90 Seconds with Art Cashin: Monti Says Austerity Isn't Enough'

11:40 AM ET Wed, 11 Jan 2012

CNBC's Bob Pisani and Art Cashin, of UBS, discuss Mario Monti's claim that austerity alone is not enough. The test is going to be in the streets, says Cashin. "Give me some hope," is Monti's call, otherwise, the country could fall into the hands of populists. Also, did Fitch overstep its bounds in giving advice to the ECB? Also, a thought on rumors.