Wall Street is littered with clever plans to use financial instruments to change behavior - carbon trading, for example. Some have changed the world, and others failed miserably. Andrew Ross Sorkin behaviorcarbonchange Change image and share on social
Before the web and these highly focused entities, journalists got to decide what was important to tell their audience and educated their readers. Now, journalists have to try and understand what their consumer actually wants to read and what angle they are looking for in order to keep audiences engaged in a highly competitive world. Andrew Ross Sorkin angleaudiencecompetitive share on social
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. Andrew Ross Sorkin difficultelementimportant share on social
The greatest economic power might in fact remain in the hands of the Federal Reserve. Economists credit the Fed's policy of keeping interest rates at historic lows with helping to pump up the economy and bring unemployment down. Andrew Ross Sorkin bringcrediteconomic share on social
Wall Street's biggest fight with Obama was over the Dodd-Frank Wall Street Reform and Consumer Protection Act, which Obama signed into law in the summer of 2010. Andrew Ross Sorkin actbigconsumer Change image and share on social
The rating agencies historically actually did a pretty good job rating regular bonds. Andrew Ross Sorkin agencybondgood Change image and share on social
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 closecompanycorporate share on social
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 activismagebehalf share on social
Several companies have explicit policies against cronyism, with good reason. Hiring a family member simply for a relationship can be troubling and may not necessarily serve a company's interests. But by and large, financial firms in particular commonly hire people who have certain connections, whether through family or a business relationship. Andrew Ross Sorkin businesscommonlycompany share on social
The failure of Lehman may have allowed the government to do more to prop up the economy than it otherwise could. Andrew Ross Sorkin alloweconomyfailure Change image and share on social