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 More Quotes by Andrew Ross Sorkin More Quotes From 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. Andrew Ross Sorkin fight tough sad practice 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. Andrew Ross Sorkin never vote enough america 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. Andrew Ross Sorkin management age work long Forget about banks that are too big to fail; the focus should be on cities, municipalities and countries that are too big to fail. Andrew Ross Sorkin fail big focus forget I don't want to put words in Geithner's mouth, but I think he is generally against the revolving door of government officials taking jobs with companies that they have overseen or in roles that involve lobbying. At minimum, I'm pretty sure he felt that way about himself. Andrew Ross Sorkin words think government way The ethos on Wall Street has not changed, and that's not going to come from the corner office. That's going to come, for better or worse, from Washington, and the whole idea of greed is still good, that is still pervasive. Andrew Ross Sorkin street better good greed Investors are sometimes too busy looking for profits to notice where the truth ends and the deception begins. Andrew Ross Sorkin looking truth busy sometimes We talk about institutions that are too big to fail - I think the story is as much about people who think they are too big to fail. Andrew Ross Sorkin story talk think people It's the people who have an incentive to find the problem who usually find the problem. Andrew Ross Sorkin find who problem people There is a long list of psychology research demonstrating that appearances matter more than most us would care to admit. As shallow as it may be, better-looking people have been shown in various studies to have higher self-esteem and more charisma, are considered more trustworthy and are better negotiators. Andrew Ross Sorkin care research long people We’re running a banner here that says Jeff Zucker made the decision to resign based on what you just said, however, Jason Kilar was recorded having a conversation with the staff at CNN in Washington where it was clear that it was not Jeff Zucker’s decision. In fact, not only was it not his decision when he was effectively pushed, he apparently wanted to stay for another week or two or three and he couldn’t, so, just try to square the reality of this. It sounds-- he may technically have resigned … he said, ‘I’ll resign rather than you technically fire me,’ but clearly he was pushed to do this. Andrew Ross Sorkin The airlines took an enormous amount of taxpayer money, we have all supported them and there has been very little support on the other side I’m sorry to say. Andrew Ross Sorkin Hold on ! Hold on ! Hold on ! i'm not going to do this with you Joe ! Every morning you try to question the questions I am asking ! These are questions that investors are asking every single morning. I am just trying to get through some of this clutter. Andrew Ross Sorkin
