Singles’ Day; Dimon’s Wealth; Social Media Spying

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 11 November 2019

⏱️ 32 minutes

🔗️ Recording | iTunes | RSS

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Summary

It’s Singles’ Day— one of the biggest shopping days in the world. Alibaba has already beat last year’s sales on the e-commerce platform’s 24-hour shopping event. JP Morgan CEO Jamie Dimon defended his $31 million salary in an interview about wealth inequality on 60 Minutes. Joe Kernen and Becky Quick discuss that and Taylor Swift’s boyfriends with guest host Tom Farley. General David Petraeus is on set for Veterans Day to encourage businesses to hire and support veterans’ careers. Alex Stamos, former chief security officer at Facebook, discusses social media’s role in national security in the wake of the Department of Justice charging two Twitter employees with spying for Saudi Arabia.

Transcript

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0:00.0	Bring in show music please.
0:03.0	This is Squawk Pod, the daily podcast brought to you by the team behind Squawk Box.
0:08.0	NYC, this is NBC Control 2.
0:10.0	See, NBC's essential morning show.
0:12.0	PCR2. Every day get the best stories, debate, and analysis. see Retire General David Petraeus on veterans in the workforce.
0:23.6	Businesses for a while thought it was the right thing to do to hire veterans.
0:27.8	Now they realize it's the smart thing to do.
0:30.4	Facebook's former security chief on foreign nations spying in the valley.
0:34.0	The only safe way in some of these countries that you can talk about how you dislike the
0:39.2	government, your desire for democracy and the like is on American tech platforms.
0:43.0	And J.P. Morgan's Jamie Diamond, who made $31 million last year,
0:48.0	says wealth inequality is a problem.
0:50.0	Joe, Becky, and guest host Tom Farley weigh in.
0:53.0	Jamie Diamond, there's a reason he's around.
0:55.0	At that point, you know, the best risk managers.
0:57.0	Plus Black Friday, Super Extra, the Shop Attainment of Singles Day.
1:02.0	I'm C.N. Cady Kramer, it's Monday, November 11th, 2019.
1:06.4	Squawk Pod begins right now.
1:08.4	Stand back you by in three, two, one, fuel free.
1:12.0	Good morning everyone.
1:14.0	Welcome to Squackbox here on C.
1:15.0	We are live from the NASDAQ market site in Times Square.
	...

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