Department of Justice’s Antitrust Chief; Amazon Seller Supply Chains; Pardoning Day

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 19 February 2020

⏱️ 38 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

President Trump has granted a series of pardons and commutations, including to financier Mike Milken and former Illinois Governor Rod Blagojevich; Jim Stewart, CNBC contributor, NYT Columnist, and journalist who covered the insider trading scandals of the 1980s discusses what clemency means for white collar crime going forward. Small businesses who rely on Chinese factories are getting hit by the coronavirus outbreak. Plugable Technologies CEO Bernie Thompson is one Amazon seller expecting an impact on his business. The Antitrust Chief for the Department of Justice, Makan Delrahim, discusses the T-Mobile, Sprint merger, Star Wars, Elf, and the future of big tech. Plus, BlueApron is considering ways to salvage its business, Joe Kernen is recruiting Twitter followers for Kelly Evans, and Andrew Ross Sorkin rings in his birthday with celebratory donuts.

Transcript

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0:00.0	Bring in show music please.
0:03.0	This is Squawk Pod, the daily podcast brought to you by the team behind Squawk Box.
0:08.0	NYC, this is NBC Control 2.
0:10.0	See, NBC's essential morning show.
0:12.0	PCR2. Every day get the best stories, debate, and analysis. see President Trump's day of pardons and commutations,
0:22.8	clemency for former Illinois Governor Bogoyevich.
0:25.4	And if you're asking me what my party affiliation is,
0:27.8	I'm a Trumpocrat.
0:28.9	And Junk Bond King Mike Milkin.
0:30.9	We hear from Jim Stewart, the journalist who wrote the book on the 1980s insider
0:35.2	trading scandals.
0:36.2	These particular crimes did create a tremendous amount of collateral damage.
0:40.8	The nation's top antitrust enforcer, Mac Del Rahim on the controversial Sprint T-Mobile merger.
0:46.7	This is serious stuff. This affects the economy. It affects millions of jobs.
0:51.2	And the coronavirus outbreak hitting small business, one Amazon seller with factories
0:56.2	in China.
0:57.2	We really expect the disruption to be hitting us hardest actually next month in March and April.
1:06.0	Those stories plus some birthday celebrations.
1:10.0	Where are the fireworks and balloons?
1:12.0	They got nothing.
1:12.7	I ask for those.
1:13.6	I'm C. M. B. Cady Kramer.
	...

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