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CNBC Squawk Box April 12, 2016

Its called the stack. Thats the way the stack works. There it is. Look at that. I see whats going on. The yen is weaker. The first time in eight days. You just have to laugh. All these Central Banks trying to hard to intervene. Japan desperately every time the central bank of japan does something, their currency gets stronger, not weaker. Instead of these half measur measures, why dont they pay junk bond yields to people to borrow money . Give them 13 , 14 . How negative can rates go . Can they go to why not inject money directly into peoples accounts . Just pour it in there. I like that. Much more effective at this point. You saw germany. The average yield is now zero. On friday it was 0. 01. They lost that now. Across the board, its zero. Whats the record for now negative . I dont know. You cant get 5 negative, can you . I dont see why not. Its not working though. This is what makes me laugh. Front page, lew urges imf regulators ....

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Penn State president could get $1.5 million bonus if she stays through June 2032

Penn State University trustees on Friday showed they want to retain President Neeli Bendapudi long term by approving incentives including a $1.5 million bonus if she stays in office through June 30, 2032. The vote to amend her compensation package came as the state’s flagship public university confronts what some ....

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