvel: its roof covered in row upon row of solar panels, embodying the renewable future that the batteries manufactured within are meant to sustain.

Unemployment in Florida peaked at 11.2 percent in 2009, higher than the national average, and the state was a center for home foreclosures.

Whether a president can truly improve, or damage, an economy remains an open question.

The greatest economic power might in fact remain in the hands of the Federal Reserve. Economists credit the Fed's policy of keeping interest rates at historic lows with helping to pump up the economy and bring unemployment down.

Perhaps the biggest economic shift during Obama's presidency came from a piece of legislation that wasn't sold as such. On March 21, 2010, Congress passed the Affordable Care Act, better known as Obamacare. It was Obama's boldest piece of legislation...

I would say that my whole career is effectively trying to be a storyteller within the context of financial news.

I have always looked at the world through the prism of money to some degree. If you could follow the money, it explains a lot of things, in all sorts of aspects of the world. You can look at politics...

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