Kodak’s New Big Picture; SEC Chairman Jay Clayton; Dr. Scott Gottlieb

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 29 July 2020

⏱️ 32 minutes

🔗️ Recording | iTunes | RSS

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Summary

Kodak is back. The once-giant corporation responsible for most twentieth century American memories is now reinventing itself as a drug company. Executive Chairman James Continenza explains Kodak’s comeback amid the coronavirus pandemic. SEC Chairman Jay Clayton discusses corporate hygiene as company boards cash in on their own holdings. He issues a word of advice for investors looking to get involved in SPACs, and urges transparency among corporate management. Plus, former FDA Commissioner Dr. Scott Gottlieb discusses the race for a Covid vaccine and planning schools’ fall semesters.

Transcript

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0:00.0	This is
0:02.0	C.N. B. C. C. C. C. Cramer, today on our podcast.
0:07.0	The post-Covid world, Scott Gottlieb, former FDA chief on starting school and getting vaccines to market.
0:13.2	I don't think this is one and done with COVID.
0:15.6	I think we're going to need to innovate these vaccines and change them perhaps annually.
0:20.3	Shareholders look out.
0:21.7	SEC Chairman Jay Clayton urges investors to keep an eye on management
0:26.0	and encourages board transparency during the COVID crisis.
0:30.0	This is something where good corporate hygiene is essential.
0:35.1	And Kodak's second act, the one-time corporate giant's reinvention as a drug company.
0:40.5	We need to bring this back.
0:41.5	We have to protect our shores. We have to protect our shores. We need to have these
0:44.2	pharmaceuticals here. It's like the new war. Those stories and more.
0:48.4	Becky, quick, is in the house. Well, on the show.
0:51.5	It's Wednesday, July 29, 2020,
0:54.2	Squawk Pot begins right now.
0:56.3	Good morning, everybody.
0:58.3	Welcome to Squawk Box here on C.
1:00.3	I'm Becky Quick, along with Joe Kernan and Andrew Ross
1:02.6	Sorkin and Joe I'm in the house my house
1:05.0	Right to see you guys where does someone who's on vacation go on vacation that was the question yesterday. How does that work?
1:13.3	Nowhere, nowhere.
	...

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