"Why do we have financial crises? Why do banks lose money? If history is any guide, it hasn't often been the result of speculative bets. It has been the result of banks making loans to individuals and businesses who can't pay them back."

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About Andrew Ross Sorkin

Andrew Ross Sorkin is an American financial columnist, journalist, and television co-anchor, best known for his reporting on Wall Street and the book Too Big to Fail.

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