Here's a similar post with solution:
http://www.experts-exchang
There is a also suggestion found here:
http://mobeer.blogspot.com
"Update: I still haven't found a permanent solution but I found another thing that seems to help. In Excel 2007, from the "home" tab, the first thing on the left is the clipboard tool panel. Expand the panel to view the clipboard and in the clipboard you might find "cannot empty clipboard" as an entry. Empty the clipboard, keep the panel open for a second or two while you do a few cut and pastes/drags etc. and then the bogey seems to go away."
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by: lenny666Posted on 2009-09-09 at 01:54:52ID: 25289308
are you using remote desktop/terminal? Another thing that might mess with clipboard is if you have some kind of software that monitors clipboard (GetRight, FlashGet etc.) If you have some 3d party programs linked to excel, suspect that as well.