Mark Cuban: No Buybacks; Bailing Out Boeing; Staying Safe

Squawk Pod

CNBC

Investing, Business News, News, Business

4.2 • 543 Ratings

🗓️ 18 March 2020

⏱️ 30 minutes

🔗️ Recording | iTunes | RSS

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Summary

“What can we do to make sure that everybody lands on their feet?" Entrepreneur, investor, and Mavericks owner Mark Cuban contemplates the responsibility of billionaires, corporations, and governments to ensure financial and physical wellbeing for everyone. Former FDA Commissioner Dr. Scott Gottlieb considers best practices to curb the spread of coronavirus as the pandemic wages on. Airlines are seeking over $50B in government assistance as travel plans grind to a near-halt. Aerospace analyst Seth Kaplan compares a potential 2020 bailout with the airline bailout after 9/11.

Transcript

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0:00.0	This is Squawk Pod. I'm C. NBC producer Katie Kramer. Today on our podcast,
0:06.7	Airlines seeking over 50 billion in government assistance,
0:10.0	three times the size of their bailouts after 9-11,
0:12.6	aerospace analyst Seth Kaplan.
0:14.6	This is an industry that thought it had put itself in a position
0:17.4	to get through absolutely anything,
0:19.2	and you know, it probably was in a position to get threat absolutely anything except this.
0:23.7	Mark Cuban says the US government has taken risk out of the equation, but bailouts are needed
0:29.4	for workers.
0:30.4	When you're really blessed like I am, the value of one marginal dollar becomes minimal.
0:35.0	It's not just about how much more money I can make, but what other types of impact can I have?
0:40.0	And the latest on staying safe with Dr Scott Gottlieb,
0:43.4	former FDA chief.
0:44.6	We're certainly having an impact on the scope of this epidemic
0:47.0	and the contours of this epidemic.
0:48.8	It's Wednesday, March 18th, 2020,
0:51.3	Squacapod begins right now.
0:53.0	Stand Becky by in three, two, one, cure please.
0:57.0	Good morning everybody.
0:58.0	Welcome to Squackbox here on CMBC.
1:01.0	We are coming to you live from all over the place today. I'm Becky Quick along
1:04.8	with Andrew Ross Sorkin and Joe Kernan and again we are making sure we continue
	...

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