steven elop is the departing ceo, after just three years in the corner office, a time in which nokia'sshare price plummeted and the share of phone sales took a nose dive, elop will earn millions when the company folds into microsoft. >>> and investors and regulators outraged on the fuel that fed the fire on the financial meltdown. many believe that sky high pay for investors encouraged the risk-taking of the economy. just like the financial services industry since the crisis, wall street's pay has been down sized and restructured. mary thompson has more. >>> it is lunch time at harry's cafe and steak in new york city's financial district, and business is brisk. >> i think the mood on wall street is good, still not where it was, i don't know if it ever will be. >> a lot on wall street changed since the financial crisis, including the spending habits of the general manager, who says about those that frequent the restaurant. >> they have one of the best wine collections in new york. so we would see bottles of wine at $5,000 or $8,000 for lunch. that was very common at the peak. today, it

that's big on hardware and brings back a microsoft veteran steven elop who is suddenly the front runner to be the ceo. >> we know how to work together through our partnership. we are glad to have steven come to microsoft, back to microsoft. most of the team on devices and services will join us, and that will form the core of a variety of things that we're going to do in devices. >> reporter: he made a controversial call years ago to bet nokia's future on microsoft. >> to combat samsung and apple feels like a good place. if you take a look at the android market right now and the other players in the android market environment, it's a tough slog. >> reporter: it's sure to be a tough slog anyway. apple is out selling nokia 6-1 but if this deal goes through before spring as microsoft hopes, it will at least have more firepower. i'm jon fortt. >>> investors were talking today about that massive verizon acquisition announced over the weekend. it's paying $130 billion to britain vote a phone to buy the 45% of their wireless joint venture that verizon didn't already own. the news didn't go down

. >> is steven elop worth it? >> i don't know how you put a price on it. person and really what they expect out of a company. they keep talking about devices and it's now you know a gadget company. it's going to parlay monopoly in one area to that. hard to see. >> what does it say we have big companies, apple and microsoft, people are on their -- trying to follow every iteration of every new product but there's a lingering balance sheet discussion in the background. lingering activist discussion in the background, it's dividend, the a buy-back. is what the overriding dynamic for the next three months. >> what's driving all of that stuff is you have massive pools of cash out there and the market itself is not rewarding companies for being very liquid and you know, how many times can you say apple's cheap or microsoft's cheap? >> we can say it quite a bit. >> but numbers don't lie. that has not translated into return. >> mike, stay there for a second. shift to apple. for those who missed it, apple is making headlines and its shares are on the move. tech comp