professor larry white, say too much cash can also be bad. >> it's clearly not a very high- productivity use of your resources. and, so... so, it's a wasting asset. >> reporter: perhaps management isn't working hard enough to find investment opportunities, particularly strategic acquisitions. cash-rich firms can also get careless, falling prey to wasteful spending. and, most importantly, experts say management should be doing its utmost to keep shareholders happy. >> you really don't want to have too much cash on your balance sheet, simply because it's not generating any return for your shareholders. >> reporter: experts say shareholders need to demand that companies stuffed with cash pay more dividends. today, s&p 500 firms yield only about 2%, with one in five not paying any dividends at all. suzanne pratt, "nightly business report," new york. >> tom: call it the goldilocks rally. mid-sized stocks have done better than smaller companies or big corporations. not too big, not too small-- just right. tonight's "street critique" guest is looking for opportunities in midcaps. he's mark wats

white house effectively harness and the -- any of the media. >> goldman sachs. >> one of the reasons i supported president obama was i did not want to see larry summers in the white house. [laughter] with hillary clinton, until the end of her campaign, there was not a sense of how she could bring her history to bear. it was very much a restoration ist campaign. he fell if you are going to get the clinton administration part 3. -- you felt as if you were going to get the clinton administration part 3. if you feel it was such a crisis and panic at that time as many say it was coming out of the calamitous bush administration into the tar, bringing in a team of rivals as obama talked about, all you had was larry summers and tim geithner. both of them have their control over the policies that led to the crisis. in my mind, that opened the door to the tea party. it opened the door to right-wing populism. people saw in this white house favoritism towards goldman sachs and the banks. the problem was the left populism has not emerged until now. for too long, many felt with the bomb in the white house that things would be sorted out. that is where movements become importan

. >> larry: are now a green white checkered. the green, the white, the checkered. with the restricter plate like jeff hammond at the fox cutaway car it takes a good half to three quarters of a lap to even remotely get up to speed. double file restart. going to be interesting when they raise the green flag on the restart. >> darrell: are you saying the wrecking may not be over? >> larry: we do get three attempts at green/white checkered. >> mike: take another look here from ground level. and jeff gordon after sliding 800 feet on the driver's door up and over and dissipating energy. and here is what kurt busch had to say after the smoke settled down. >> [radio]: really appreciate you guys working as hard as you you did to give me the fun to come out here and race. i hope it was fun for you guys. i thought we could have got clear of that. damn gordon wrecked the 18. the rear spoilers are so small you can choose to wreck somebody. >> mike: that was kurt busch. jeff? >> jeff: first off, you are okay. you were so complementary to the grew and hugged these guys but you go

larry, african-americans have been doing very, very well, lately. the first african-american president. >> yeah, for how long. >> jon: tiger woods. >> yeah, asian side likes golf, his black side likes trashy white girls. >> jon: larry, it's not like black players are going to disappear because an asian guy is in the league. >> well, really, then tell me this, jon, who was the first pro basketball players? >> jon: white guys, i guess. >> no, no, white jews. >> jon: what. >> immigrant jews dominated the first pro basketball league, the cleveland rosenblooms. >> jon: that cannot be true. >> i can't make that [bleep] up jon. look, they even had their own uniforms. >> jon: okay. you know what is surpass being that picture, gyms are very drafty and you would have think they what have had longer sleeves because jews traditionally very prone to colds. >> this is how it happens. jewish basketball players were replaced by gentiles then us and unless we do something quick, now it's going to be asians. >> jon: but what can you do. >> jon, don't worry, i may have a solution. pretty sure this whole asian basketball invasion might be revenge for a kneel degrass tyson. >> jon: the astrophysicist. >> exactly. >

. >> larry: are now a green white checkered. the green, the white, the checkered. with the restricter plate like jeff hammond at the fox cutaway car it takes a good half to three quarters of a lap to even remotely get up to speed. double file restart. going to be interesting when they raise the green flag on the restart. >> darrell: are you saying the wrecking may not be over? >> larry: we do get three attempts at green/white checkered. >> mike: take another look here from ground level. and jeff gordon after sliding 800 feet on the driver's door up and over and dissipating energy. and here is what kurt busch had to say after the smoke settled down. >> [rad]: really appriate you guys working as hard as you you did to give me the fun to come out here and race. i hope it was fun for you guys. i thought we could have got clear of that. damn gordon wrecked the 18. the rear spoilers are so small you can choose to wreck somebody. >> mike: that was kurt busch. jeff? >> jeff: first off, you are okay. you were so complementary to the grew and hugged these guys but you got a

producer because if we could get larry david in the white house i think we. would certainly get a lot of straight talk from the what you know is a little. bit of caruso he's probably looking for a job after my p.t. boo that was a terrible decision right so david caruso let's have a record of the hell of a good actor he is very very good essence or yeah mike my suggestion would be george kinds. of quadrupling that's good that maybe you could live up. to dan locking. thank you very much sort of thing i would do. crazy alert move over twitter it's pigeon time while the brutal crackdown in syria continues the citizen activists of holmes the main site of the crackdown have found a new way to communicate with each other carrier pigeons since the crackdown has taken out most modern forms of communications in and to the city the residents of to.

producer because if we can get larry david in the white house i think we need to. get a lot of screen. talk from what you know as well as i could do so he's probably looking for a job after my p.t. blew that was a terrible decision right so david caruso let's have a record of the hell of a good act is very very essence or yeah mike mike is a guest will be george kinds. of quadrupling that's a good well maybe you could live. with dan locking the lock alone thank you very much yes or thoughts would do pretty. crazy alert move over twitter it's pigeon time while the brutal crackdown in syria continues the citizen activists of holmes the main site of the crackdown have found a new way to communicate with each other carrier pigeons since the crackdown has taken out most modern forms of communications in and to the city the residents have decided to use carrier pigeons to transport messages regarding anything from seeking supplies to asking for shelter the pigeons of the only way to get messages through enemy lines one of the pit messages found in a pigeon reads from the

white haven, tennessee, up next. larry is a democrat. you're on the air. good morning. >> caller: good morning. i agree with the payroll tax extension. the key is to putting everybody back to work. once you put everybody back to work you can fix everything. that is the key. and right now, we need to do everything we can do to help the economy. >> so, larry, so you believe that this investment that people will spend the money and that will help the economy? >> yes, ma'am, i surely do. and you cannot cut the way out of a deficit. that is crazy. i'd never heard anything like that. if you cut all the jobs, what would the tax base be coming from? >> thanks for your call. next up is martha, a republican watching us in chicago. good morning. you're on. >> caller: let them learn how to work overseas before killing everybody. that's what i say. take it from them and give it back to the american-born people. >> all right. thanks for your call. greenville, ohio, this is don an independent there. good morning, don. >> caller: morning. how are you? >> great. thank you.

two names being debated secretary of state hillary clinton and former white house economic adviser larryummers. just in to cnbc, moody's says it might downgrade the credit ratings of 17 global banks because of fragile funding conditions. among the banks mentioned, bank of america, citigroup, goldman sachs, j.p. morgan and morgan stanley. some of the largest european banks are also under review. iran is threatening six european countries that it will cut off all oil supplies to those countries if economic sanctions continue. that sent oil prices soaring to 102 barrels. $100 a barrel and clogs will buy ing pringle potato chips from procter & gamble for $2. billion and they'll bail out of their deal with diamond foods and they came to light. general motors is ending pension contributions to 19,000 white-collar workers. they will instead put money into 401(k)s. sales of corporate jets in the u.s. are rebounding and had plummeted with the global financial crisis and the spectrum millionaire investor confidence index says confidence mo among the very rich has risen into the third straight mont

now, larry haus has worked in the white house under president clinton, he's a senior fellow with thecan foreign policy council. he says sanctions might work, but those have to be backed up and bulked up with the credible threat of american military action. >> if you want to prevent a catastrophe, then we have to make the iranians understand that we mean business. and i don't think the iranians understand that we mean business in a military sense. >> so back to oil. iran's economic life blood, india has become one of iran's biggest oil customers, but because of sanctions targeting the country's financial system, india is actually working out a barter agreement for some of the oil. they're paying in rice rather than in cash. guys, back to you. >> that's i guess one way around the financial system. michelle, thank you very much. we'll be in touch throughout the day and the rest of the week. what will ultimately work in stopping iran's nuclear program? sanctions or bombs or something else? let's bring in senior geopolitical strategist with barclays capital. welcome. good to have you with

jon: all right, let's talk a little bit about the republican race for the white house now. larrytal ball is just out today. he is discussing the long road ahead for the gop contenders. he jones us now from the center for politics at the university of virginia. all right, the crystal ball is pretty good, larry but you admit some of the information here looking out nine months to the election is a little bit speculative. >> yes. the crystal ball is cloudy for these outlying primaries, jon, no question about it and it is a long and winding road. there are so many things we can't predict along the way that will affect the results especially in those may and june primaries. jon: let's look at a couple of maps that show how things stand now. you're essentially presuming that mitt romney is going to be the nominee. if you look at the states where mitt romney is favored right now, they are colored in yellow on our national map, then there's a big batch of tossup states that get added to it. those could go either way for what, rick santorum or mitt romney? >> rick santorum, mitt romney or

white. >> you hit the nail on the head, and this brings the subject of larry mccarthy promoting mitt romney and the bug bow of this inherited many cases fear that democrats and liberals have of willie horton. here is the man who did the willie horton going to work for romney. is there any evidence that this stuff works any more. >> i think it works in republican parties. if it's going to work anywhere, that's where it works. nationally, or in a general election it works less and less. that's why we we're seeing less overt appeal to racism and bigotry and even the gay stuff it's amazing how quickly culture has moved from an area where it's okay to demonize gay people and now it's not. now it's seen as a political liability. now we see an situation where african-americans are off the table. immigrants yes you can bash on them. but a cautionary tale. this was a big issue in the nevada senate race. harry reid was one of the few democrats to escape. did he so because the latino turnout was through the root in 2010. in the caucus on saturday only 5% of rep caucus scores from latino. they're losin

this is a man who matched equations with larry summers in the white house. he has the resume and economic advisers, founder of the fantastic hamilton project now by chairman of global banking at citigroup. but that misses is the ambition and coakley brought to all of those jobs. that he brought to all of those jobs. he is one of the nation's leading experts on the budget and one of the leading experts on the microeconomics of health care. if you want to know how to bend the cost curve on your rising health insurance costs, he is the man to talk to. peter is a self-confessed geek. his public life is not something you can say about many geeks. many economists will bludgeon you with theories and numbers. when i read peter's columns they connect the dots to a pattern that i realize i should have known was there but i did not see it until he showed it to me. please welcome me in the -- help me in welcoming peter orszag. [applause] >> thank you, robin. thank you for joining us this afternoon, i am delighted to be here with you. i was like to talk to you about a fe

this man matched equations with larry summs and the white house.e has the resume -- the fantastic hamilton project at the brookings institution. director of the congressional budget office. president obama's budget director, and the head of global banking data citigrou -- at citigroup. there was ambition and scope that he brought to all of those jobs. he is one of the nation's leading experts on the budget and one of the leading experts on the microeconomics of health care. if you want to know how to bend the cost curve on your rising health insurance costs, he is the man to talk to. peter is a self-confessed geek. his public life is not something you can say about many geeks. many economists will bludgeon you with theories and numbers. when i read peter's columns they connect the dots to a pattern that i realize i should have known was there but i did not see it until he showed it to me. please welcome me in the -- help me in welcoming peter orszag. [applause] >> thank you, robin. thank you for joining us this afternoon, i am delighted to be here

this man matched equations with larry summers and the white house.s the resume -- the fantastic hamilton project at the brookings institution. director of the congressional budget office. president obama's budget director, and the head of global banking data citigrou -- at citigroup. there was ambition and scope that he brought to all of those jobs. he is one of the nation's leading experts on the budget and one of the leading experts on the microeconomics of health care. if you want to know how to bend the cost curve on your rising health insurance costs, he is the man to talk to. peter is a self-confessed geek. his public life is not something you can say about many geeks. many economists will bludgeon you with theories and numbers. when i read peter's columns they connect the dots to a pattern that i realize i should have known was there but i did not see it until he showed it to me. please welcome me in the -- help me in welcoming peter orszag. [applause] >> thank you, robin. thank you for joining us this afternoon, i am delighted to be here with

larry summers says about jobs, europe and america's future. >>> is the -- going the way of the horse and buggy. my conversation about the personal computer. >>> and a look inside the obama white house, marriage, michelle and the hot glare of the spotlight. the "the wall street journal report" begins right now. >> this is america's number one financial news program, the wj "the wall street journal report." now maria bartiromo. >> here's what is making news as we head to a new week on wall street a blockbuster jobs report for the month of january. the labor department reporting that 243,000 new jobs were created last month, way above economists expectations. the unemployment rate is down to 8.3%, down from 8.5%. the greatest increase in jobs created since april. the unemployment rate now at the lowest level in nearly three years. >>> the markets closed off a powerful january rally on tuesday. the dow and standard & poors having their best start in 15 years them nasdaq with the best beginning since 2001. by wednesday, the dow had approached a 3 1/2 year high. the markets rose later in the week. in the most widely anticipated initial public offering since google facebook announce

dan weitzer in at the white house, larry strickland and particularly cam kerry for their leadership andriving this through. um, and, obviously, the industry leaders and consumer groups who made this kind of cooperative, voluntary announcement possible. we got a few speakers just make, i think, some of the basic point, point, which is, one, when we ask ourselves as we should economically what can we do that lays the foundation for growth and shared prosperity in our country, you ask what you can do to lay the foundation for the private sector and citizens to create this -- that type of growth and prosperity. and one of the things that you, is fitting for the role of government beyond trying to lay the foundations of an excellent infrastructure and skills of our people is trust. it is trust in engaging in commerce, trust in the ways that we communicate. it is that trust in the quality of products, the in the reliability of the currency, the trust of the banking system. all of these things are part of the things that gives, that makes us take for granted that we exchange the exchanges that

larry, thank you. >> thanks a lot, jon. jenna: right now the whitees growing political pressure over a policy that's being called an attack on religious freedom. the new health care mandate forces some faith-based employers to provide health insurance that covers birth control for free. senior white house correspondent wendell goler is live on the north lawn taking a look at all of this. >> reporter: this pressure is coming from catholic leaders like new york archbishop i'm the think dolan who says the new hhs regulation doesn't jibe with assurances president obama gave him and from catholic groups that supported the health care reform law like sisters for charity. the head of that group welcomed vice president biden to ohio today with an op-ed that read in part, quote, the regulation denies adequate conscious protections for religious employers like us. biden, who is catholic, reportedly warned the president the contraception decision would likely cause an uproar, though it's unclear and the white house won't say if he argued against it. the preside

white race." his victims are chosen at random, except for two, civil rights leader vernon jordan and "hustler" publisher larrylin, feeling his crimes are not getting the attention they deserve, escalates his violence. >> a serial sniper is a tough offender to understand. he decides who will be in his sights. he realizes that that person's life rests in his hands. so the ultimate thrill and sense of power and control over another human being has to be considered as part of the motivation for being a serial sniper. >> it appears that franklin also decides to expand his target list to include children. on june 8th, 1980, the sniper unleashes his pain on cincinnati, ohio. >> you have two teenage boys that were shot and killed in cincinnati. no one sees anything. no one identifies anybody that was responsible. >> the victims, dante evans brown, and darrell lane, cousins and best friends, were 13 and 14 years old. >> give our brother dante peaceful rest, father, son and holy spirit come on you and remain on you forever. amen. >> up until that point, we had not seen really young victims, 13 and 14 years of age, who

white house doesn't? >> actually, they asked the poll question the right way. and i've seen this for years, larry.n you ask the american people how much should government take out of any american's paycheck, it's amazing. a very large majority, 60, 70% of americans come back and say somewhere around 20%. people are fair. they realize it's just not fair for the government to take more than 20% out of any worker's pay, the fruit of their labor. that explains the poll pretty easily. >> jared bernstein, if you ask the question do you want the rich to pay higher taxes, people say sure. but when you get down to specifics and details, you get this kind of analysis. and the gallup poll and others are saying people want about -- about 60% want fewer government services and lower tax rates. do your friends in the white house, are they about to make a big political mistake? >> i don't think so. first of all, i'm glad the way you teed this up. the poll is a bit of an outliar. you got to compare to it the polls where they ask if the wealthy are paying their fair share and that poll is saying 60 to 70% where pe

larry, let me point out, this is critically important to our rights. that the corporation should sno have had to come like supplecants to go to the white house for theirvers. it should be spelled out in the statute. >> but until obama care is overturned, okay, i'm just saying they have given the waivers away to their friends, why not give it to the church? n i believe in choice and every individual that works in these institutions should be able to purchase their own health insurance package with by you the way the same tax treatment as business es this is what is missing. once you have government controlled and government dominated programs, then a million of these problems cop in. i'll give you the last word. >> in 2001, you had six republicans in the senate introduce this very kind of requirement, without the religion protection. >> it's about choice. >> members of congress had -- >> i know. betsy and igor, that is all, i'm for choice, not government control, we will see you tomorrow night.

anyone had ever seen -- you and larry were speaking to this too -- an african-american woman with a voice like that who was so beautiful and so strong -- >> and a mouthful of white, beautiful teeth, the bone structure. i hate to wax poetic about whitney houston but she was a beautiful woman who was extremely talented. >> yes, absolutely. and again, i just -- you know, we're talking about this and i can kind of hear it in your voice. i'm still pretty stunned and it's hard to digest those words that whitney houston has died. but once again cnn has confirmed it through her representative, that whitney houston at the age of 48 has passed away. the last time i think that publicly a lot of people saw her was thursday night at the event she was at for kelly price and then i think she was at another event after that. and, again, our staffer saw her on thursday evening at -- with clive davis doing interviews for his pre -- >> nischelle, are you still there? i think i lost her for a little bit. let me just reset for our viewers here, and you're watching -- i'm not sure if we're broadcasting around the world but you're watching cnn domestic. i want to welcome our internati

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quote it is wrong for the white house to continue the charade insisting those advisors closest to the president were not involved in solyndra when documents show otherwise. larryrol browner, david axle rod, dan pheiffer, jay carney and success teal yaw mo munos were part of the discussions. they want some of the questions answered. who instructed sol lynn draw to delay and what role did the white house play in the original loan and restructuring of the loan. >> long list of names there. where does the investigation go from here? >> republicans say they will continue the investigation. not done yet. they want to know if it was a case of krohn kneecap tallism or just plain incompetence on the part of the white house. the white house maintains it was neither. white house wrote the committee quoting in part the committee continues to engage in a wide ranging fishing expedition demanding the white house provide more documents with minimal if any relevance to the committee's over sight interest of legislative function. the white house ended the letter by saying it wants the committee to quote reconsider it's broad requests. diplomatic language, heather. >> thank you

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well, in honor of larry, and given his propensity for white food, i figured milk is the most appropriatehdown brings me 'round again to find i'm... ♪ a toast to larry. yes, may the orbit rise with you. and may the solar winds be at your back. (launch announcer speaking indistinctly) i think you've been hanging out with us nerds for too long. wait, wait, here we go. announcer: and minus-10... all: nine, eight... seven, six... five, four... three, two, one! announcer: and liftoff. ♪ i'm not the man they think i am at all, oh, no, no, no ♪ godspeed, larry fleinhardt. ♪ i'm a rocket man... captioning sponsored by cbs paramount network television and brought to you by toyota. moving forward. choose any direction as long as it's moving forward. the rid-x septic subscriber program helps prevent backups by sending you monthly doses right to your door so you will never forget to maintain your system. sign up at rid-x.com. ♪ [ female announcer ] get ready to pop your laundry. by marie claire as one of the 25 beauty products that will change your life because it whitens by removing up to 80% of sur