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Andrew Ross Sorkin

๐Ÿ‘ค Speaker
See mentions of this person in podcasts
3695 total appearances

Appearances Over Time

Podcast Appearances

All-In with Chamath, Jason, Sacks & Friedberg
1929 vs 2025: Andrew Ross Sorkin on Crashes, Bubbles & Lessons Learned

And the banks don't know what that even means.

All-In with Chamath, Jason, Sacks & Friedberg
1929 vs 2025: Andrew Ross Sorkin on Crashes, Bubbles & Lessons Learned

So they stopped lending basically to everybody.

All-In with Chamath, Jason, Sacks & Friedberg
1929 vs 2025: Andrew Ross Sorkin on Crashes, Bubbles & Lessons Learned

And Charlie says, we're not going to have that.

All-In with Chamath, Jason, Sacks & Friedberg
1929 vs 2025: Andrew Ross Sorkin on Crashes, Bubbles & Lessons Learned

So we're going to start lending ourselves.

All-In with Chamath, Jason, Sacks & Friedberg
1929 vs 2025: Andrew Ross Sorkin on Crashes, Bubbles & Lessons Learned

And that sort of creates this whole other dynamic, which leads him to end up being in front of Congress.

All-In with Chamath, Jason, Sacks & Friedberg
1929 vs 2025: Andrew Ross Sorkin on Crashes, Bubbles & Lessons Learned

And I don't want to give away the story, but he does get arrested on the steps of his own home for doing some crazy things later in the story.

All-In with Chamath, Jason, Sacks & Friedberg
1929 vs 2025: Andrew Ross Sorkin on Crashes, Bubbles & Lessons Learned

But those two sort of play a big role.

All-In with Chamath, Jason, Sacks & Friedberg
1929 vs 2025: Andrew Ross Sorkin on Crashes, Bubbles & Lessons Learned

And then you get to see how Glass-Steagall came about, which, by the way,

All-In with Chamath, Jason, Sacks & Friedberg
1929 vs 2025: Andrew Ross Sorkin on Crashes, Bubbles & Lessons Learned

is shocking because it is not what you would think at all.

All-In with Chamath, Jason, Sacks & Friedberg
1929 vs 2025: Andrew Ross Sorkin on Crashes, Bubbles & Lessons Learned

It almost has nothing to do, I don't want to say it has nothing to do with breaking the banks apart for like political reasons, but it actually has to do with business reasons, meaning there was like some major bank money and lobbying going on behind the scenes to F over JP Morgan by the guys who were running Chase and the Rockefellers.

All-In with Chamath, Jason, Sacks & Friedberg
1929 vs 2025: Andrew Ross Sorkin on Crashes, Bubbles & Lessons Learned

So it's wild.

All-In with Chamath, Jason, Sacks & Friedberg
1929 vs 2025: Andrew Ross Sorkin on Crashes, Bubbles & Lessons Learned

The story is wild.

All-In with Chamath, Jason, Sacks & Friedberg
1929 vs 2025: Andrew Ross Sorkin on Crashes, Bubbles & Lessons Learned

Separates commercial banks and investment banks.

All-In with Chamath, Jason, Sacks & Friedberg
1929 vs 2025: Andrew Ross Sorkin on Crashes, Bubbles & Lessons Learned

And then sets up the FDIC, basically.

All-In with Chamath, Jason, Sacks & Friedberg
1929 vs 2025: Andrew Ross Sorkin on Crashes, Bubbles & Lessons Learned

And sets up the FDIC.

All-In with Chamath, Jason, Sacks & Friedberg
1929 vs 2025: Andrew Ross Sorkin on Crashes, Bubbles & Lessons Learned

Right.

All-In with Chamath, Jason, Sacks & Friedberg
1929 vs 2025: Andrew Ross Sorkin on Crashes, Bubbles & Lessons Learned

Again, when you see how that all came together, the FDIC piece of it, the backstory of like these laws.

All-In with Chamath, Jason, Sacks & Friedberg
1929 vs 2025: Andrew Ross Sorkin on Crashes, Bubbles & Lessons Learned

Exactly.

All-In with Chamath, Jason, Sacks & Friedberg
1929 vs 2025: Andrew Ross Sorkin on Crashes, Bubbles & Lessons Learned

And you'll see it.

All-In with Chamath, Jason, Sacks & Friedberg
1929 vs 2025: Andrew Ross Sorkin on Crashes, Bubbles & Lessons Learned

You will be in the room with these people literally going in there, sitting in the White House,