Five questions for deal tracker Andrew Ross Sorkin
Andrew Ross Sorkin is the co-anchor of CNBC's "Squawk Box," that airs weekdays at 6 a.m. - 9 a.m. He is also the founder of the news site DealBook (published by The New York Times) and an author. He lives with his wife and twin toddler sons on the Upper West Side.
What would you most like to see changed or accomplished in New York? A tax or a toll on the vehicles coming into Manhattan below 96th St. would be a huge boon to the city. I've seen what it did in London: It makes the city a better place for pedestrians, for everyone! ! They could take the money and improve the subways and the buses. The state and federal government should kick in, too: New York City has always gotten a raw deal in terms of the money we provide in terms of tax revenue and what we get returned. And they have to fix that Metro Card. There's always 50 cents or a dollar left over: It's not the money I lose (that bugs me): It's just not a practical way to sell a product.
You know a lot about money. Where do you bank? We have a basic checking account at Chase because they have ATMs at the Duane Reades. But our account there is more a function of inertia than anything else.
What do you know about New York City that no one else does?There used to be a "cracker man," in Central Park around W. 70th St.: He used to give all the kids Saltines and my parents would let me take them. No one would know about him. And there's a sleep over party at the Museum of Natural History. You take your kids and they can sleep under the giant whale. (For more information go to www.amnh.org/kids/sleepovers/)
Where do your sympathies lie with the Occupy Wall Street crowd? I sympathize broadly with the problems of inequality they are articulating. They've clearly got people's attention, but focusing on OWS is missing the much broader problem. It's not simply a rich versus poor story. There is a malaise in the country and a sense that things aren't working; that the American dream . . . has gotten a lot more challenging. But I still believe that anyone with great passion and hustle and drive, a sense of striving and that little extra special sauce can still succeed. It's just not as easy as it was.
Finish this sentence: "Being a New Yorker means . . . . ." Living in the greatest city in the world!