Overview
- This week Sorkin made the comments in a CBS 60 Minutes interview about his book on the 1929 crash, saying he cannot predict timing or depth but that "we will have a crash."
- Sorkin said many top U.S. CEOs are "very scared" to speak out because they fear administration attacks, new regulation, or having planned mergers blocked.
- He flagged two modern vulnerabilities that echo pre‑1929 conditions: what he called an AI‑driven investment bubble and the rollback of post‑crisis financial rules.
- Sorkin argued that those factors combined with muted corporate warnings raise the danger that a rapid loss of confidence could trigger a sudden market collapse.
- Coverage amplifying his warning has appeared across outlets and no major policy moves or market events have been reported in direct response to his remarks so far.