BlackRock’s New Board Member & Ben McKenzie, a Bitcoin Bear 7/18/23

Squawk Pod

Jul 18, 2023•30 min

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Episode description

BlackRock has named Saudi Aramco CEO Amin Nasser to its board, a surprise move the company says will give it ‘a unique perspective’ on key issues. Jeff Sonnenfeld, Yale School of Management senior associate dean for leadership studies, discusses the decision and its impact on BlackRock’s ESG goals. ‘The OC’ actor and ‘Easy Money’ author Ben McKenzie explains his bitcoin pessimism, highlighting the risks and norms within the crypto industry. Plus, Warren Buffet’s Berkshire Hathaway has dumped a significant portion of its stake in Activision Blizzard as Microsoft’s deal to buy the video game company edges closer to the finishing line.

In this episode:
Ben McKenzie, @ben_mckenzie

Jeffrey Sonnenfeld, @JeffSonnenfeld

Andrew Ross Sorkin, @andrewrsorkin
Joe Kernen, @JoeSquawk
Becky Quick, @BeckyQuick
Katie Kramer, @Kramer_Katie

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