Wall Street’s Talent Pipeline; The Ozy Implosion 02/24/23

Squawk Pod

CNBC

News, Business News, Business, Investing

4.2 • 543 Ratings

🗓️ 24 February 2023

⏱️ 30 minutes

🔗️ Recording | iTunes | RSS

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Summary

In a special Squawk Pod “Reporter’s Notebook,” CNBC’s Frank Holland discusses the AltFinance Fellowship, a talent acquisition program that bridges HBCU students and finance’s biggest players–and hirers. Ozy Media’s Carlos Watson has been arrested, in the latest chapter of the media company’s implosion. Ben Smith, the journalist who broke the first story exposing the company, explains how Watson duped investors and partners. Plus, we’re one year into the Russian invasion of Ukraine, and regulators are heightening scrutiny on antitrust practices in big tech. In this episode: Ben Smith, @semaforben Frank Holland, @FrankCNBC Joe Kernen, @JoeSquawk Andrew Ross Sorkin, @andrewrsorkin Katie Kramer, @Kramer_Katie

Transcript

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0:00.0	Hi, I'm C. NBC producer Katie Kramer. Here's what's making news today on Squackpot.
0:09.0	One year since the Russian invasion of Ukraine killed and displaced many and rocked the global
0:14.4	economy in America's role in international conflict.
0:17.0	Did you see we're quadrupling the number of troops? We have 30 there now.
0:21.2	Regulators at the Department of Justice planning to block a major tech acquisition.
0:26.5	All the antitrust units have been colluding for, I mean colluding.
0:30.0	Colluding. Polluting.
0:31.0	They would take cooperating forever.
0:33.5	And a special Squack Pod reporter's notebook,
0:36.7	our Frank Holland on a Wall Street program investing in black futures.
0:40.9	Three people that it's pretty hard to get in the room with these three
0:43.3	gentlemen unless you're talking about some very big numbers these HBCU students are
0:47.2	getting the opportunity. Plus the unfolding of a startup that may have failed to
0:52.0	launch. Ozzy Media's Carlos Watson arrest. of a this story of fraud. That they were able to get this far essentially by having a series of very high profile people,
1:06.8	kind of vouch for them in a way that the next, you know, the next sucker looked and said,
1:11.0	look at this group of people.
1:12.4	Next group of suckers us.
1:14.0	Carlos Watson did try to clear the air on Squack Box.
1:18.0	I think he thought if he could like pass a litmus test on on this set it but it did not go well.
1:24.4	You did not go well do you remember that?
1:26.4	All that today it is Friday February 24th
1:29.5	squawkpot begins right now.
	...

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