CNBC.com's News Now: Volcker on Regulation

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DOW 7956.66 -121.70 -1.51% NASDAQ 1515.05 -1.25 -0.08% S&P 832.23 -6.28 -0.75%   Wednesday, Feb. 04, 2009   WHAT YOU SHOULD KNOW     Stocks Slide as Earnings Woes Clip Gains Stocks ended sharply lower Wednesday as a disappointing earnings report from Kraft stirred worry that consumers are cutting back on even the basics....read more     Cisco Tops Forecasts but Sees Sales Slackening Cisco Systems reported a profit and revenue that beat Wall Street forecasts, but the company said it expects year-over-year sales to fall in the current quarter....read more     Not myFICO Credit bureau Experian is severing its partnership with Fair Isaac in a move that is sure to hurt consumers....read more     TODAY'S TOP 5 VIDEOS     1. Volcker on Regulation Former Fed Chairman Paul Volcker tells the Senate Banking Committee what he believes needs to be done to modernize the financial regulatory system.     2.Madoff Whistleblower Testifies Madoff whistleblower Harry Markopolos takes the SEC to task for allegedly ignoring Madoff warnings, with Donny Deutsch, The Big Idea author     3.Ackerman's Attack on SEC Rep. Gary Ackerman (D-NY) lets SEC officials know what he thinks about their lack of oversight in the alleged Madoff Ponzi scheme.     4.Madoff Assets: $964 Million Recovered A recovery of $946M in assets have been recovered so far, reports CNBC's Scott Cohn     5. Stop Trading, Listen to Cramer! Mad Money's Jim Cramer shares his stock picks and pans with CNBC's Erin Burnett.     Click here to view all of today's top videos on CNBC.com     CNBC.com BLOG OF THE DAY     Advertisers May Need to Embrace Consumer Fear Companies are trying to find the right pitch for these tough times, and those who think it's just about cutting prices, extending warranties, or throwing in something for free are sadly mistaken. See All CNBC.com Blogs   Watch CNBC live on your desktop. Click here to find out how.   NEWS MARKETS EARNINGS INVESTING VIDEO CNBC TV CNBC PLUS

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