Coronavirus; Bloomberg’s Campaign Manager; Billionaire Robert Smith

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 27 January 2020

⏱️ 43 minutes

🔗️ Recording | iTunes | RSS

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Summary

Joe Kernen, Andrew Ross Sorkin, and Michelle Caruso-Cabrera reflect on Kobe Bryant’s legacy as an athlete and businessman. CNBC’s Beijing Bureau Chief Eunice Yoon is on the ground in China with updates on the coronavirus, and CNBC’s Senior Economics Reporter Steve Liesman is on set in New York with some lessons from history about the economic impact of a pandemic. Michael Bloomberg’s campaign manager Kevin Sheekey speaks to the campaign’s $217 billion in ad spending, and addresses whether Bloomberg’s financial status hurts his 2020 run more than it helps. Plus, Andrew’s Davos interview with Robert Smith, the billionaire philanthropist who made headlines last May for paying off the student debt for Morehouse College’s entire class of 2019.

Transcript

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0:00.0	Bring in show music please.
0:03.0	This is Squack Pod.
0:05.0	The daily podcast brought to you by the team behind Squack Box.
0:09.0	NYC, this is C. M.C. Control 2.
0:10.0	C. M. Show.
0:13.0	Every day get the best stories, debate, and analysis
0:16.0	from the biggest names in business and politics.
0:18.0	All we're coming to it next.
0:19.0	Today on Squack-Pod.
0:21.0	Concerns about the spread of the coronavirus have gripped communities
0:24.8	around the world and economists are looking to history for lessons on the impact of
0:29.1	pandemic fears.
0:31.1	See and be seen Steve Leisman.
0:31.9	Three lessons from history.
0:33.0	One, a pandemic is an ever-present terrorist.
0:35.7	Can't get rid of that.
0:36.6	Two, they mostly don't happen.
0:38.9	Three, it takes a very serious and unique virus to have a major economic impact.
0:45.0	Michael Bloomberg's campaign advertising budget is way bigger than anyone else's, but it's
0:49.6	only part of his strategy for success.
0:52.2	The campaign manager for Bloomberg's 2020 run.
0:55.0	What business wants is predictability. What business wants is rational behavior.
	...

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