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Transcripts For CNBC Squawk Alley 20240713

Limited number of cases but more important were tracking all the people who are in periods of cooling off and we track that very carefully, make sure that they come through without getting sick and if they need to be tested and stuff we work with them. Boris johnson comes down with it i talk with my wife. Are we going to get it, our kids, who is going to get it do you have to think like that at bank do you have people working closely with each other . Social distancing, im sure youre trying to practice it, but its on everybodys minds am i going to get it . Sure. For our teammates immediately, the first thing we did a couple weeks ago plus now is went out and solicited all the people high risk and you heard the medical experts, dr. Fauci, dr. Birx and others talk about that, you know, the high risk is a much different case. We went out and said, please identify and got them off the line and put got them home and away from the situation. I think that probably goes back two weeks ago now.

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Transcripts For BLOOMBERG The David Rubenstein Show Peer To Peer Conversations 20240713

Fixed, but ok. We will leave it this way. Alright. I dont consider myself a journalist. And nobody else would consider myself a journalist. I began to take on the life of being an interviewer, even though i have a day job of running a private equity firm. How do you define leadership . What is it that makes somebody tick . David for about 20 years or so, you have been the wealthiest man in the world. But because you have given away so much money recently, jeff bezos became wealthier. Do you think if you had stayed in college and gotten your College Degree [laughter] i mean, you dont feel inadequate now, being only the second wealthiest man in the world, is that right . Bill no. I mean, it is a sign that i have not given the money away fast enough to drop out of the top 10. And, you know, the market has been strong. [applause] david actually, the market has been strong. Microsoft is up 35 this year. So to what do you attribute that . Bill the company, you know, is doing super well. Saty

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Transcripts For CNBC Squawk Alley 20240713

And say the market is reaching extremes of being oversold theres been signs of internal panic and we were set up for at least some kind of snapback. A couple caveats there, we did have a couple tuesday rallies of 5 and 6 the past couple weeks that did not arrest the downtrend. One thing you can hang a little bit of weight on right now is the fact that over the past several days youve been able to look below the surface of the indexes and see more differentiation, separating winners from losers and a little more stock picking and less indiscriminate selling all sets us up for a good bounce on obviously expectations of policy traction that were getting from the fed and congress likely. All that seems to say its a bounce, a very strong one, its an overdue one will it carry on to anything i dont know that we can say for sure, but i like to say every bottom start with a bounce, not every bounce becomes a bottom. In the meantime just i think to put your point into one phrase, its turnaround

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Transcripts For BLOOMBERG The David Rubenstein Show Peer To Peer Conversations 20240713

We will leave it this way. Alright. I dont consider myself a journalist. And nobody else would consider myself a journalist. I began to take on the life of being an interviewer, even though i have a day job of running a private equity firm. How do you define leadership . What is it that makes somebody tick . For about 20 years or so, you have been the wealthiest man in the world. But because you have given away so much money recently, jeff bezos became wealthier. Do you think if you had stayed in college and gotten your College Degree [laughter] i mean, you dont feel inadequate now, being only the second wealthiest man in the world, is that right . Bill it is a sign i have not given the money away fast enough to drop out of the top 10. And, you know, the market has been strong. [applause] david actually, the market has been strong. Microsoft is up 35 this year. So to what do you attribute that . Bill the company is doing super well. Satya nadella is a great ceo. You know, the whole dre

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Transcripts For CNBC Squawk Alley 20240713

Something we havent seen for the dow and s p in more than a ho month and a half to wilfred frost who has breaking news. Hi, morgan. Yes, james gorman the chairman and ceo of Morgan Stanley sent a note out to colleagues that were seen by myself and the content confirmed by a spokesperson at Morgan Stanley, in it he said, quote, 90 of our employees are working from home. As a result the normal bonds created by every day interactions with colleagues have been impacted and im hoping my perspective on the firm and crisis will be helpful and you have all seen the Federal Reserve actions are extraordinary but given the circumstances necessary markets cannot function without liquidity and they have taken real steps to address this critical issue he went on to say, slowly, governments across the world are putting aside their politics to arrive at blockbuster support and stimulus packages. Way too many people have lost their jobs overnight and it is central for government to act as aggressive as

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