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Transcripts For CNBC Squawk On The Street 20240712

Consternation about the opec meeting. Jim, another day of Business Leaders addressing racial inequality whether its gorsky on squawk, moynihan, ballmer, this letter by cory barry, theyre out in force yeah. I thought that one of the themes echoed by alex gorsky is no more dodging. Look, im white, i am part of the problem because im not doing enough i think theres been a long history of people who have said im white, im older, im a ceo, i cant do anything other than have a committee and put some money at it. Theres far more soul searching this time. These are heartfelt sentiments but also sentiments that say im rolling my sleeves up. Im not going to say my heart is going out with them. The hearts going out with them doesnt work it is something that is a platitude, something that gets nothing done and when you hear it now, its code for, hey, okay, i finished that lets talk about the numbers i think that a lot of courageous actions, different tone. David, you have to admit, this is a tone

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