G-7 Confronts Global Turmoil
Airtime: Fri. May 7 2010 | 10:00 AM ET
CNBC’s Steve Liesman has the highlights from the meeting of G-7 finance ministers.
Airtime: Fri. May 7 2010 | 10:00 AM ET
CNBC’s Steve Liesman has the highlights from the meeting of G-7 finance ministers.
Automakers Renault, Nissan and Daimler agreed to swap stakes in a bid to increase scale and share costs Wednesday. “There’s a demand for premium small cars growing, so we definitely want to participate and we want to do that successfully,” Dieter Zetsche, chairman of Daimler told CNBC. Carlos Ghosn, chairman and CEO of Renault-Nissan, also spoke to CNBC.
Last minute snags cropping up as lawmakers try to finish work on financial regulation reform, with Jon Corzine, MF Global chairman & CEO
If we don’t strengthen the ECB and European Commission, we should dismantle the euro, Carlos Gutierrez, former commerce secretary and former Kellogg CEO, said Thursday. “We’re at an inflection point,” he said. “The whole concept of the euro is being tested.”
Art Cashin, head of floor operations at UBS, has the buzz from the NYSE.
Examining a new controversial proposal to open a new derivatives market that would allow investors to bet on box office futures, with CNBC’s Julia Boorstin and Howard Lutnick, Cantor Fitzgerald chairman/CEO.
Fabrice Tourre, executive director of the structured products group at Goldman Sachs, delivers his opening statement before a Senate panel that alleges Goldman profited from the housing meltdown and made billions at the expense of clients.