In a standing room only conversation that finished day one of the Schwab Impact 2012 conference in Chicago on Wednesday, CNBC’s Maria Bartiromo sat down with Chuck Schwab, Scott Nuttall and George Roberts of KKR. The three men took questions from Bartiromo and the audience of advisors, traded stories of their storied careers and discussed the investment opportunities they see even in these volatile times.

Schwab was clearly the star, and the founder and chairman of Charles Schwab & Co. spoke in his trademark blunt way about the role of alternative investments in his own portfolio, the likelihood that we will go over the fiscal cliff and why he’s ready to write a “bigger check” in taxes to help address the nation’s fiscal woes.

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