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Eamon Javers Profile picture
@EamonJavers
Sep 18, 2020 • 6 tweets • 1 min read • Read on X
Just spoke to a senior administration official about the state of play on Oracle/Tik Tok right now. SAO said: No former CFIUS committee meetings yet, but Steven Mnuchin is holed up on the phones trying to work this out with his team. “No final decisions have been made.”
SAO: There is still “a chance” for an Oracle/Tik Tok deal by Monday.
But SAO also said: “WeChat is dead in the United States.”
SAO on Tik Tok: “Mnuchin cares about the deal but POTUS could take it or leave it.”
SAO says the Chinese government has not blessed the deal yet: “Chinese government has yet to signal that they would take the deal. That’s an important point here. They will be heard from.”
The official says that there is a scenario in which the parties could agree to a deal and Trump could bless it, and the Chinese will block the sale anyway.

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More from @EamonJavers

Eamon Javers Profile picture
Nov 16, 2023
My view of the standing ovation for Chinese President Xi Jinping tonight in San Francisco from a ballroom full of some of the most powerful American CEOs and Chinese officials. I’ll have more Thursday morning on ⁦@SquawkCNBC⁩ on ⁦@CNBC⁩.
It’s a little difficult to read, but here’s my pic of the program last night, listing who hosted the dinner honoring Chinese president Xi Jinping and who paid for it. Image
And these are some of the listed attendees.
Image
Image
Read 5 tweets
Eamon Javers Profile picture
May 26, 2023
The Washington Post obtained the transcript of JPMorgan exec Mary Erdoes’ deposition transcript in the Jeffrey Epstein sex trafficking lawsuit: washingtonpost.com/business/2023/…
The Post: “The deposition transcript shows Erdoes said she had been made aware of Epstein’s convictions for sexual offenses, his status as a high-risk sex offender, and public allegations of abuse of minors and human trafficking.“
“But she said she didn’t think it was her responsibility to remove him as a client, launch an inquiry into his accounts or refer them to compliance officials. JPMorgan has a separate process for dealing with client-related legal issues, she said.”
Read 5 tweets
Eamon Javers Profile picture
Feb 28, 2023
This is a great piece, and highlights the question: What is college for? It is absolutely linked to the conversation @JoeSquawk and I had on Squawk Box this morning. If costs are crippling, people will make different decisions about what they can afford.
newyorker.com/magazine/2023/…
It may be that colleges have simply priced the English major out of the market. Getting a degree in literature at $20K might make sense, but how many can afford to take on a lifetime of debt to buy that degree at $80k?
Nothing at all against English, or poetry, or even my own major of political science, but focusing on job qualifications and earning potential could be a rational response to decades of stagnation in household incomes: pewresearch.org/social-trends/…
Read 8 tweets
Eamon Javers Profile picture
Feb 16, 2023
At Chatham House in London this morning, DOJ's Lisa Monaco signaled a stepped-up effort to protect US tech and US companies from autocratic regimes. That will include a new focus on US capital outflows -- to make sure Americans aren't funding advances in hostile countries.
"We are exploring how to monitor the flow of private capital in critical sectors and ensure that our own 'outbound investment' in dual-use technology doesn’t provide our adversaries with a national security advantage," she said.
The US is also modernizing CFIUS for this new era: "CFIUS began in an era of brick-and-mortar transactions," she said. "Today, the greatest risks come not from investment in our physical assets, but from transactions where datasets, software, and algorithms are the assets."
Read 5 tweets
Eamon Javers Profile picture
Feb 15, 2023
A judge just unsealed records showing that Larry Kramer, dean emeritus of Stanford Law School, co-signed a $500,000 bond on behalf of now disgraced former FTX crypto CEO Sam Bankman Fried. I asked Kramer why he supported SBF, and here's what he emailed me just now:
"Joe Bankman and Barbara Fried have been close friends of my wife and I since the mid-1990s..."
"During the past two years, while my family faced a harrowing battle with cancer, they have been the truest of friends – bringing food, providing moral support, and frequently stepping in at moment’s notice to help..."
Read 6 tweets
Eamon Javers Profile picture
Dec 2, 2022
I had a fascinating conversation with a high ranking US intelligence official about Snowden recently. I asked the official if there’s a chance Snowden was a Russian spy all along - after all, can it be a coincidence he ended up in Moscow?
This official said no. Having looked into it extensively, his take is that Snowden was a disgruntled narcissist who didn’t feel he was getting enough respect from his bosses.
The official said Snowden leaked a lot more than just the warrantless wiretapping details and that he came up with the ideological and political rationales for his leaking after the fact. What really motivated him was spite.
Read 4 tweets

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