The Magazine of Corporate Responsibility

Tag Archive for ‘Andrew Ross Sorkin’

Crony Capitalism? Hank Paulson’s Extraordinary Meeting

A new report by Bloomberg News suggests that in July 2008, then-Secretary of the Treasury Hank Paulson met with “a dozen or so hedge-fund managers and other Wall Street executives” to discuss a possible scenario for placing mortgage enterprises Fannie Mae and Freddie Mac into “conservatorship.” Pulitzer Prize-winner Jesse Eisinger says Paulson’s meeting with his former Wall Street peers draws “a picture of a Treasury Secretary who took care of his buddies while allowing the system to blow up.”

In HBO’s ‘Too Big to Fail,’ the Heroes Are Really Zeroes

Pulitzer Prize winner Jesse Eisinger says HBO’s “Too Big To Fail” The Movie is the story of how three leading financial figures in U.S. government “didn’t see the financial crisis coming; hadn’t prepared for it; made mistake after mistake as it was cresting; and then, in their moment of triumph, made their most colossal blunder of all.”

BOOKS: Andrew Ross Sorkin’s “Too Big To Fail”

New York Times reporter Andrew Ross Sorkin’s “Too Big to Fail” is too good to put down. Chock-a-block with color and fly-on-the-wall detail, it chronicles bankers and government regulators searching desperately for solutions to the global financial crisis of 2008.