in 2011 your icahn funds 35%.ep which is another vehicle which is actually the publicly traded stock has vastly underperformed even though these are so closely tied. why the despairty between the two? >> you're asking an excellent question. does have the investment in the hedge fund. and has really been the recipient of those returns and not only the fact we own quite a few companies and we did well over the last few years. we told stratosphere. i guess i get no respect. i'm like rodney dangerfield. i don't know what happened to me. years ago you go to the same stock. but i just -- maybe it's overlooked because i own so much of it. but i do think it's a great -- i think iep is in a great place to take advantage of activist. to be an activist you've got to be really willing to do it. the whole game is the risk reward. that's our formula. like what we're doing here. there are no activists left. there's no one really willing to step out there and go into the fray. so it's a great -- to me it's a great activity. i've

carl icahn announcing a tender offer for all the outstanding shares. cvr $30.ent value right. forget about the name, basically part of this offer from icahn is this, if the board of directors puts the company up for sale before the tender offer is complete, icahn has the ability to withdraw said offer. so look at that. nice pop. cvr energy, carl icahn going after it. >> okay, herb, another failing grade for a for profit stock. >> what's down with strayer is its stock. weak numbers all the way around. what's more important is the new student starts were down for the fifth straight quarter. so you can see strayer taking a bit of a hit there. also today i want to talk about digital generation. this is a digital advertising company. the company came out, missed on revenue and eps, but this is what really got me. in its press release the company didn't say anything about any executive changes. in the conference call, bottom of prepared text, the company said by the way our cfo is leaving. there you go. >> so shame on them for doing that in the release no mention, on

icahn is overlaid when you go through. -- i cannot soak relate what you go through. >> i can relate, too. that is what drew me to the show, because i am a new parent, father of two young boys. we wanted to create a show that was funny but also very authentic. we bring a lot of our own real life experiences into the show. i think that anybody who has got young kids or had kids at any time can identify on some level. >> chris and regan have enough to deal with on their own, but maya rudolph's character as a whole new dynamic. >> her character ava tries to insert yourself into our child's first birthday, at least to some degree from there. terrible, ill-fated birthday party. maya is great, molly shannon comes back to play the babysitter was a little boy crazy. it is a really funny look at an authentic experience. >> what is it like to have two snl alums together again? >> it is a great. they are always so unexpectedly funny in ways you cannot see coming. i am really lucky. i'm kind of the straight man, and it is fun. >> you have been a fun great good luck with the show tomorrow night. >

i think icahn address some of the concerns. this project is a very rapid project that is developing very rapidly. we have been talking about aging radio system. there were some significant presentations. during the talks, it was not the final agreement. the project is coalescing in a very rapid manner, so i want to assure you there has been some conversation, and i think i hear, but is this an opportunity if we move forward region which i think we should, because it is really the blueprint of what the rest of the nation will do if we are successful, to rethink our strategy around radio communications across the city. i know you have seen there are several other historic projects ready to get under way. we have already heard this is solidifying. i would advocate strongly it is the most important project of all the projects you here. gwe are passionate about maintaining the system, and we are eager to evaluate, because we have this pending need, and we are hoping our initial projections of $65 million to replace that can be reduc

over the last couple years the company was embroiled in a deeply entrenched takeover battle with carl icahn, which lionsgate finally won last year. meanwhile they've built a terrific tv business from scratch. what makes this movie so big is the "hunger games" is based on the first book of a trilogy by suzanne collins, more than 23.5 million copies in print, the thing hollywood loves because there's already a huge fan base with built-in sequel potential. the story is about teenagers in the dystopian future who engage in an annual televised fight to the death with the winners securing food and other supplies for their home district. believe me, i was skeptical, but my 17-year-old told me that "hunger games" was a must read. i sat down to read it on a saturday and finished it sunday. i immediately got the rest of the trilogy, finished all in one week. these are some the most exciting books i've ever read, fabulous dark heros, tremendous tension, not to mention biblical and mythological overtones. there's some pretty serious father/daughter discussions in my house. perhaps yours, too. lionsgate

if you hold the stock, with icahn supporting the stock a bit by suggesting there might be some buyerse top end keeping it range bound, if you own you might look to sell calls against it. i was looking at the june 30s. that will collect 7.5% or so on a stand still basis. and you still have some upside if some buyer were to emerge. >> catch more "options action" every friday at 5:00. >>> much more "fast money" coming up next. we're answering your tweets. stay unto do. [ male announcer ] technology accelerates at a relentless pace. anything not moving forward... is moving backward. [ tires screech ] [ engine turns over, tires squeal ] introducing the 2013 gs, with the lexus enform app suite -- the most connected information and communication technology available in an automobile. [ engine revs ] the all-new 2013 lexus gs. there's no going back. see your lexus dealer. tspark card from capital one... spark cash gives me the most rewards of any small business credit card. it's hard for my crew to keep up with 2% cash back on every purchase, every day. 2% cash back. that's setting the bar pr

>> caller: carl icahn wanting to purchase and take over cvr energy as well as the holdings of uan, whichs cvr partners, how is that going to affect me? >> i'm not blessing it. you should be a register ringer. i don't think there's much more money to be made there. and i think there could be a house of pain if you stick around. >> the house of pain. >> come on, man, you've got to get some horse sense and ring the register. let's go to scott in my home state of new jersey, please, scott. >> caller: hey, mr. gps of wall street. boo-yah, cramer. >> well, terrific, as long as you don't mean gap stuart. boo-yah back at you. >> caller: i noticed the cheesecake factory recently has strong earnings and has had consistent earnings over the past two years. i'm concerned that there's no dividend to go with this, only stock buybacks. i've been to this restaurant several times, and it has been packed. what do you think of this stock in. >> i agree with you in terms of the packed nature of the place. particularly-u know what? they have a low-fat -- i know it sounds like cheesecake has a diet menu. but

when the debt was at 40 e cents, carl icahn was buying it.'s the debt trading and who else has exposure? >> some of the bigger names in the past have. it's not clear who holds it anymore. it was a relatively small investment for some of these people. some of the smartest guys actually thought he had a good strategy here. just a bad vehicle. think about what happened the gps network is extremely sensitive. it's not really the fault necessarily of falcone's network. just so happens that they're very important members of that community, the gps dependent community including the defense department. and we cater to those people often. >> all right. we should know that we reached out to mr. falcone and asked him for some comments today. we hope he gets back to us. and we of course invite him back on "power lunch" as well. if he does get back to us, we will pass those comments on. coming up, the student debt bomb. parents borrowing at record rates to help pay for their kids' sky high college fees. how is this going to impact their retirement? coming

programming could be anything from rex ryan and woody johnson discussing the state of the nfl to carl icahncohen. so that's a very important part. >> i think we should put andrew and rex ryan together and see how that works. thanks so much. we appreciate you being with us. >> thank you so much. >> you're welcome. >> and if you get your invitation, ty, you're bringing me along. >> i'll get a plus one. >> what program is that? >> i don't know what it's called. >> how quickly we forget. coming up next on "power lunch," soaring oil prices in the dow 13,000. and how should you position yourself heading into next week's session? get ready for the trap l triple play that is next. our machines help identify early stages of cancer and it's something that we're extremely proud of. you see someone who is saved because of this technology, you know that the things that you do in your life, matter. if i did have an opportunity to meet a cancer survivor, i'm sure i could take something positive away from that. [ jocelyn ] my name is jocelyn, and i'm a cancer survivor. [ mimi ] i had cancer. i have no evid

. >> we are very engaged icahn ensure you ge entrepreneurs to look us up we don't have all of our followers on facebook we do reach through multiple media over half of the embassies and entrepreneurs we have them set up in egypt readjusted merit cash to announce we will set one up into the shatt and morocco. we have been active in jordan in other places we were just there with a group of entreprenuership three broad in silicon valley investors on and on i could share. >> i would add an give her a shot out because one thing we have done here is to serve as as a secretary secretary clinton but also condi rice with the palestinian partnership of which was my co-chair reach try to set up both jobs and entreprenuership and economic investment we lourdes justin marrakesh secretary albright came with us and in each one of the region's we met to with the people needing the facebook groups and to speak as a former board of governors we have tools for people and working with facebook twitter and others to make sure it is a fan firewalls could be broken and anonymity is assured when need be. all of th

karl icahn say there are three interested parties.the company to sell it self. we're seeing the pop there of 2% despite this goldman downgrade own the notion that cvi could be a takeout candidates and there are three potential acinquirers already. >> took a shot at chesapeake. sat down with chesapeake. >> keeping a close eye on xi jinping, the man who will be president of china coming to this country this week. not mooting only at the white house, pentagon, state department, later los angeles, maybe even going to a lakers game. the white house calling this an investment. >> world peace. >> investment in our relationship with china. so far his comments to the likes of the "the washington post" is we do not need to make our trade frictions any worse than they are. >> interesting perng meeting because they are spending a lot of money on defense. like to see that go down. >> be interesting to be a fly on the wall. a story in the "wall street journal" comes out about nortel being the victim of chinese hackers over the course of time that t

. >> karl icahn cutting the stake. >> what are you doing? clorox, i marvel.n, it could be a t minus reverse. >> lost his touch? >> you're not going that far. >> i'm not going that way, because david faber taught me to be a diplomatic. he's taught me to be more like gandhi. it's very hard. >> what do you think -- i mean, you have been relatively trying to gauge your optimism with reference to europe. it's gone up and down. >> i think we have had such a run. melissa talked about the s&p up for so much. i hate parabolic moves. i would like us to pause here. parabolic moves have led to tragedy in the market. really good moves and then stair steps have led to much higher levels. >> so where do you think -- what's fair at this point? >> i love to mark time. not give up too much. then i think you're set for a very nice year. >> yeah. in terms of what happens with regard to greece, how much does it matter? >> the longer it goes on, the more people are positioned correctly for whatever happens. i know. little bullish. >> some interesting moves today. bank of america h

am risk adverse but i am going to become a casino gambling because maybe during the one month when icahn by my insurance i will be able to buy insurance on the way to the emergency room. cbo did not score in it. there was not an ounce of testimony trying to document what caused this is for adverse selection. the second big point is, neal and i can disagree about the policy, but what difference does it make? the court is not going to second-guess congress''s policy about what is beneficial for commerce. congress is the one the mix of policy. they can come up with that of her policy difference is important or unique aspect there is of health insurance but once congress has the ability to sit a compelling commerce is compelling need to buy a product is regulated by congress, there's no reason it has to be limited to the context because congress has the power. the court defers to the policy judgment, and that is the proper role. while the government tries to make all these reasons why allowed this case in this one context is not -- is unique, what the cannot do is articulate a constitutional