Stephanie Smith of Women’s Wear Daily talked to Andrew Ross Sorkin of the New York Times about his plans to write a book on the current Wall Street turmoil.
Smith writes, “In Sorkinâ€™s case, he admits ‘the hardest part about this book is to figure out where the story begins and where it ends. Itâ€™s still a moving target and weâ€™re still seeing how it plays out,’ he told WWD in a 10 p.m. interview Thursday, just after he filed the breaking news of J.P. Morgan Chase buying the assets of Washington Mutual, a firm now considered to be the largest bank failure in U.S. history.
“At the least, Sorkin knew two weeks ago there was enough drama in the news for a longer form treatment. ‘There was a momentâ€¦where I remember going home at about 2 a.m. and Lehman had gone bankrupt, Merrill Lynch had just been sold to Bank of America and AIG was on the precipice of bankruptcy. And I remember thinking, Holy s–t this is a book, or a movie or something.’ It wasnâ€™t until last Monday that he ‘got remotely serious’ about putting pen to paper, though. His proposal, Sorkin described, ‘was pages, it wasnâ€™t really much of a proposal. A couple of scenes, a sense of characterâ€¦[enough to] give a sense that there are rich characters and plot points that can be [flushed out].’ Sorkin said heâ€™d be writing the book himself, but didnâ€™t say if heâ€™d be taking time off from daily reporting to complete it.”
Read more here.