Greenspan on Europe's Woes & Fiscal Stimulus

Friday, 1 Jun 2012 | 7:41 AM ET

Alan Greenspan, former Federal Reserve chairman, says a political consolidation is the only way to keep the euro together, and discusses the fear of a European contagion spreading, and Spain's banking uncertainty. Also, the problems associated with a U.S. housing recovery, with CNBC's Steve Liesman.