Andrew Ross Sorkin

Glass-Steagall and Private Equity: Fact and Fiction

Robert Teitelman | Posted 05.24.2012

Read More: New York Times, Robert Teitelman, Bain Capital, Private Equity, Glass-Steagall, Andrew Ross Sorkin, Mitt Romney, Glass-Steagall Act, Business News

The "success" of private equity must mean that everyone must be an entrepreneur, an engineer or an M.B.A. "Change" that worked in the conditions of the '70s must be the solution in times that even Brooks admits are "radically different."

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On Financial Genius and Banking Boo-boos

Robert Teitelman | Posted 05.16.2012

Read More: Andrew Ross Sorkin, Meet the Press, Jamie Dimon, JP Morgan, Joe Nocera, Big Banks, Hedge Funds, Business News

The columns, blogs, tweets and sober cud-chewing over the J.P. Morgan Chase & Co. trading debacle continues. What have we learned? Well, not as much as you'd think, given the notion that the Internet is the greatest investigative reporter since Woodward and Bernstein.

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China and America's Future

Richard Attias | Posted 05.11.2012

Read More: Andrew Ross Sorkin, Hillary Clinton, Mayor Bloomberg, China, New York, New York News

All nations in the world, the United States included, have experienced changes over the past 1- or 15 years; but few have seen such swift developments...

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The New York Times Sheds a Tear for Wall Street Paydays

Raymond J. Learsy | Posted 04.09.2012

Read More: Goldman Sachs, Wall Street, Hedge Funds, Jpmorgan, Cnbc, Andrew Ross Sorkin, Financial Crisis, New York Times, Bill Gates, Business News

If timing is everything, than the timing of Mr. Sorkin's article becomes ever so curious coming just one week after the publication of these humungous sums. There he was, as so often before, trying to steer our focus from the excesses of Wall Street's "Big Money" parade.

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The Infuriating, Inexcusable AIG Tax Deal

Jacqueline Leo | Posted 05.02.2012

Read More: Andrew-Ross-Sorkin, Aig, Tarp, Occupy Wall Street, Too Big to Fail, Corporate Retreat, AIG Bailout, Robert Benmosche, Politics News

So, this spring, when the Occupy Wall Street crowd comes out of hibernation, don't be surprised if the Tea Party joins them at a new location: 70 Pine Street, the N.Y. corporate headquarters of AIG.

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Parsing the Debate Over the Volcker Rule

Robert Teitelman | Posted 04.22.2012

Read More: Andrew Ross Sorkin, Volcker Rule, Paul Volcker, Paul Volcker Banks, The Volcker Rule, Paul Volcker Barack Obama, Business News

It's possible that this entire kerfuffle over the Volcker Rule is just hot air. But we won't really know the full costs, before we try it out and drive it awhile.

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The Volcker Rule and Wall Street's Pliant Media Plant

Raymond J. Learsy | Posted 04.16.2012

Read More: Politics, JPMorgan Chase, Goldman Sachs, Morgan Stanley, Wall Street, The New York Times, Andrew Ross Sorkin, Federal Reserve, Financial Crisis, Jamie Dimon, Congress, Media, Dodd -Frank Bill, Paul Volcker, Volcker Rule, Dodd-Frank Bill, Business News

There he goes again. Wall Street is fighting tooth and nail to emasculate the Dodd-Frank Bill, focusing its artillery on the Volcker Rule, namely those sections calling for the elimination of proprietary trading by banking institutions.

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Why Leon Cooperman Is So Upset

Robert Teitelman | Posted 02.07.2012

Read More: Andrew Ross Sorkin, Robert Teitelman, Leon Cooperman, Barack Obama, Income Inequality, Leon Cooperman Obama, Occupy Wall Street, Politics News

He feels insulted that the president has suggested that the wealthy are somehow "bad," and that they pay no taxes, which is an exaggeration, but hell, I lack the sensitivity of the rich.

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Billionaire Leon Cooperman Writes "Open Letter to President Obama"

Joseph A. Palermo | Posted 02.06.2012

Read More: President Obama, John Paulson, Wall Street, Leon Cooperman, Michael Bloomberg, Andrew Ross Sorkin, Federal Reserve, New York Times, Timothy Geithner, Bill Gates, Obama, The Koch Brothers, Open Letter to President Obama, Mary Schapiro, Politics News

Wall Street "veteran" Leon Cooperman has written an "Open Letter to President Obama" that provides us with a glimpse into the mindset of our 21st century corporate overlords. What's put a bee in Mr. Cooperman's bonnet is the president's "tone" toward billionaires like himself.

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Svengalis, Bankers and the Role of Intermediaries

Robert Teitelman | Posted 01.14.2012

Read More: Andrew Ross Sorkin, New York Times, Frank-Quattrone, Hewlett-Packard, Business News

Sorkin's column this week raises a larger point that floats through much of the current discourse about Wall Street and its "investment bankers": the embattled, distrusted, even despised role of the intermediary both on Wall Street and beyond.

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The Big Banks Lose Control of the Optics

Joseph A. Palermo | Posted 12.06.2011

Read More: JP Morgan Chase, Ivan Boesky, Michael Milken, Kamala Harris, Obama Administration, Anthony Bologna, Occupy Wall Street, Jamie Dimon, Zuccotti Park, Senator Dick Durbin, RICO Act, Big Banks, Tom Miller, Bank of America, Wall Street, Joseph Stiglitz, Eric Schneiderman, Susan Sarandon, Andrew Ross Sorkin, Rico, New York Times, Nicholas Kristof, Michael Moore, Wall Street Protests, Gina Bellafante, Naomi Klein, Business News

If the feds under Reagan could prosecute a couple of corrupt high rollers on Wall Street, why can't they do it under Obama?

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Top NYT Writer Gets Big New TV Gig

TVNewser | Chris Ariens on July 15, 2011 12:41 PM | Posted 09.14.2011

Read More: Andrew Ross Sorkin Squawk Box, Newspapers, Andrew Ross Sorkin, Squak Box, Cnbc, Andrew Ross Sorkin New York Times, Andrew Ross Sorkin Cnbc, Media News

CNBC has hired New York Times scribe and DealBook founder Andrew Ross Sorkin to be the new co-anchor of the signature morning program "Squawk Box," TV...

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Sorkin, Bove Flip On Senate's Goldman Sachs Report After Meeting With Firm

HuffingtonPost.com | William Alden | Posted 08.10.2011

Read More: Lloyd Blankfein, Goldman Sachs, Housing Market, Dick Bove, Economic Crisis, Andrew Ross Sorkin, Business News, Financial Crisis, Credit Default Swaps, Richard Bove, Collateralized Debt Obligations, Business News

NEW YORK -- Goldman Sachs is quietly pushing back against accusations that it may have broken the law, as employees of the firm have met with a pair o...

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HuffPost Review: Empire of Silver

Marshall Fine | Posted 07.31.2011

Read More: Qing Dynasty, Aaron Kwok, Andrew Ross Sorkin, Empire of Silver Movie Review, Boxer Rebellion, Empire of Silver, Christina Yao, Too Big to Fail HBO, Empire of Silver Movie, Entertainment News

Visually stunning and dramatically surprising, Christina Yao's Empire of Silver is a self-assured debut film that manages to be epic in scale and intimate in focus.

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Tett on TARP and the Apocalypse

Robert Teitelman | Posted 07.13.2011

Read More: Andrew Ross Sorkin, Apocolypse, Tarp, Financial TImes, Troubled Asset Relief Program, Business News

In America it takes an apocalypse to get anyone to pay much attention to anything but their craven self-interest. Talking points continue to argue that the post-Lehman, AIG implosion crisis that led to TARP was not really a meltdown, but just a few days of pain.

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Stars Reenact The Financial Crisis

Posted 06.14.2011

Read More: Tarp, Television, Too Big to Fail HBO, Too Big to Fail Movie, Bailout, Hbo, Too Big to Fail, Andrew Ross Sorkin Too Big to Fail, Andrew Ross Sorkin, Paul Giamatti, Celebrities, Video, Entertainment News

Ready to relive the financial crash of 2008? HBO has debuted the trailer for its upcoming film, "Too Big To Fail," a star-studded adaptation of New...

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Brazil, America and the Realities of Private Equity

Robert Teitelman | Posted 05.30.2011

Read More: Paywalls, Andrew Ross Sorkin, New York Times, Private Equity, Brazil, New York Times Paywall, Business News

Andrew Ross Sorkin argues that virtuous Brazilians are akin to "what the fledgling private equity industry circa the 1970s in the United States pursued." That is, before they became greedy barbarians in the '80s.

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Paul Giamatti and Amy Ryan talk Win Win

Marshall Fine | Posted 05.25.2011

Read More: Too Big to Fail, Marshall Fine, Amy Ryan Interview, Andrew Ross Sorkin, The Three Sisters, Paul Giamatti Interview, Win Win, Ben Bernanke, The Office, Paul Giamatti, Amy Ryan, Tom Mccarthy, Marshall Fine Interview, Entertainment News

Onscreen in Tom McCarthy's Win Win, they interact like a long-time married couple. In fact, actors Paul Giamatti and Amy Ryan barely knew each other ...

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Fannie Mae and Freddie Mac's Days Are Numbered, But It's a Big Number

Lawrence G. McDonald | Posted 05.25.2011

Read More: Fannie Mae, Congress, Freddie Mac, Barack Obama, Dodd-Frank Bill, Chapter 11, Michael Lewis, Hensaling, New York Times, Andrew Ross Sorkin, Fcic, Fhfa, Business News

Is there anything new we have learned in the FCIC's report? Are there clear recommendations that will help prevent another financial crisis? No. The commission was divided by politics.

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New York Times Staffer Using Apple iPhone 4 for Video News Gathering, "A Huge Game Changer" Says Paper's Video Chief

Andy Plesser | Posted 05.25.2011

Read More: Andrew Ross Sorkin, New York Times, Newspapers, Video, Mobile Video, Cairo, Egypt, Technology News

WASHINGTON, DC -- The New York Times will provide reporters with the Apple iPhone 4 to record and upload videos via an Aspera App to the paper's serv...

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Facebook's Financials Reportedly Revealed

The Huffington Post | Abby Wendle | Posted 05.25.2011

Read More: Facebook Goldman Sachs, Facebook Profit, Facebook Shares, Facebook Revenue, Private Placements, Richard Friedman, Andrew Ross Sorkin, Sec, Facebook, Wall Street Journal, Facebook Financials, Business News

UPDATE: Goldman Sachs clients have received information about Facebook's financials, Reuters reports. The six-page document, Reuters reports, reveals ...

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Regulators Scramble Ahead of WikiLeaks Financial Disclosures

Phil Trupp | Posted 05.25.2011

Read More: Henry Paulson, Mary Schapiro, Casablance Moment, Julian Assange, Bernard Madoff, Andrew Ross Sorkin, Robert Mintz, Wall Street, Wikileaks, Business News

Not since the $700 billion raid of taxpayer dollars have Washington regulators scurried so quickly to ferret out evidence of collusion between the feds and the nation's major banks. All because of WikiLeaks.

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McLean and Nocera's All the Devils Are Here

Robert Teitelman | Posted 05.25.2011

Read More: Andrew Ross Sorkin, Bear Stearns, Michael Lewis, Lehman Brothers, Bethany McLean, Real Estate Bubble, Business Books, Real Estate Books, All the Devils Are Here, Business News

This is the deep background of the financial crisis -- a clear-eyed introduction to the post-industrial jungle with its networks, frictionless interchanges, murky sense of accountability and unexpected consequences.

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All the Devils Are Here: Best Business Book of the Year

Don McNay | Posted 05.25.2011

Read More: Bethany McLean, Gary Rivlin, Broke USA, Andrew Ross Sorkin, Financial Crisis, Joe Nocera, Wall Street, Nocera Mclean, All the Devils Are Here, Joe Nocera All the Devils Are Here, Henry Paulson, Hank Paulson, Vanderbilt, The Fed, Aig, Goldman Sachs, Cnbc, Gregory Zuckerman, American College, McNay Settlement Group, Lotteries, Books, Too Big to Fail, Vanity Fair, Kentucky, Fannie Mae, Don McNay, Michael Lewis, Fortune Magazine, Jim Cramer, Structured Settlements, Million Dollar Round Table, Eastern Kentucky University, Personal Finance, Roger Lowenstein, Business News

McLean and Nocera don't give us an idea as to where to look for angels. But the book is comprehensive, and I feel certain that all the devils are here.

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Sorkin on the transparency dilemma

Robert Teitelman | Posted 05.25.2011

Read More: Andrew Ross Sorkin, New York Times, The Deal, Sec, Financial Regulation, New-York-Times-Dealbook, Business News

Like a drum major, Andrew Ross Sorkin leads his marching band to DealB%k's new page right after Itineraries in today's New York Times. Welcome to dead...

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