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Squawk Pod

Elon and Elizabeth and Raj

Squawk Pod

CNBC

Investing, Business, News, Business News

4.2543 Ratings

🗓️ 15 December 2021

⏱️ 38 minutes

🧾️ Download transcript

Summary

In this special podcast, Andrew Ross Sorkin spoke with Galleon Group Founder, Raj Rajaratnam, who was convicted in 2011 of 14 counts of securities fraud and conspiracy in one of the biggest insider trading cases in history. Prosecutors accused him of making tens of millions of dollars by trading illegal information about stocks like eBay, Goldman Sachs and Alphabet, then known as Google. Now he’s spent seven years in prison, paid more than $150 million in fines and his first interview after being released from prison is with Squawk Box. Raj Rajaratnam is also the author of a new book about his experience, “Uneven Justice: The Plot to Sink Galleon.” Plus, pro sports is getting hammered by Covid in spite of vaccinations and safety protocols; and the Twitter battle between 2021’s person of the year, Elon Musk, and Sen. Elizabeth Warren. Joe, Becky and Andrew try to channel “The Art of Happiness” podcaster Arthur Brooks when discussing the viral tweet for tat. In this episode: Raj Rajaratnam, @UnevenJustice Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick Andrew Ross Sorkin, @andrewrsorkin Katie Kramer, @Kramer_Katie

Transcript

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0:00.0

Bring in show music please.

0:03.0

This is Squawk Pod. I'm C. NBC producer Katie Kramer.

0:08.0

Today on a special podcast.

0:10.0

Galleon group founder Ron Roger Rotnam convicted on 14 counts of securities fraud and conspiracy,

0:15.7

we have his first interview since he was released from prison after serving seven years.

0:20.8

When you look at the wiretap for dirty people, what do you see? You see dirt.

0:27.0

Prosecutors accused him of making millions by trading illegally, and now he's ready to tell his story.

0:32.0

Today, are you now saying or accepting... and now he's ready to tell his story.

0:32.6

Today, are you now saying or accepting that you were provided with information?

0:36.9

As a head front manager, you get hundreds of calls a week, bits of information.

0:41.8

Plus, pro sports, hit by COVID in spite of vaccinations and safety protocols.

0:47.0

And our 2021 person of the year still tweeting.

0:50.0

I think that when you start name calling people and trying to bully people it's a bad look

0:56.6

It's Wednesday December 15th

0:59.0

Squack pod begins right now

1:00.9

Stand Becky by in three, two, one, queue please.

1:05.0

Good morning everybody.

1:07.0

Welcome to Squawkbots right here on C.

1:09.0

I'm Becky Quick, along with Joe Kernan and Andrew Raw Sorkin.

1:12.0

There's a high profile tax fight that's breaking out on. along with Joe Kernan and Andrew Ross Sorkin.

1:13.0

There's a high profile tax fight that's breaking out on Twitter.

1:16.0

Between sitter, Elizabeth Warren, and you guessed it,

...

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