Several companies have explicit policies against cronyism, with good reason. Hiring a family member simply for a relationship can be troubling and may not necessarily serve a company's interests. But by and large, financial firms in particular commonly hire people who have certain connections, whether through family or a business relationship.

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About Andrew Ross Sorkin

Andrew Ross Sorkin was a contemporary 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. Read more on Wikipedia →

Themes

  • Family — The ties of kinship, parenting, and unconditional love

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