“Under the Foreign Corrupt Practices Act, a company is not allowed to provide a personal benefit to a decision maker in return for business. But hiring the sons and daughters of powerful executives and politicians is hardly just the province of banks doing business in China: it has been a time-tested practice here in the United States.”

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.