In truth, the best Bitcoin can hope for is to be a second-rate version of gold, if that. Andrew Ross Sorkin Read Quote
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 and called on Obama to rush back to Washington for a bipartisan meeting at the White House. Andrew Ross Sorkin Read Quote
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. Andrew Ross Sorkin Read Quote
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 and the one that will most likely define him. Andrew Ross Sorkin Read Quote
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. Andrew Ross Sorkin Read Quote
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 been the money center of the world. Andrew Ross Sorkin Read Quote
