>> intesting nos that we ran across. morgan stanley europe commissioned this teenager whose name is math eye robson who is 15 years and seven months to take a look at how his age group uses the media. here's the research notes and the headline from the financial times. research now causes city

sensation because he basically laid out for these people and these analysts what his generation uses and what they don't. radio is one thing and the newspapers. some of these guys never bought td. >> he said teenagers don't twitter. they sign up, but they don't do it because it will cost too much with the texting. >> twitter everybody was talking about it at the latest sun valley seminar. we will talk about that again tomorrow. 245 does it for us on "power lunch". "street signs" is next. >> a russian investment firm tank and that values the company in $6.5 billion. the price recognizes facebook's

growth. standard and pours said they had their ratings cut to junk status and the third highest in at least 22 years. gm is considering keeping the sedan from the pontiac brands and moving it. that's the news now. i'm jumia boorsten. >> here is what wall street is talking about at this hour. who said the government selectionings financial institutions fail. you might get what you want. the number one lender to small businesses in america is on the brink. is this really what you wanted? the cit story matters and the ripple evenings continue. remember the four lemurs? in massachusetts it yes, sir beyond firing. the 200 jaguars go and even -- we want to always try to fine the light where we can.

that is our show and it starts now. we begin with a check of the major averages and stocks. it was really a dual in the second, but we saw a clear win to the upside for the dow. the dow back in positive territory. let's go to mary thompson on the floor of the big lord. this is what analysts are expecting from the carrier. keep in mind it supplied analysts beating estimates by 11 cents a share.

and we want to see if they can continue to pass along higher prices. it has been able to do this because this is the most cost-efficient way to transfer goods. we will see if they can get push back to lower prices as volumes continue to decline or do reporters have the edge here and say they are the most efficient way to get your goods and you have to pay us. up 60 percent plrs from march lows much. >> the other stock to watch was down for much of the day. you are looking at netflix. >> for has been up throughout a lot of the day. a lost trader chatter out there about amazon making a play there

has been chatter and the same was out ther and they said don't listen to the chatter. no reason amazon would make a play for netflix. if they end up buying, they buy physical store location and have to pay sales taxes that they said as a part of the model they want to stay away from. no chance this is getting done. >> we have a bit of a respite would be a way to describe it. >> the bond situation is what's not happening. not only big numbers coming out right now, but also a healthy uptick and bonds are holding very nicely from the rallies from the last few weeks.

>> a quick update and the hearings are now under way with the committee. the supreme court nominee sonia sotomayor may be the justice and most expect her to be confirmed. we will continue our testimony this afternoon. the country's largest mall business lender is on the brink of collapse. may may have bailouts or bankruptcy. should they let it go the way of lehman. has been a while since they had significant size for potential failure. >> we remember the days when this company was on the prink

and they got through it and t.a.r.p. money and what exactly is the situation? is this potentially the next example? they skr a looming liquidity and maturities coming through in august and more in april of next year. the value of the collateral they lent against is declining in value. there is uncertainty to say the least with investors about buying unsecured debt. they have been unable to do so. the ik widity is for selling unsecured debt. you are being unable to meet the funding gap they have. they tried to get it to issue under the program, but as of yet

that hasn't been allowed despite they were the recipient of $2.3 billion in t.a.r.p. money. if you are led to and haven't borrowed the money are, that exacerbates what is a choice. >> cit may seem es perr terric, but it is the largest leasing company in the nation and as it has not received initiatives or help, other larger competitors like ge have. and the government backed bonds for them. cit is a number one lender for

small businesses for nine consecutive years for women, minorities and firms for six consecutive years. they loaned money successfully and it couldn't take that much to help them. jpmorgan got $25 billion. >> dan, what do you say here? they can be important. they are in the small business arena. too big to fail may not be as big as a jpmorgan. should we let them fail if they have not run the business in a nner tt they could succeed without government hel >> if they are so successful, they should fail. i say that as someone who wants

and they are use together to get access, that really tricking auts will taxpayers and doe't justify giving 2.3 or 5.3 or8.3 trill none to ci we have to stop eemorrhing of red ink and stop the deal makingin washingto because otherwise our economy will continue to falloff a cliff. the only mitigating factor is the jobs come from small business. cit deals with small business. that may not mean we will lose jobs, but it might in some cases or no? >> there two separate issues and the first is like locking for the silver lining.

this is a non-story. we are not tear together out and the system is crashing. that really shows the return to normalcy there other players in the market. that is a separate question. if they are the primary player in the small business market and won't be allowed to fail because of that, we have a competition problem. that will need to be addressed for later. this is the non-news. part of the assessment is the crucial or strategic they play for a small enterprise.

they play in the market and could drill a hole relatively quickly. >> could you weigh in on that, who will make the decision. someone in washington is making the decision too. >> i wish i could offer you more and it's interesting that they deliver the program. treasury administers the t.a.r.p. under which they borrow borrowed. is there a division between the way treasury sees the world and fdic and sheila does and the willingness to bail out? i can't give you an answer. >> we will talk to each other and overall especially in the leadership between fdic and treasury, there is a discussion happening on the proper role of the government going forward. that means for geithner and sheila baird. there may be disagreement in that discussion.

>> otherwise why should ge capil get the money and not cit? >> because they had better lobbyists. >> clearly this is a size argument and that ultimately is a point where dan and i agree. in the future we need to take a hard look at the consolidation and the market segments that will drive this need to bail out the ones who are too big to fail. this is i think a good discussion and a good regulatory discussion to have happen. >> do you think it's fair to say and i'm sure there is other players, but ge is one of the biggest and it's fair to say that ge got access because they were politically powerful and connected or is that not? >> i don't think there is any question. absolutely. when you look at the companies, the financial situation is similar. i think it's important. >> i want to make a distinction.

you have the parent ge. the small business is responsible for half of the gdp and so far president obama has given small businesses less than a half% of the 2 fnt pif in scholars and bailout funs. cit was one of the most effective to get loans. president obama is bragging about that. >> if we want a healthy sector, we don't want them dependent on the federal government. we should be reducing regulations and shrinking the size of government. >> we move to a broader topic. >> dan, christian, lloyd, david. thanks to all of you and we appreciate you taking the time. we will take a break, but when we come back, we will talk a

little bit about those zoo animals. the lemurs. we will be checking in on the earnings. a few particular trades on two crucial headlines of the session and when we talk about those lemurs, it's not just the lemurs. 200 anxious animals in the boston area are awaiting walking papers or a deh sentence much

it's a chance for all of us to see how corporate america is weathering the crisis as we stand today. everyone is watching on that front and the financials are willing to see whether we are past so-called crisis management. the big names, citigroup, jpmorgan and bank of america will be reporting this week. if they start tomorrow with goldman sacks. tech is the other to focus on if you look at one other as the market is trying to see whether tech which has led any kind of a rally can sustain that sort of leadership. you will hear from intel and ibm

and google and the tech comes after the close. two other key com ponens, ge and our parent will also be reporting this week. finance, industrial, health care. you will get all of that from ge on friday. meredith whitney talked about earnings, but the most interesting thing she said about the economy was on unemployment. here's her prediction. >> unemployment continues to drive higher and the banks are not prepared for double-digit unemployment. that won't go away for the next year and a half. >> the action trader along with brian kelly, good to have both of you with us. let's start off with meredith's prediction that obviously is higher than what a lot of people are publicly saying, perhaps not a shock to anyone to think of

unemployment to 13 percent per or higher. is there a trade that it goes there or worse in. >> yes, there is. my unemployment trade is your water company. you can debate that it's 14% or 11%, but the recession is not over and not going to be over for sometime. the legacy it will leave behind is the consume they're is more conservative and driven by fear. the rotation goes from things we want to things we need. water has to be on the top of that list. this company is a vertically integrated company and they own the reservoir and the filt rag to the home. wateis not going away. we had a good return and better profit margins due to increased efficiency. dividends before they seem not

exciting, but nothing is more exciting. >> just so i clarify, y o.r. w. i waited until the screen came up to clarify. let's get to your unemployment trade. how so? >> my unemployment trade is what meredith said about 13% unemployment. i think it's already there. if you look at u 6 numbers and discouraged workers, i think it's already 16%. we are already there and have been there for a long time. i have to agree that i don't think the recession is over and you are looking at a consumer that is not perfecting anything. you have to be short the transports and csx is one of those. looking for about 62 send cents a share.

you talk about the pricing power, but will they be able to raise price fist they can which is a big if anyway. will that make up for the decline in freight traffic. >> financials trade. you agree on the yield curve and in terms of spreads, we have been seeing that for a while and your point is that trade may be coming to an end. >> it definitely might be, but it has a little bit of leg left. the last time they crushed earnings because the funding costs lended at a much higher rate. that continue was even more so than it was the period before. the earnings will be good and i want to be along there. we will see pop with earnings and here's where you have to be nimble. people who are smarter than us will say the banks have bad assets on the books. they are looking to take it

quickly, butt banks will post good earnings. >> yours is young. >> exactly. real simple. it's a play on how the u.s. economy is doing with the kentucky grilled chicken and china has been a big strategy for them and they are up based on that emerging market growth and i will look to see what the rest of the world is doing and drill down into that kentucky grilled chicken to see if people are buy together and they like the unfried chicken. >> no. i'm just one person. they have to try, but the problem is the fried stuff is good. it's kfc. >> if it ain't broke, don't fix it. >> appreciate it. >> don't forget to catch jim and the gang friday at 11:30. a 2-1 company will benefit from the stimulus and something in the proposed health care

legislation. the ceo with the opportunity trade coming up. more than one billion consumers and one wall mart. what they can do with the first step to india. we will be back. could soone toss me an elen sixteenths wrench over here? hereou go. elen sixteenths... (announcer) om designing some of the world's cleanest and most fuel-efficientjet. to building more wind turbines creating iovation today for americs tomorrow. thks! no problem

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a year ago we visited india and saw what the billion consumers were up to. it was a lot of shopping and the buzz was about wal-mart and whether the retailer could get a partnership together and get into india which is as we all know one of the -- the second biggest country in the world and a market that has been closed to american retailers. wal-mart got in and the first store opened last month. the note got off wondering what other american couples can capitalize? if wal-mart got the door open, ishi a huge opportunity? in a time when everyone needs opportunity.

author of riding the indian tiger and the president and the founder. wal-mart trehas been trying to into india for years and only now as "the washington post" reported the store has been open for about a month. is this working out for them? >> ihink it proves one thing. perveerns works. the indian market has bn difficult for american companies to eer another companies as well. you have a new leadership there, the prime minister has a clear majority. the appetite for american productions and services is strong. yes, i think this is the tip of the iceberg. it is an exciting point in time. wal-mart adopted the strategy

and joined great persons for who they look like. what other american companies can succeed and look at financial services and right of education. that's one of the hot buttons for american consumers. this is definitely the beginning and will be a tough market to enter, but as mall mart has given and put the right resores to bear, it's worth it. we have a billion consumers and the largest and youngest population in the world. we need to be there in force. >> the number is down, but there more children than people in the united states of america. the potential opportunity for american retailers, the post points out real concerns. ikea put off a billion dollar

investments on restrictions and only wal-mart is allowed to sell wholesale and not retail to protect competito. is it possible ts may bea huj base for arican companies? >> no, lesson learned ishat you have t adopt the right strategy for the market. the indian government is going to protect the mom and pop stores and don't want to get steam rolled by large multinationals. we have to be sensitive and adopt the rig strategy. yolook atig dumps like career education and that is looking at the indian market and kaplannd hers. if they team up with the rig counterpa counterpart, but the grands carry a lot of weight. quite frankly they are a bit

timid. >> they get overwhelmed, but it's like riding a roller coaster. lean back and enjoy it. >> no doubt. it can freak you out. >> it certainly can. i don't know that i would wish it to my worst enemy, but i would on my best friend because it's amazing when you do it. the biggest ipo and we are talking about the construction engineering corporation. a tough name, but the number not too tough to understand. a $6 billion public offering. they plan to use it for housing and the shanghai index is up nearly 70%. vestors once again are bullish on the future. whether that will continue and one of the biggest questions on

earth. up next, kramer with one of his favorite companies. is massachusetts governor duval patrick an animal assassin. the latest battle hitting the governor against 200 animals the zoo can no longer afford to keep thanks to the economic crisis. they actually have to euthanize them. maybe they should drop them off at the statehouse instead.

it is time to stop trading. jim kramer is here. >> welcome back from the sawyeree out there. today is a nice antidote from the gloom. >> today there was the fight at the open up or down. i will take it one day at a time. we have a lot of names to get through today. we have a lot. >> it is an exciting day. everything has been dribs and drabs and down. nice to say anything can move the needle. >> i'm trying to decide.

let's start with this one. this is the macrostory that has been so important for the market. the link between oil and stock? >> i saw ron ensana's eight market movers and he said it's going to break this week. where oil goes down and the market goes up. every single day that the oil goes down, it goes down. it's starting to don on people and lots of reports of 225 is say major tax we leaf bill. all we ever hear out of washington means the tax bill is coming. >> we will see a tax increase coming your way. >> that's bad. i was doing the figures and it's 2% and 3% and like oh! oh! suddenly i said there goes the

eagles tickets. >> and the money you would have spent at the concession stand? >> it's a bad number and they don't want to tax barn money and they won't use the barn tax. that's the scuttle today that is good for the stock market. rich people are going to get stocks. how about better off people? >> you said you were going to have nice things to say. >> down the road. the idea that gasoline is coming down is igniting. the best buy. san disk upgraded by thomas. what i'm saying is this gadget buying, the gadget buying rally is something that got started when guess lean was going down. gasoline goes back up and you and i remember the $3 gasoline. that was a very, very big difference. >> yes. >>s have a very big difference

much. >> that's where you get the bed bath and beyond. >> best buy. that's up. i think there is a new trade coming in retail. stanley works starting to look better. when you get the 5% mortgages, you have another wave of refinancin refinancing. if you get below 5 it clears up a lot of morganage problems. the discover upgrade was interesting and said the consumer loss is peaked. that's a contrary call. >> contrary to what they said. >> well, i think he's got a better line on it than discover. >> discover is the lower more subprime. anyway. >> it could have created the rally. things are getting better. >> i think what he tried to do is things are stabilizing. i'm not seeing the free fall.

>> it's at that very moment, the market wanted him to say the opposite and you will tell the truth. it was just at that moment that i've had it. today is say bit of a reversal of that moment. with the discovery call and the best buy call and the san disk call, we saw industrials upgraded and the rockwell upgrade. you buy rockwell when you think the economy is about to roar. >> rockwell automation. >> and the equipment. >> there is a rockwell college. two rockwells. when we hear this kind of thing, wow, things are not as bad. >> one final trade. goldman sacks tomorrow. will you buy or sell? >> i would trim a little bit because i don't like to buy up seven aheadf earnings. it's not my thing.

you don't go in pieing up. there is probably a good quarter. >> that are is a fair point. it will be interesting to see what they have to say. >> i want to hear that they will give a financial amount to charity. that's my own advice. >> you didn't need any more headlines? >> i don't want to read the rolling stone part 2 about how bad the bavarian audience is. >> how did they get in? >> i'm not featured that well. >> you got featured on the rolling stone. you don't belong in. >> i will do this huge show in the article. really horrible. >> much more of jim in "mad money." 6:00 and 11:00 eastern. a day at the zoo. >> haven't been lately. >> it may never be the same in massachusetts. duval patrick has a problem.

they may be firing 200 animals. what does that mean. >> do they get severance or health care?

a big rally on wall street as jim said. if you are looking for the market to go up, enjoy it while you have it. there is an interesting story that caught our attention on a potential deal. various reports say that after a third% decline in advertising sales, mcgraw hill is putting their flag ship business magazine, business week up for sale. they don't expect the fashion zeen will sell for much, but the move could be smart.

is this sale the death for magazines as we know them and really for print? businesses pay a lot of money to advertise and business week was the place to do it. joining us is the managing director and research analyst and julia boorsten is the business kor respondent. when are the bills you that understand how it is? >> business week is facing a decline in advertising, but there many that show it was a newer magazine. zag zeens were home domino, a home design magazine close as well. they face a distinct challenge. their advertisers are primarily auto advertisers and financial services and luckry goods. they are hurting particularly now because they are facing a hume challenge.

it might make a lot of sense to them right now. >> when julia stops, the numbers she had with the industry overall. what about the financial serfs to forbes or fortune. were they weaker? >> business week has been performing with the sector and it has been suffering as yulia points out. it's not a recent phenomenon. the magazines have been losing share because of the competitive dynamic is so much more intense. >> woo ve breaking headlines and i want to get down to scott. we have a multibillion dollar lawsuit. >> big deal. this suit is being filed at $24 billion class action against the nag of an tig wa. they claim they were a full

partner in the stanford relationship between alan stanford, the alleged ponzi scheme and the nation for sometime now. stanford had fuel citizenship and it was his stanford bank that issued these $7 billion worth of certificates at the heart of the alleged fraud. now this lawsuit which is filed under the ricko statutes or dollar there 24 billion. the fraud could not have happened without the full assistance of the nation offan tig wa. le loi king has been indicted penning extradition, but the suit said the government knew what was going on. as we have shown you, he invested billions, moneyy that the alleged victims of the scam say was there money that was misappropriated and spent on

restaurants and very luxurious facilities there. >> thank you very much. that story gets more and more interesting. we appreciate that and before we go, we want to touch on the business week story. in terms of who buys this magazine, is there a buyer and how much will it sell for? >> next to nothing. the business week magazine is losing money at this point. very limited group. bloomberg, fortune and thompson reuters and bitters. again i would expect next to nothing. still a smart move to get rit of it. >> seems sad and that's on a more personal level. thanks to you both and sorry for the sbrupg. up income, is duval patrick the grinch who was about to steal christmas? what would rudolph say to this story? at first ias afraid. i was petrified.

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one of the hottest topics in health care, saving money by putting patient records online. the government promises billions of dollars in stimulus money and potential health care legislation money to make that happen, and athena health has some of the software to be part of the solution. the company recently completed its biggest contract to date with cook's children's hospital in texas. jonathan bush is the chairman and ceo of athena health. good to have you with us, sir. we appreciate it. and how much money is going to be available, do you think, to -- from the government to companies like yourself to put health care records online? is it a lot? enough to move the needle? >> well, thanks for having me on, erin. yeah, it's a lot. it's a ton. although i guess it's about, what, $35 billion that the obama administration got into the high-tech act as kind of a bonus

for doctors' offices who get on to medical records and "meaningfully use them." 35 billion's got to be a lot for anyone. it doesn't really move the needle for medical practices. and what cook children's is doing here really does. so you know, what obama's doing is giving medicare providers kind of a short-term bonus. what cook children is doing is really what would happen sort of in a non-obama situation, which is actually getting together 1,000 pediatricians around their hospital and saying, hey, we've got capital and equipment and stuff in our hospital but these guys out in the community, they're seeing patients, don't. and so we're going to use a software-enabled service, which is what athena health is. we don't sell software the old-fashioned way. it's all over the nsinternet. and all the connecting and setup goes on in the background. like you do with bank cards.

you don't say i bought some new bank card software to put my money in. you just get your card out. so cook is pushing this into smaller pediatric practices all over texas and oklahoma that wouldn't have the capital or the staff to set up and run this stuff. >> can you do it, though -- i guess you have to start somewhere. so i'm not meaning this as a criticism. i'm just trying to understand what the savings might be. i mean, it seems like the holy grail is to have this be national, right? everybody use the same software. so wherever i move or whatever my problem may be it's one system. >> sure. >> or no? >> well, the experience of it should certainly be national or consistent, right? we all jam our bank cards wherever we are in the world into whatever sort of shiny-looking machine we see and we expect to be charged a couple of bucks. it's not all one system. right, erin? i mean, it could be that you're on cirrus and i'm on nice and someone else is on visa. right? but they all talk to each other in the background. so athena's the first entity that's gotten everything to be purely online. so we're in 40 of the 50 states -- >> and can you, quote unquote, talk to other software providers?

do you even know who all of those individuals and their software programs may be, and are you designing software that could work or are we going to need a whole other level of players to do that? >> well, software's going to be dead, erin. so software the way people think of it where you buy a server and you buy dis sxkz you set it up, which is what most of health care's on today, is all going the way of the dodo bird -- >> it's online. >> it's all going online. look around at the rest of the marketplace. nobody's saying i've got this great new mapping software that i loaded on my server. they look it up on google. the same thing's happening in health care. so there's one data base nationwide for all of athena health clients, and now microsoft's gotten involved with cook to handle anything that isn't physician office related. so cook is going to have one data base with all -- with complete vertical integration across every different piece of software, every different laboratory, pharmacy, robot in the hospitals. all going to go into one place. and we are horizontally across every single pediatrician that they deal with. so you end up with a real

incredible depth and breadth. that kind of model is what's going to happen. and of course it's cheaper. there's no capital up front for the provider to put out. >> jonathan bush, thank you very much. >> i love talking about it. >> i can tell. and that was infectious. and i don't mean that in the -- >> in a health care kind of way? well, if it was infectious, i assure you we could bill for it. >> all right. thank you very much. >> sure. >> certainly he makes an impassioned case for why this is the future. but what is the diagnosis when you look at other stocks, publicly traded ones, for medical records online? our doctor now in. matt nesto. >> yeah, erin, you know, i know you like your animals. so i'm going to call this best of breed because you could not pick a better-performing industry group. at least over the near term here when the market has kind of been melting down. we've been calling it the slow bleed. but if you take a look at health care equipment and services versus the s&p 500, it's one of only four groups that's actually up during that four-week period of time. about 3 1/2% positive at a time

when the market's down about 5 1/2%. it is the best-performing group. so i was going to call this one bisectoral, but it's two sectors really in one because it's health care and technology, or health information tech. sometimes they're called hits companies. there you go. there's the chart we wanted. but the reality of this two-sector play of health care and tech is that it's defensive and offensive both at the same time. the defensive nature of health sxart offensive qualities and desirable trait of growing earnings, faster growing earnings in technology. many players, few pure plays. like athena's a pure play on this. but it's in the s&p 500, for example, there's only one hit member. it's ims help. there's four in the russell 1000 and 12 in the russell 2000, which gets me into m&a possibilities. small companies tend to get gobbled up. that political risk is worth looking at as well bse if the government gets in here on a

one system, then lord only knows what's going to happen to a these other little unit players. but these are the top of the pops, or the hit parade, if you will. and these are companies with a market cap that's bigger than 500 million. cerner, allscripts, medassets, health management, and qs. all nasdaq stocks, by the way. back to you. >> thank you very much, mr. nesto. all right. well, up next, as we say it's not just reindeer it's capybaras and maybe lions and lemurs. and guess what, massachusetts doesn't have the money anymore for their zoos. so what is going to happen to the animals? a story we started covering when bronx o fired their lemurs. we'll havet on the other side of the break. me? find love on the internet? ! oh, my gosh.

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