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.

SEC Chairman Mary Schapiro discusses financial regulatory reform with CNBC’s Maria Bartiromo.

Insight on the latest employment numbers, with Bill Gross, PIMCO.

There is an 80% or more chance the euro zone will lose members within the next two years, Erwin Grandinger from EPM Financial Services Group said citing the group’s clients. He added that part of the problem is having no direct communication between politicians and the markets.

The European Central Bank left interest rates unchanged at 1.0%, as expected Thursday. Ian Stannard from BNP Paribas, Lothar Mentel, CIO of Octopus Investments, and Neil MacKinnon from VTB Capital discussed the outlook.

“The key to Europe right now would be the stress tests with the banks,” Alan B. Lancz, president of Alan B. Lancz & Associates told CNBC. Robert Grady from Cheyenne Capital joined the discussion.

Robert Weissenstein, CIO at Credit Suisse Private Banking Americas, tells CNBC volume has made the rally more viable.