“Several companies have explicit policies against cronyism, with good reason. Hiring a family member simply for a relationship can be troubling and may not necessarily serve a company's interests. But by and large, financial firms in particular commonly hire people who have certain connections, whether through family or a business relationship.”

American journalist and author

Andrew Ross Sorkin is an American journalist and author. He is a financial columnist for The New York Times and a co-anchor of CNBC’s Squawk Box. He founded and edits DealBook, the financial news service published by The New York Times. Sorkin also wrote the bestseller Too Big to Fail, co-produced its HBO Films adaptation, and helped create the Showtime series Billions.