Phrase by 'Andrew Ross Sorkin'
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There are those on Wall Street and in the plutocracy who feel that Geithner is a hero who deftly steered the country from economic ruin. To many ordinary Americans, however, he is considered a Wall Street puppet and a servant of the so-called banksters.
Author: Andrew Ross Sorkin - American JournalistFeel , Country , Hero , Street
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.
Author: Andrew Ross Sorkin - American JournalistYou , People , Money , Good
I'm probably a believer in abandoning too-big-to-fail firms or breaking them up in some way so that the system can try to take care of itself. I imagine you're not going to get there, and therefore, I suspect regulation is what's going to be required.
Author: Andrew Ross Sorkin - American JournalistYou , Care , Way , Take Care
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.
Author: Andrew Ross Sorkin - American JournalistYou , World , Politics , Political
As a child, I always enjoyed - my parents used to have these little cocktail parties - and I always loved trying to get the adults to tell me things they weren't supposed to say. And in many ways, that's what my job is today; it's getting people to tell me things that they probably are otherwise not supposed to say.
Author: Andrew Ross Sorkin - American JournalistMe , People , Today , Parents
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.
Author: Andrew Ross Sorkin - American JournalistFight , Tough , Nice , Sad
What if lawmakers never spoke to their constituents? Oddly enough, that's exactly how corporate America operates. Shareholders vote for directors, but the directors rarely, if ever, communicate with them.
Author: Andrew Ross Sorkin - American JournalistNever , America , Enough , Vote
In the age of activism that is clearly not going away, it would seem that some form of engagement from directors with shareholders - rather than directors simply taking their cues from management - would go a long way toward helping boards work on behalf of all shareholders rather just the most vocal.
Author: Andrew Ross Sorkin - American JournalistWork , Long , Age , Management
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.
Author: Andrew Ross Sorkin - American JournalistYour , True , Fire , Lights
Forget about banks that are too big to fail; the focus should be on cities, municipalities and countries that are too big to fail.
Author: Andrew Ross Sorkin - American JournalistFocus , Forget , Big , Fail
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