Scott Bok

speaker

484 appearances 1 recordings 1 series first heard May 2025 last heard May 2025

Scott Bok’s voice in public audio — every appearance, attributed to the second.

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Odd Lots · Scott Bok on How Bankers Spread the Gospel of Capitalism · 19 May 2025 podcast

It uncertainty that clearly is.

Oh you made it about twenty minutes or twenty five minutes.

Well, you made it about 20 minutes or 25 minutes of good.

It's clearly impacting markets.

But you know, when I talk about in my book, sort of the Dow below a thousand on the day I graduated college, and it's 40,000 today, made 40 times gain.

And I do feel like a lot of that was driven by globalization.

And I think if that was going to be reversed, sort of the untangling the strands of spaghetti that we've created.

Created in sort of the corporate world, I think is going to be very problematic.

And that's why, you know, you hear things like I think Secretary Besson the other day talked about how the current situation between the US and China is unsustainable.

I think a lot of business people are thinking, yeah, it's unsustainable and therefore they won't sustain it.

Yes.

They they will they will back off.

But I'm not sure that's gonna happen and nobody else is either.

superseded?

I think that in in many parts of the world and you know, even in America really, you you had this sense of just sort of the corporation was an an an enter an an entity of itself.

It had a life of its own and it's its goal was just to perpetuate itself.

And you know, there wasn't a lot of M and A.

I mean there was a you know, of course I I mentioned I started my career at Wachtel Lipton and you know, Marty Lipton, the founder of that firm, was such a a great, you know, spokesman for this issue of the market for corporate control.

That only when you had the discipline of the market that said, Essentially, you're a CEO, you're a board, manage it however you want.

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