Andrew Ross Sorkin quotes

Debt, we've learned, is the match that lights the fire of every crisis. Every crisis has its own set of villains - pick your favorite: bankers, regulators, central bankers, politicians, overzealous consumers, credit rating agencies - but all require one similar ingredient to create a true crisis: too much leverage. (Andrew Ross Sorkin)
In truth, a leader should either apologize, mean it and do something about it - or not apologize at all. View quote
Andrew Ross Sorkin
The failure of Lehman may have allowed the government to do more to prop up the economy than it otherwise could. View quote
Andrew Ross Sorkin
The blowback against a bailout of Lehman would have been fierce. It is often forgotten, but the prevailing wisdom the day after Lehman fell was that its collapse was a good thing. View quote
Andrew Ross Sorkin
The moment a large investor doesn't believe a government will pay back its debt when it says it will, a crisis of confidence could develop. Investors have scant patience for the years of good governance - politically fraught fiscal restructuring, austerity and debt rescheduling - it takes to defuse a sovereign-debt crisis. View quote
Andrew Ross Sorkin
Corporate tax reform is nice in theory but tough in practice. It most likely requires lower tax rates and the closing of loopholes, which many companies are sure to fight. And whatever new, lower tax rate is determined, there will probably be another country willing to lower its rate further, creating a sad race to zero. View quote
Andrew Ross Sorkin
Unfortunately, I think it's very difficult to separate policy from politics. In a perfect world, in some instances, you probably would want to. In other instances, you'd probably say that the political element is important because it should, in a perfect world, match what the stakeholders need or want, or what the public is after. View quote
Andrew Ross Sorkin
I think you tell the story that has to be told. You tell the story that's the truth. You tell the story that readers will be interested in and should know about. View quote
Andrew Ross Sorkin
There's a good argument to be made that companies that are private, where they're run by partnerships, where everybody has true stake in them and they're not playing with other people's money, that by default it's a safer system, because you really have skin in the game. You really own the company. View quote
Andrew Ross Sorkin
Tiptoeing on a tightrope past insider trading laws may be deft and clever, but it doesn't make it right. View quote
Andrew Ross Sorkin