Ken Langone: I feel betrayed

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 14 January 2021

⏱️ 35 minutes

🔗️ Recording | iTunes | RSS

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Summary

In an extended interview, billionaire Republican, Invemed Chairman, and Home Depot co-founder Ken Langone speaks out against reluctance to accept President-Elect Joe Biden as the nation’s next leader. As a trustee of NYU Langone, a philanthropist, and an American billionaire, Langone discusses taxes, pandemic relief, and the country’s public education system. Plus, in a conversation exclusive to Squawk Pod, Becky Quick reflects on Langone’s comments over his years of interviews on Squawk Box.

Transcript

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0:00.0	This is Squawk Pod. I'm C. M.
0:03.4	producer Katie Kramer. Today on our podcast, Ken Langoan.
0:08.4	In an extended interview, the famed investor and Home Depot co-founder weighs in on crisis in the capital.
0:14.0	I feel betrayed.
0:15.0	Last Wednesday was a disgrace and should never have happened in this country.
0:19.0	And if it doesn't break every American's heart, something's wrong.
0:22.0	It breaks my heart.
0:23.2	In spite of civil unrest he's certain about one thing.
0:26.2	All I care about is one thing.
0:28.5	January 20th, Joe Biden's going to be sworn in as president and I'm going to work my ass off any way I can.
0:35.0	If he's a great successful president, we all win.
0:38.0	Landgon speaks out as the patron of a major New York hospital and a product of the city's public schools.
0:43.7	When are we going to start as a nation to realize that we're going to be eaten alive by our foreign
0:49.1	competitors for one basic reason public education in America is a disaster and I've said it for years
0:56.0	ago when are we going to fix it? And he's got a message for the 1%. We need to put the greater good
1:01.8	of the country ahead of our own philosophical beliefs or our own our own aspect you want to tax me more money
1:07.7	You know what I'm saying is let's pay more taxes everybody I know that's of means feels the same way. It's
1:15.4	Thursday January 14th 2021 squawkpot begins right after this.
1:27.0	You're listening to Squawk Pod. Today we're bringing you our conversation with Ken Langone,
1:30.0	the Philanthropist and Home Depot co-founder.
1:32.0	And I spoke to Becky quick about
1:34.5	Lagnone. He has this sort of quintessential American success story. He does. I
	...

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