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Transcripts For CNBC Squawk Box 20161222

Are actually seeing the euro turning lower here. Looking at crude, the picture in crude, wti down by 0. 4. Date to for brent crude. Heres big stories that we are watching today. Another wild trading session for the worlds oldest bank. Shares of monte dei paschi tell 7 in early trading after the embattled lender admitted there are no anchor investors taking up its share sale. A state bailout is expected with any losses forced on to bond holders. The president elect is tapping carl icahn as a special adviser. The billionaire investor will work on rescinding what he calls excessive regulation on u. S. Businesses. The Transition Team says icahn will not be a federal employee, and he will not take a salary. Another well known face to cnbc viewers is getting a job in the Trump Administration. The president elect is hiring economist
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