Ready, Set, Baste! Turkey Day Talkers: Flights, Frauds, & Frying Tips 11/23/22

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 23 November 2022

⏱️ 33 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

On the conversational menu this Thanksgiving: debating the character (and intentions) of disgraced FTX founder Sam Bankman-Fried, Disney’s new Avatar movie, China’s cycle of lockdowns, managing the holiday rush of travelers, and cooking the turkey to perfection. Galaxy Digital’s Mike Novogratz, a longtime crypto bull and billionaire with over $76 million in exposure to FTX, considers the winners coming out of the crypto exchange’s fiasco. CNBC’s Phil LeBeau has the traveler story from Chicago’s O’Hare International Airport, and CNBC’s Beijing Bureau Chief Eunice Yoon reports on another round of Covid lockdowns across China. Plus, Bill Nolan, an expert at the Butterball Turkey Talk-Line, has all the tips for a crisis-free, flavorful Thanksgiving meal. Happy Thanksgiving! In this episode: Mike Novogratz:@novogratz Bill Nolan: @butterball Phil Lebeau: @Lebeaucarnews Eunice Yoon:@onlyyoontv Andrew Ross Sorkin, @andrewrsorkin Brian Sullivan, @SullyCNBC Katie Kramer, @Kramer_Katie

Transcript

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0:00.0	Bring in show music please.
0:04.0	Hi, I'm C. NBC producer Katie Kramer,
0:07.0	today on Squawk Pond, the talk of your turkey table.
0:10.0	First, cryptos on the menu.
0:12.0	This was a kid who got completely and utterly over his skis,
0:16.0	and of course the less generous view is that this was a Ponzi scheme.
0:19.0	A what's what, who's who, what's next of the FTX collapse?
0:23.6	And who still has pie on their face?
0:25.4	This is far more Therinocian than Iranian.
0:29.0	One of the billionaire Bitcoin believers taking a loss,
0:32.2	but hopeful anyway, Galaxy Digital's Mike Novograt's
0:35.0	This is about transparency and disclosure. Our industry has failed to self-regulate.
0:40.0	Other holiday conversation starters include China's COVID lockdowns,
0:44.4	Avatar at the theater, oh and a seasonal favorite,
0:47.4	traffic, but so far so good for American travelers,
0:51.4	our Philaboe is at the airport already.
0:54.0	This will be not the busiest day of this week, but one of the busiest.
0:59.4	And how do you know when it's done?
1:01.2	Mastering the centerpiece this Thanksgiving, Turkey tips from the Butterball
1:05.2	talk lines Bill Nolan. My first piece of advice is be prepared. Be like a boy scout.
1:10.0	Let's give him pumpkin to talk about.
1:17.0	It's Wednesday, November 23rd, Squack Pod begins right now. Stand by three, two, one, with Mike here.
	...

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