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http://squawkbox.cnbc.com 03-11-2011 22:17:10
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LISTEN NOW: Google has fired 50 employees over sit-in protests at the office. Yale's Joanne Lipman and The Verge’s Alex Heath discuss activism in the office, and tech’s inflection point with its employees. Listen and follow the Squawk Box podcast here: link.chtbl.com/squawk_pod
JPMorgan's Jamie Dimon calls the economy 'unbelievable.' Joe Moglia agrees, saying, 'There are significant issues, I think, around the world that could have major impact, obviously, on us. But right now the market doesn't seem to be overly concerned with that.'
.Robert Steven Kaplan, former Dallas Fed President, on the Fed's monetary policy: 'I think the bar is extremely high for actually raising rates down the road. But I think they're going to be patient, noncommittal, and kick the can down a few more months.'
'For Citigroup, everything's a little upside-down, but this time is different,' says Wells Fargo analyst Mike Mayo. He's calling action on the company's reorganization, 'take 13.'
'I think a cut in December would be possible based on lower inflation,' says Jason Furman on the Fed. 'I don't think there's going to be enough time to build enough confidence that inflation has come down to justify lower rates.'
Google has now fired 50 employees it said were involved in protesting in offices. @Verge Deputy Editor Alex Heath and Yale University's Joanne Lipman discuss the state of culture in the workplace:
.Joseph E. Stiglitz explains sources of inflation following the pandemic, and says the Fed's response of 'just raising interest rates' missed the mark
Crisis management guru Eric Dezenhall on billionaires revisiting university donations: 'Some of this is your fault.'
Reporter Dana Mattioli on her deep dive into @Amazon: 'They say that they're customer-obsessed. But what I found is they're also competitor-obsessed. They're misrepresenting themselves to get on rival platforms to get secrets. And that's not a normal business tactic.'