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Squawking Welch, Buffett, Weill, and 'The Murse'


Talking Squawk, the official "Squawk Box" blog, provides tidbits, insights, and some sarcastic reflections on the WEEK THAT WAS and the WEEK TO COME from the notepad of the show's senior executive producer.

Straight from the gut

We spent all week celebrating the release of the CNBC First 25 List—a celebration of the 25 people who shaped the business world for the 25 years that CNBC has now been on the air.

For all of us at CNBC and thousands of corporate managers around the world who all have modeled their leadership style and approach around him, former GE boss Jack Welch was a no-brainer. He's No. 12 on the list.

We simply can't get enough of him. This is why we made sure Jack was our first of the 25 we talked with live on the air, after the list came out.

Among the topics we hit on included the outdated and uncompetitive United States tax system; the revolution of U.S. energy; and putting the "fun" back in business.

Oracle of Omaha

Benjamin Wachenje

OK, want another no-brainer: how about Warren Buffett? He's No. 6 on the list.

The Oracle of Omaha called into the Squawk newsline, so we could talk about the biggest changes he's seen in the last 25 years. Here's a hint, it's benefited investors with a lot less money than he has.

Here's Buffett's take on the buy-and-hold strategy he's made famous.

Father of the supermarket bank

Benjamin Wachenje

In the last 25 years, can you name a bigger name in the world of banking than Sandy Weill? He created the financial supermarket and undoubtedly changed the face of both Wall Street and Main Street along the way.

As No. 21 on the CNBC First 25 List, we had him come in and guest host the show this week. And he came prepared, especially when we asked him if big banks are now too big to jail?

Check out his answers when we asked him about his biggest mistake and why regulators should not be adversaries.

Mohamed El-Erian in the hot seat

Leaving Pimco was a difficult decision: El-Erian

Mohamed El-Erian stopped by the set early on Monday morning to get our week going. Before we got to the markets with him we tried to get him to open up on why he left Pimco and what really happened with Bill Gross.

So after that went nowhere, we got into good old-fashioned stocks and bonds. El-Erian thinks stocks, in particular, may be in for a rude awakening.

Earnings on next week

'The Murse'

Follow the trail of "Squawk Box" logic here: @JonSteinberg of Buzzfeed came on last week with his "satchel."

This led to a conversation about men and "fanny packs."

This led to Harrison Ford as Indiana Jones with his satchel in "Raiders of the Lost Ark."

Somehow, that morphed to Zach Galifianakis in "The Hangover" with his "murse" (a.k.a. man purse).

This, of course, got us to Squawk co-host Joe Kernen wanting to be Indiana Jones, but looking more like Galifianakis—all inspired by Steinberg's original satchel.

Welcome to the way Squawk Box thinks!

Hair Nation (courtesy @PaulDeFabo & @Keith_Falcone)

We love Roger Altman. He's a Democrat that Joe can actually relate to.

Only problem was, when our show director Paul and technical director Keith tried to bring the two parties together, the bipartisan result was not what we were hoping for.

Word Jumble

A short week for the word jumble because Squawk co-host Becky Quick was off by Thursday and headed to Omaha for the Berkshire Hathaway annual shareholders meeting. But Joe and Becky did get a few rounds in—with Joe winning two out of three. Here is Joe's bonus Jumbled word of the week: LCAASU. Becky's word is: TOHSCC. Get the answers at the end of the blog.

Mark your calendar (or set your DVR)

  • Monday: Warren Buffett, Charlie Munger, and Bill Gates LIVE from Omaha
  • Tuesday: Gary Kaminsky (Morgan Stanley), Trevor Fetter (Tenet Healthcare CEO)
  • Wednesday: Jay Jordan (The Jordan Company)
  • Thursday: Robert Wolf (32 Advisors CEO), Martin Feldstein (Harvard University)
  • Friday: Kenneth Rogoff (Harvard University), Jurrien Timmer (Fidelity)

Next week's economic calendar

  • Monday: ISM Non-Manufacturing Index (10 a.m. ET)
  • Tuesday: International Trade (8:30 a.m. ET)
  • Wednesday: Productivity and Costs (8:30 a.m. ET)
  • Thursday: Jobless Claims (8:30 a.m. ET)
  • Friday: Wholesale Trade (10 a.m. ET)

'The Corny-Sappy Motivational Business-Based Inspirational Quote'

"If you can't feed a team with two pizzas, it's too large."
— Amazon's Jeff Bezos

*Joe's Jumble bonus word answer: LCAASU = CASUAL

*Becky's Jumble bonus word answer: TOHSCC = SCOTCH

—By CNBC's Matt Quayle