Jimmy Cayne's Opening Statement to FCIC
Airtime: Wed. May 5 2010 | light e) ET
Former Bear Stearns Chairman & CEO James Cayne 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 Chairman & CEO James Cayne provides his opening statement to the Financial Crisis Inquiry Commission regarding the failure of his former company.
ECB Chief Jean-Claude Trichet has a tough decision when it comes to quantitative easing because “who wants to be caught long sovereign debt,” Andy Hartwill from Quasar told CNBC Thursday.
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.
“In the European marketplace, not withstanding that we’re ten years into this, we’re still in very, very early days,” Ted Hood, CEO of Source, creator of ETF products, said of ETFs. “In the US market, we’re seeing 50% retail participation in ETFs.”
The Federal Reserve decides to keep Fed funds rates unchanged. Insight with Ken Volpert, Vanguard Funds; Bill Gross, Pimco co-founder; CNBC’s Steve Liesman & Hampton Pearson.
Japan’s revised first-quarter GDP rose 1.2% on quarter Thursday, beating analysts’ forecasts. Naomi Fink, Japan strategist at Bank of Tokyo Mitsubishi & Paul Schulte, MD at Nomura International, analyze the data, with CNBC’s Bernard Lo, Martin Soong & Karen Tso.
Art Cashin, head of floor operations at UBS, has the buzz from the NYSE.