Andrew Ross Sorkin

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476 appearances 1 recordings 1 series first heard Oct 2025 last heard 31 Oct

Andrew Ross Sorkin’s voice in public audio — every appearance, attributed to the second.

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Prof G Markets · Are We Reliving 1929? Parallels to Today’s Market Mania — ft. Andrew Ross Sorkin · 31 Oct 2025 podcast

And it wasn't just that the market crashed, it's that everybody was so low.

Levered that they were literally selling their homes, mortgaging their houses.

And that's what really took the confidence, almost generationally scarring a whole group of people, and was the first domino in a series of dominoes that then led to the Great Depression.

And it wasn't preordained.

There was a lot of things that happened in Washington.

And I think when you get into the story of who these people were and what they were doing and their motives and their incentives and everything else, you can really see how those dominoes were.

Those fell.

So many people would come up to me after I wrote Too Big to Fail and say, Well, how does 2008 financial crisis compare to 1929?

Truth is I didn't know.

I'd read a lot about the period, but I'd never got in inside the story, the characters, who they were.

I loved books like Barbarians at the Gate and Den of Thieves and, you know, books that Eric Larson had written where you felt like you were in the room with these people.

And I thought, could I go do that?

Oh goodness.

So my two favorite characters, the reason I think I wrote this book and the reason why I think the moment I knew I could even write the book.

Was when I really got to understand a guy named Charles Mitchell.

Uh they called him Sunshine Charlie.

And Charles Mitchell ran a bank called National City, becomes Citigroup.

Uh, by the way, lives, if you know New York City, lives in what is now the French consulate on Fifth Avenue between 74th and 75th Street.

That was his home.

And he was the guy who really created this idea of lending people money to buy stock.

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