{"id":12846021,"date":"2025-10-13T10:30:40","date_gmt":"2025-10-13T14:30:40","guid":{"rendered":"https:\/\/www.philstockworld.com\/?p=12846021"},"modified":"2025-10-15T01:49:01","modified_gmt":"2025-10-15T05:49:01","slug":"andrew-ross-sorkin-sees-parallels-to-1929-everywhere-he-looks","status":"publish","type":"post","link":"https:\/\/www.philstockworld.com\/2025\/10\/13\/andrew-ross-sorkin-sees-parallels-to-1929-everywhere-he-looks\/","title":{"rendered":"Andrew Ross Sorkin Sees Parallels to 1929 Everywhere He Looks"},"content":{"rendered":"<h2 data-testid=\"ContentHeaderHed\"><a href=\"https:\/\/www.vanityfair.com\/news\/story\/andrew-ross-sorkin-sees-parallels-to-1929-everywhere-he-looks?utm_source=flipboard&amp;utm_content=topic\/finance\" target=\"_blank\" rel=\"noopener\">Andrew Ross Sorkin Sees Parallels to 1929 Everywhere He Looks<\/a><\/h2>\n<p>When the\u00a0<em>New York Times<\/em> financial reporter set out to write about the economic climate that led to the Great Depression, he found a cast of characters that seemed, depending on your point of view, distressingly familiar.<\/p>\n<p><span class=\"BylineName-kqTBDS dbbFrV byline__name\" data-testid=\"BylineName\"><span class=\"BaseWrap-sc-gzmcOU BaseText-eqOrNE BylinePreamble-itSxDZ deqABF egXdYu htyAOy byline__preamble\">By\u00a0<\/span><a class=\"BaseWrap-sc-gzmcOU BaseText-eqOrNE BaseLink-eTpkqh BylineLink-goRRwF deqABF heeucv cBPdxM gygfkf byline__name-link button byline-link\" href=\"https:\/\/www.vanityfair.com\/contributor\/natalie-korach\">Natalie Korach, Vanity Fair\u00a0<\/a><\/span><\/p>\n<div class=\"CaptionWrapper-jYrTxZ hQNbbZ caption ContentHeaderLeadAssetCaption-ifsaEE gEczmG\" data-testid=\"caption-wrapper\" data-event-boundary=\"click\" data-event-click=\"{&quot;pattern&quot;:&quot;Caption&quot;}\" data-in-view=\"{&quot;pattern&quot;:&quot;Caption&quot;}\" data-include-experiments=\"true\"><span class=\"BaseWrap-sc-gzmcOU BaseText-eqOrNE CaptionText-brNLzD deqABF ijcmYY ixLsrW caption__text\">They didn\u2019t have DMs or cryptocurrency, but 1920s investors often pooled resources to manipulate share prices, much like the meme stocks of today.<\/span><\/div>\n<div data-testid=\"caption-wrapper\" data-event-boundary=\"click\" data-event-click=\"{&quot;pattern&quot;:&quot;Caption&quot;}\" data-in-view=\"{&quot;pattern&quot;:&quot;Caption&quot;}\" data-include-experiments=\"true\">\u00a0<\/div>\n<div class=\"CaptionWrapper-jYrTxZ hQNbbZ caption ContentHeaderLeadAssetCaption-ifsaEE gEczmG\" data-testid=\"caption-wrapper\" data-event-boundary=\"click\" data-event-click=\"{&quot;pattern&quot;:&quot;Caption&quot;}\" data-in-view=\"{&quot;pattern&quot;:&quot;Caption&quot;}\" data-include-experiments=\"true\">On a snowy day in January, BlackRock CEO\u00a0<a href=\"https:\/\/www.vanityfair.com\/news\/2010\/04\/fink-201004?srsltid=AfmBOord2P6DeBtsJfzrfhvY_8WC_U6rwz3dE2H47R6bkR5PWN0FdeaK\" target=\"_blank\" rel=\"noopener\">Larry Fink<\/a>\u00a0joined Andrew Ross Sorkin on CNBC\u2019s\u00a0<em>Squawk Box<\/em>\u00a0for an interview in Davos, Switzerland, where corporate and political leaders gather for the annual World Economic Forum. While the segment mainly revolved around the BlackRock CEO\u2019s plea for\u00a0<a href=\"https:\/\/www.vanityfair.com\/topic\/donald-trump?srsltid=AfmBOopSOWSTp8QqOqYJbHB66GdoAojeSmXJNow6WWUtFV6seo9icYoQ\" target=\"_blank\" rel=\"noopener\">Donald Trump<\/a>\u2019s SEC to make it harder for activist shareholders to take on corporations via proxy vote, Sorkin couldn\u2019t resist asking for Fink\u2019s take on the booming cryptocurrency ecosystem.<\/div>\n<div data-testid=\"caption-wrapper\" data-event-boundary=\"click\" data-event-click=\"{&quot;pattern&quot;:&quot;Caption&quot;}\" data-in-view=\"{&quot;pattern&quot;:&quot;Caption&quot;}\" data-include-experiments=\"true\">\u00a0<\/div>\n<p><a href=\"https:\/\/www.vanityfair.com\/news\/story\/andrew-ross-sorkin-sees-parallels-to-1929-everywhere-he-looks?utm_source=flipboard&amp;utm_content=topic\/finance\" target=\"_blank\" rel=\"noopener\">More here &gt;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>When the New York Times financial reporter set out to write about the economic climate that led to the Great Depression, he found a cast of characters that seemed, depending on your point of view, distressingly familiar. On a snowy day in January, BlackRock CEO Larry Fink joined Andrew Ross Sorkin \u2026<\/p>\n","protected":false},"author":183,"featured_media":12846023,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[26922,21,1,12],"tags":[],"class_list":{"0":"post-12846021","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-market-news","8":"category-available","9":"category-uncategorized","10":"category-phils-favorites"},"_links":{"self":[{"href":"https:\/\/www.philstockworld.com\/wp-json\/wp\/v2\/posts\/12846021","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.philstockworld.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.philstockworld.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.philstockworld.com\/wp-json\/wp\/v2\/users\/183"}],"replies":[{"embeddable":true,"href":"https:\/\/www.philstockworld.com\/wp-json\/wp\/v2\/comments?post=12846021"}],"version-history":[{"count":4,"href":"https:\/\/www.philstockworld.com\/wp-json\/wp\/v2\/posts\/12846021\/revisions"}],"predecessor-version":[{"id":12846517,"href":"https:\/\/www.philstockworld.com\/wp-json\/wp\/v2\/posts\/12846021\/revisions\/12846517"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.philstockworld.com\/wp-json\/wp\/v2\/media\/12846023"}],"wp:attachment":[{"href":"https:\/\/www.philstockworld.com\/wp-json\/wp\/v2\/media?parent=12846021"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.philstockworld.com\/wp-json\/wp\/v2\/categories?post=12846021"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.philstockworld.com\/wp-json\/wp\/v2\/tags?post=12846021"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}