Market Moving Insight and Analysis joined Jim Kramer, David Faber, and me, Carl Kintania, on the opening bell hour of CNBC Squawk on the Street. Good morning. Welcome to Squawk on the street. I'm Carl Kintanee at the New York Stock Exchange, Jim Kramer, David Faber, at the CNBC, an institutional investor delivering Alpha Conference in New York City. That was SEC Chair, Jay Clayton. As you saw, we'll get a lot more

from that event later on this morning. Also moments from now, Kobe Bryant, the basketball legend,

quickly becoming an investing legend. We'll talk some money in sports, futures in a tie range

on a day full of economic data. But of course, delivering Alpha, the big story today, a number

of heavy hitters at the investor summit and a pretty

good discussion there guys about the nature of our capital markets these days yeah i mean look i

think that one of the things that we're all trying to figure out as a relation between what's going on

with the fed what's going on with business as a force of change that's something that i I think that Andrew was bringing up. Just bringing up the business roundtable, which is very interesting. It's a month or so already. Right. That's what people are. That's what people are. I'm curious to hear what Mr. Clayton had to say an answer. That's what people buzz about with me, which is to try to figure out how much that is, I know, they're going to

say it as non-earnings. And the term I'm using, by the way, is called greenwash. How much is

greenwash and how much is actual green? What can CEOs get away with in order to not hurt

earnings and still fulfill the role of a modern day CEO? And I think it's pretty fascinating because it's what people get to now when they go to a confab like this.

Yeah, Carl, the changing face of capitalism, which we've talked about a lot, of course, on the show,

or in terms of whether it's happening at all, frankly, and what it will mean for corporations and the responsibilities that they see and or the way that they sort of order those

Responsibilities shareholder values certainly still considered

Yeah, it's funny because I guess we're supposed to be talking about the quarter point

But I think when you have one of these gatherings what people are trying to figure out is what do I do as a modern day CEO when my goal is not just to please

my shareholders. I have to please these stakeholders. And when I say, oh, I have to please

these stakeholders, there's a lot of people uncomfortable with it because they didn't grow up in a

world where what they're supposed to do is not necessarily make earnings per share, but make the world a

better place. Making the world a better place per share is not something that they are comfortable with. And I like that because they're all struggling. And if they're struggling, maybe there'll be changed. Yeah, we're going to get to things that involve per share, namely some of these buybacks, at least three that I count this morning, guys. But you're going to have a busy morning, both you, Jim and David,

with watching Mike Pence with Kernan later on today, and of course you'll handle Proctor as well.

Yeah, look, this Proctor story is really kind of amazing, because there was this tremendous battle.

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