money moving into equities, talk with kkr, head of asset allocations, henry mcvey, one of my favorite strategies, he has his finger on the pull and omega advisories leon cooperman ahead, find out how leon is investing his dollars these days. meanwhile, oil, big story again, prices snapping a seven-day winning streak today. still, talking about light sweet crude oil down $1. looking at high sky-high oil prices impacting everything from retail to the race for the white house. join us for that look at how we finish the day on wall street with the market below 13,000 at the close tonight. the dow jones industrial average fin finishing down a point, the market closes not far from where it began the session. volume, light here on the big board. money moving into technology. get to our man on the floor, bob pisani, details on today's action. >> weak start, let's call it a positive finish, s & p up a point, up as much as 45, as you can see here, just barely positive into the s & p 500 what moved the markets today? january pending home sales up early on that provided a boost about 10:00 easter

what i could do here to have a bullish sentiment on kkr is pie the march 15th calls, and at the samefset the calls for the march 17th calls. i pay about 35 cents. i'm called away, yes, at 17 cents, but risking only 35 cents to make $1.65. a great risk/reward profile here to play private equity. this is an area i want to be in for clients and myself. playing it on the close here, or into next week, maria, now back to you. >> thank you so much, brian. let's get to bill on the floor, with just about seven minutes before the closing bell sounds. >> maria, this is one of those days, a sell-off today. no question about that. all 30 components of the dow jones industrial average trading lower today on those concerns about greece, the waiting game, you know, the market's becoming very impatient about this. over 85% of the s&p 500 has been trading lower, the components of the s&p 500. the nasdaq and s&p with the sell-off today, now in danger of breaking their five-week win streak. up to this point, it looked like we were going to be up for the week, but now that's in danger. let's start with

and in light of the earlier story that we just ran about the kkr partners making $94 million, i want a portion of your book. you say, we've become a frozen tablo of contrast. we're rich with poverty rates at all-time highs. homeownership is higher here than anywhere in the world and our homelessness keeps breaking records. 40% of adults and 20% of kids are obese and more americans will go without food today than at any other time since the framers. in light of your feeling about that, which i know is heartfelt and sincere, what do you think when you see individuals making $94 million a year and paying taxes at an extremely low rate on them? >> it's a stupendous amount of money to make. i think the challenge is whenever the issue of taxation comes up, we have this rabbit warn of tax policy, tax law, tax code. it's inpossible to fathom. people spend their lives looking for every twist and turn. and to the extent that some people enjoy some benefit, it's because there isn't an overall thoughtful approach to taxation. now, whatever it is that they may be able to claw back from is just a

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you teamed up with kkr to acquire go daddy, which is a deal you talked about quite a bit on this program $225 billion. nasdaq day in, and day out, is the winner, with money moving into tech. what's going on? >> as a director of nasdaq, i'm happy that you mentioned the other stock market. >> right. >> the -- we are on the cusp of some of the most important and q technology trends in my lifetime. and you mentioned skype. skype resides, for instance, at the intersection of two of those, which is mobility, or communications defined very broadly, and social networking. let me talk about the communications piece. the wireless broadband is by far the biggest technology trend i've ever seen. there are more connections to wireless devices in the united states today than there are people. >> wow. >> i've never seen a market that's bigger than the population. >> big statement. >> in the world today there are 4 billion devices, 5 billion subscriptions to devices, there are -- and that's a per capita market three to four times the size of the pc market. it's the use of the network that's growing at

if you're going to do that, go to kkr financial holdings which i have much more conviction on.that kind of company. and that, ladies and gentlemen, the conclusion of the "lightning round"! [ buzzer ] >> the "lightning round" is sponsored by td ameritrade. >>> let's go to kentucky. >> a hillbilly ba-ba-ba-boo-yah. >> a hillbilly boo-yah, holy cow! >> here is a big las vegas ching ching ching ching bing bing bing boo-yah. >> a staten island hey now forget about it boo-yah. >> boston. >> nashville. >> michigan. >> georgia. >> alaska. >> boo-yahs come from all across america. let cramer help you channel yours. "mad money" with jim cramer, weeknights. take the privileged investing tools of wall street and make them simple, intuitive, and available to all. distill all that data. make information instinctual, visual. introducing trade architect, td ameritrade's empowering web-based trading platform. take control of your portfolio today. trade commission-free for 60 days, and we'll throw in up $600 when you open an account. line dating services can get for 60 days, kind of expensive. s

>> you may recall yesterday on "power lunch" we told you about the founders of private equity titan kkr$94 million payday. that's peanuts compare today this one. backstone ceo took home $213 million last year. that's up more than 30% from the previous year. most of it came in the form of dividends because he has a 21% stake in blackstone. his actual salary was only $350,000. and we'll give you any guess on which tax bracket he will fall into, ty. >> i would love if my salary didn't matter the way it doesn't matter for him. this next segment is a real leap. we've asked our guests to give us four picks to buy today, leap day, and hold until the next leap year. alan reid, the ceo of the 36 fund -- or 39 fund forward group with $6 billion under management. commodity long short strategy fund up 10% last year. outgained its category average by nearly 17% points. let's talk about that long-short fund. on a day like this when commodities are going down in part because of bernanke, i assume your fund can make some money. >> it's about a point and a half today, tyler. >> why is it important to go

we hear so often about kkr and blackstone, but you've been active for a long time.t's interesting, david. we've had to do more education than typically. i think it's incumbent upon us as industry practitioners to educate the general populace about how it benefits the average person. >> i can certainly give you some of the other side of that argument. >> sure, i think private equity is something that stimulates economy development rather than impedes it. private equity can either create jobs or eliminate jobs. we certainly air on the site that it creates jobs. i think private equity, when you look at who the beneficiaries are, looking back 30 years, they are the pension plans, the average americans that in essence unfortunately probably don't understand private equity as well as they should have -- or as well as they should, but the teachers, the firefighters, the policemen out there are the people that over the last several decades have benefited from what private equity is. at the end of the day. it's not all that different from what your neighbor does. whether the