Squawk Pod1 Des 2022

FTX Founder Sam Bankman-Fried: “I’ve had a bad month” 12/01/22

In his first public appearance since the collapse of the crypto exchange he founded, disgraced former FTX head Sam Bankman-Fried spoke to Andrew Ross Sorkin at The New York Times DealBook Summit. Andrew recaps the highlights of his extended conversation with the former “crypto king” with Joe Kernen and Becky Quick, and considers whether his remorse for the damage he’s caused is genuine. In a remarkably candid conversation, Bankman-Fried admits to messing up, and attempts to clear the air on what went wrong at his crypto exchange. More than 100,000 railroad workers seeking guaranteed paid sick leave are on the brink of a strike, and the unions, freight carriers, and US government are working on an agreement to avert a crisis. U.S. Secretary of Transportation Pete Buttigieg explains why a railroad shutdown could spell a logistical disaster for the country, ahead of the Senate’s vote on a rail labor deal. Plus, Fed Chair Jay Powell has signaled that a slowdown to rate hikes might start soon! CNBC’s Steve Liesman parses through the Fed speak and what it means for inflation nationwide.

In this episode:

Sam Bankman-Fried, @SBF_FTX

Pete Buttigieg: @SecretaryPete

Steve Liesman @Steveliesman

Becky Quick @BeckyQuick

Joe Kernen, @JoeSquawk

Andrew Ross Sorkin, @andrewrsorkin

Cameron Costa, @CameronCostaNY

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