app / uses
Business Insider
“I follow all sorts of people. I read the Wall Street Journal and the Financial Times and Business Insider.”
Public evidence record
Andrew Ross Sorkin
Published podcast speaker
- Claims
- 22
- Episodes
- 1
- Shows
- 1
- Named items
- 3
Books, apps, and tools
The evidenced stack.
paper / uses
Wall Street Journal
“I follow all sorts of people. I read the Wall Street Journal and the Financial Times and Business Insider.”
paper / uses
Financial Times
“I follow all sorts of people. I read the Wall Street Journal and the Financial Times and Business Insider.”
Claim ledger
What Andrew said.
7 transcript-backed records
01 / evaluation
It wasn’t that the crash itself was somehow a straight line. It was a series of decisions that were made — in some cases, that weren’t made — by Herbert Hoover, by the Federal Reserve, by a whole bunch of people in Washington and elsewhere that led to, ultimately, unemployment of 25 percent in 1932 and 9,000 banks, I think, by 1933 failing.
“It wasn’t that the crash itself was somehow a straight line. It was a series of decisions that were made — in some cases, that weren’t made — by Herbert Hoover, by the Federal Reserve, by a whole bunch of people in Washington and elsewhere that led to, ultimately, unemployment of 25 percent in 1932 and 9,000 banks, I think, by 1933 failing.”
- Speaker
- Andrew Ross Sorkin
- Publisher
- Conversations with Tyler
02 / evaluation
Interestingly, Carter Glass, who I think I told you before was sort of akin to an Elizabeth Warren — the truth is, he would have been a racist Elizabeth Warren because he was from Virginia.
“Interestingly, Carter Glass, who I think I told you before was sort of akin to an Elizabeth Warren — the truth is, he would have been a racist Elizabeth Warren because he was from Virginia.”
- Speaker
- Andrew Ross Sorkin
- Publisher
- Conversations with Tyler
03 / evaluation
Not because he wanted people to work less and be nice to them, but because he thought there was an economic argument that if people didn’t have to work on Saturdays, more people would buy cars and gardening equipment, and do all sorts of things on the weekends, and buy different outfits and clothing.
“Not because he wanted people to work less and be nice to them, but because he thought there was an economic argument that if people didn’t have to work on Saturdays, more people would buy cars and gardening equipment, and do all sorts of things on the weekends, and buy different outfits and clothing.”
- Speaker
- Andrew Ross Sorkin
- Publisher
- Conversations with Tyler
04 / evaluation
I think, first of all, a number of those people in the 1920s actually were not that philanthropic yet, and then, of course, lost so much of their fortune that they were really never in a position to be that philanthropic.
“I think, first of all, a number of those people in the 1920s actually were not that philanthropic yet, and then, of course, lost so much of their fortune that they were really never in a position to be that philanthropic.”
- Speaker
- Andrew Ross Sorkin
- Publisher
- Conversations with Tyler
05 / evaluation
Look, I think today, you look at the amount of debt that consumers have taken on, that the government has taken on — it’s just wild on a relative basis to what was happening in 1929, but I think that some of that individual basis drove so much of what was happening in the economy and the Roaring Twenties ethos that it really became almost a generational shock for those ordinary Americans who had played the stock market for the first time and lost.
“Look, I think today, you look at the amount of debt that consumers have taken on, that the government has taken on — it’s just wild on a relative basis to what was happening in 1929, but I think that some of that individual basis drove so much of what was happening in the economy and the Roaring Twenties ethos that it really became almost a generational shock for those ordinary Americans who had played the stock market for the first time and lost.”
- Speaker
- Andrew Ross Sorkin
- Publisher
- Conversations with Tyler
06 / evaluation
There’s a battle going on about whether to raise interest rates and by how much, but to the extent that they were talking about that, the view, I think, was that they would have to raise them so much that they had almost pretty much convinced themselves that to really tamp speculation down, you have to raise interest rates so much that you, by default, would tip the economy, and they didn’t have the courage to do that.
“There’s a battle going on about whether to raise interest rates and by how much, but to the extent that they were talking about that, the view, I think, was that they would have to raise them so much that they had almost pretty much convinced themselves that to really tamp speculation down, you have to raise interest rates so much that you, by default, would tip the economy, and they didn’t have the courage to do that.”
- Speaker
- Andrew Ross Sorkin
- Publisher
- Conversations with Tyler
07 / evaluation
A very similar kind of scenario played out in some ways in 2008 with the subprime mortgage and loans because people’s homes were underwater.
“A very similar kind of scenario played out in some ways in 2008 with the subprime mortgage and loans because people’s homes were underwater.”
- Speaker
- Andrew Ross Sorkin
- Publisher
- Conversations with Tyler