David Rubenstein, Super Mario, & Mifepristone 4/10/23

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 10 April 2023

⏱️ 26 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Carlyle Group co-founder and co-chairman David Rubenstein considers how the banking crisis of today compares to that of 2008. In a wide-ranging conversation, he discusses the latest jobs report, the tight labor market, and the Federal Reserve’s path forward. Rubenstein shares details from his upcoming new docuseries on PBS, “Iconic America.” A federal judge in Texas suspended the FDA’s approval of the abortion pill mifepristone. CNBC’s Meg Tirrell reports on the pharmaceutical response to the decision. Plus, ‘The Super Mario Bros. Movie’ had a big weekend at the box office, China completed military exercises near Taiwan, and Jon Rahm mastered the Masters. In this episode: Meg Tirrell, @megtirrell Eamon Javers, @EamonJavers Andrew Ross Sorkin, @andrewrsorkin Joe Kernen, @JoeSquawk Melissa Lee, @MelissaLeeCNBC Cameron Costa, @CameronCostaNY

Transcript

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0:00.0	Bring in show music please.
0:04.0	This is Squackpad and I'm C.N.C. producer Cameron Costa.
0:08.0	On today's episode, a wide-ranging conversation with Carlisle co-founder David Rubinstein.
0:15.0	I would think that the 25 basis point increase is more likely than not because
0:19.6	inflation hasn't really gone down as much as they would like.
0:22.1	Interest rates, the banking crisis,
0:24.0	plus highlighting America's iconic history.
0:28.0	I try to educate people about American history
0:30.0	and the theory that if you have an informed citizenry,
0:32.0	you have a better democracy.
0:33.5	And a federal judge's decision on an abortion pill,
0:37.1	CNB C's Meg Turrell with what it means for Big Pharma.
0:41.2	It appears to mark the first time a judge has overturned an FDA
0:44.5	approval of a medicine. But first the other stories that got a squawking this
0:49.9	morning like military drills near Taiwan the latest on FTX, Super Mario the
0:56.1	movie and mastering the masters. He is like ice ice in his veins.
1:03.0	Yeah.
1:04.0	It's Monday April 10th, 2023 and Squawk Pod begins right now.
1:09.0	Stand under by in three, two, one,
1:12.0	Q. And good morning and welcome to Squackbox right here on
1:16.0	CNBC. We're live at the NASDAQ market site in Times Square,
1:18.9	Manj Ross, working along with Joe Kernan and Melissa Lee.
	...

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