Alan Schwartz's Opening Statement to FCIC
Airtime: Wed. May 5 2010 | light e) ET
Former Bear Stearns CEO Alan D. Schwartz provides his opening statement to the Financial Crisis Inquiry Commission regarding the failure of his former company.

Airtime: Wed. May 5 2010 | light e) ET
Former Bear Stearns CEO Alan D. Schwartz provides his opening statement to the Financial Crisis Inquiry Commission regarding the failure of his former company.

Japan has revised downwards its Q4 GDP growth to 0.9%. Frederic Neumann, senior Asian economist at HSBC, tells CNBC’s Martin Soong & Karen Tso that this revision adds pressure on the BOJ to extend its easy monetary policy.

Art Cashin, head of floor operations at UBS, has the buzz from the NYSE.

Study Identifies Heart Risks in Glaxo’s Avandia. Dr. Steven Nissen, of the Cleveland Clinic, authored a controversial study identifying heart risks in GlaxoSmithKline’s Avandia diabetes drug. He talks to CNBC’s Mike Huckman.

It would take a sharp fall in the price of oil or another crisis to change Russia’s economic system for the long term, Nouriel Roubini, economist and New York University Professor, told CNBC Thursday.

The CNBC news team parses today’s economic data. Ken Langone, CEO of Invemed, shares his insight and tells CNBC he sees a jobless recovery ahead of us.

The buzz from the NYSE, with Art Cashin, of UBS. 8.13.10