“TARP became so politicized that having money from it was almost like a scarlet letter. There were debates over compensation, worry that the rules were going to get changed. All the banks were desperately rushing to get that money back as soon as possible - in part, so they could pay themselves bonuses without any government restrictions.”

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.