and i think you're right, bill thompson made a difference. e are quirky qualities of bill gross that we didn't know so much about. but you also have to play in the age. at age 70, ironic will he the exact same age as fred smith at federal express. >> all good points. i want to get back to tracy, though. if personality and leadership style was such a big deal, how long do you think he'll actually last at janus? he goes from bond king to bond i don't know what, prince for the bond fund barely under existence. he has a founder's complex and now he's not in charge at all. there. >> gross said he was leaving because he wanted to get back to the bread and butter off efe e investing. so now he has an opportunity to go to janus and show what he's made of, show that the reputation that he's developed 6 being a bond picker extraordinary is still there and he can still do it. and he doesn't have the excuses that he used to have at pimco which were he's managing a ton of money and whenever he changes positions, the market front runs help and they all know

dick is like his mentor, bill thompson, who is c.e.o., very much like bill thompson.e's very measured. he's a great listener. he's strategic. he has a legal background so he comes from a deep depth. think this is a masterstroke. >> was he getting fired anyway? >> stephanie raises a good question. when pimco says there were fundamental differences between the firm and bill gross, is that just code for the fact that bill gross was going to be on his way ut regardless at some point? >> that's a very good question that you have to write a script when someone departs. this was their script. there can be differences and i think it shows in bill's choice of what he's doing what he really wanted to do more of and wanted to do less of. >> i want you to stay with us. we have breaking news off this pimco story. take you to our newsroom, our colleague betty liu has been on the phones. >> that's right, guys. i have been talking to some people very close to pimco, very senior folks close to pimco. this is what i have for you right now. they said the reason why that bill gross left

dick weill didn't get along with who the ceo of pimco used to be, bill thompson. he left the company when mohammed alarian got there. what i think has happened here is the relationship between dick weill and bill gross is the reason that we are seeing him back now at janus. let me see if i can't get this back in my ear. i apologize. i can't speak -- i should say, i can't speak to whether he was pushed or left on his own volition. i can say this. a number of people very close to pimco had no idea. this is shocking and surprising everyone, not just in the markets, but people literally in the room. that unto itself is surprising. i whether he is gone and this is a surprise to them this morning. we will continue to find out what's going on. it is really the relationship between so many people inside pimco and all the different infighting and troubles between bill thompson, dick weill. it's remarkable where things have gone in all of this. >> the largest bond shop by far at pimco. a couple of headlines here from dow jones citing a source. i'll share them because we know

today bill gross has resigned unexpectedly. mary thompson is looking at what the big institutional investors may do now and how it has the potential to royal the markets. >> we spent the morning calling around to biggest pension funds to see who had holdings in the pimco funds. among those who called us back wisconsin said it didn't hold on. california teachers declined comment. florida state board of administration, manager of the 8.billion retirement fund says it has $535 million invested. they put the fund on an enhanced oversight list after former ceo left the firm. he said gross's departure will be taken into account as it continues to monitor the investment. the fund did find out about gross's departure as you and i did. beyond management turmoil the $222 billion total return fund has been plagued by another problem, under performance. it is that under performance triggering outflows of almost $69 billion over the last 16 months through august of this year including $41 billion pulled out in 2013 when the fund lost money because they w

thompson from cnbc. thank you, mary. >>> a new bill in the strict would ban mascots like the redskins from d.c. public schools. kenyan mcduffy introduced the bill to erase all race-based mascots at schools in the county. the indians say the name is part of how they grew up. mcduffy said there is a larger issue at play. >> remember that these are very offensive and objectionable to a lot of people. >> d.c. schools released a short statement saying they don't want to offend anyone. five schools would have to change their names. the alumni plan to fight the legislation. >>> we are staying on top of a developing story for you. the u.s. conducted new air strikes in syria overnight. what we are learning about the targets this morning. >>> right now at 6:00 a.m., we are following a developing story. new air strikes in syria and iraq overnight. the specific area targeted and the push forward president obama will make today. >>> plus, a report found d.c. issues traffic tickets to people who do not deserve them and makes a lot of money doing it. the discussion today getting to the heart of the issue. >>>

thompson introduced a bill that would extend the act and ads and needed improvements and i urge my colleaguesnsor that legislation. even though it has been almost a year since the bombings, there have been some game changing moments and some ships are still anchored. as we continue to seek answers, i remind us to be responsible and to act within our constitutional boundaries. the people of boston are looking for leadership on this issue. i yield back the balance of my time and ask the this statement be put into the record. >> without objection so ordered. thank you ranking members and former federal prosecutor. i and the same legal status is very well and we do nothing to jeopardize as prosecution and members of congress understand our responsibilities and the commensurate's responsibilities for oversight and of the constitution of the united states. as recently quoted in the boston globe, quote, this shouldn't be about democrats and republicans. if you can't put that step behind you on an issue like this, then i don't know what you can. i couldn't agree more with the boston globe on that sta

last month's napa earthquake. 65-year-old laurie thompson died from injuries when a tv fell on her during the earthquake. >> governor brown is signing a bill for three sick days per year p officials say most don't receive paid sick leave. >> that is all for now. the president's address on isis is next. we'll be watching the speech and tweeting throughout. you can follow us on twitter. >>> thank you, george. thanks for joining us tonight we begin with the mountain lion attacking a 6-year-old boy in cupertino sunday state fish and wildlife released this picture, you can just make out the cat's paw print. now, we can report it's been captureed and killed. tiffany wilson is live with the story. tiffany? >> it was around 9:00 this morning the dog picked up fresh tracks of the mountain lion. if you take a look, you can see the dogs as they began tracking several days ago. and they followed those tracks for about 90 minutes throughout the dense forest. now, the dogs did tree the cats 130 yards from where the 6-year-old boy was mauled. wildlife officers say the cat became very aggressive, looking into the eyes of a warden, preparing to pounce at t

thompson. >>> a big story that broke last week is still a big topic of discussion on wall street, the resignation of bill gross from pimco, the massive asset management firm he helped to create, well, today the new ceo and dan iverson spoke with the growth and how the firm will carry on without him. >> bill gross resigned last week, we had in pce a succession plan that had been in process all during the course of this year. bill was going to leave eventually, we all knew that, whether it was friday or next year, we put our plan in place and moved forward. >> bill gross was a brilliant investor. we moved forward in terms of a manager. we as a team will move forward with a model based more on teamwork. >> despite reports of billions from out-flows from pimco in the wake of bill gross's decision on friday, the vast majority of clients will stay wi the firm. >> on wall street, stocks were up and down before ending the day and the monday of september to the down side, but the major averages did wrap up the third quarter with gains, the dow fell 28 points, the nasdaq lower by 12. s&p 500 off by 5 and a half. f

last month's napa earthquake. 65-year-old laurie thompson died from injuries when a tv fell on her during t earthquake. >> governor brown is signing a billthree sick days per year p officials say most don't receive paid sick leave. >> that is all for now. the president's address on isis is next. we'll be watching the speech and tweeting throughout. you can follow us on twitter. >>> this is an abc news special report. a presidential address to the nation. now, reporting, george stephanopoulos. >> good evening, we're here now because president obama is about to present his plan to defeat the group isis. it's a big moment for the president. after a summer where isis executed two american journalists, he's ready to dramatically expand the u.s.'

>> reporter: but lifelong democrat geraldine thompson a state lawmaker who worked with republican crist on voting expansion and education billss she is convinced his values haven't changed. >> regardless of whether he's had an "r" or a "d" behind his name, his behavior has demonstrated that he is in touch with the people and he's someone who cares about people. and that's why i'm supporting charlie crist. >> reporter: while both candidates are out shaking hands at local restaurants and forums. the big-money campaign is being waged on television. the election is expected to be one of the most expensive and nastiest races in the country. already more than $40 million has been spent by the candidates and outside interest groups and that number is expected to climb to $150 million. so far, the scott side is outspending crist three-to-one. even though polls show a tight race, scott has seen his numbers improve since he began the ad campaign. the pro-scott ads beat up on crist for plunging the state into an economic crisis during his tenure as governor. >> the numbers tell the story. florida's unemployment rate tripled. 800,000 job

thompson for "nightly business report." >>> and coming up, three major pharmaceutical companies have released new data on promising cancer drugs. details next. >>> more on last week's news about pimco founder bill gross living the asset management firm and the $2 trillion bond powerhouse he co-created. "the wall street journal" reports $10 billion in outflows from pimco on friday alone. and the journal says there are fears inside the firm that $100 billion maybe even more could flood out in the wake of gross' departure. >> so where did a lot of that investor money go? jeff gundlach, the ceo of doubleline capital said he saw between 400 million and 500 million in net inflows on friday alone in the wake of bill gross' sudden departure. >>> greenworks animation could soon have a new japanese owner. according to reports the company softbank is now looking to buy dreamworks, the studio behind shrek and madagascar. the reported offer price is almost $3.5 billion. that's $32 a share and a big premium on dream democrat woshs' closing price today. and a canadian natural gas company is buying anoflon, a tes shale company. it will give the canadian company a foothold in one of america's most oil had been

thompson: over the past two years the house of representatives has advanced bill after bill to grow our economy. the house has passed legislation to keep our small businesses growing through through smarter legislation. we passed legislation to increase job opportunities. the house has passed legislation to make energy more affordable and keep the country on a path to energy security. the house has passed legislation to reees to ip crease timber production. we have advanced legislation to dernize science miking and protecting our economy. the senate has failed to act. the house has passed a series of reforms including repeal of the 2.3% act. american people deserve better. i yield back the balance of my time. the speaker pro tempore: the gentleman yields back the balance of his time. the chair lays before the house the following personal requests. capito of west virginia for today. mr. gingrey of georgia for today. misjackson lee of texas for today. mr. lowenthal of today for today and ms. moore of wisconsin for today. the speaker pro tempore: woirks request is granted. -- without objec

bill and i yield back the balance of my time. the speaker pro tempore: the gentleman yields back the balance of his time. the gentleman from california. mr. thompson: i yield back. the speaker pro tempore: the gentleman from california yields back. the question is, will the house suspend the rules and pass h.r. 5106. those in favor say aye. those opposed, no. in the opinion of the chair, 2/3 of those voting having responded in the affirmative, the rules are suspended, the bill is passed and, without objection, the motion to reconsider is laid on the table. for what purpose does the gentleman from ohio seek recognition? mr. stivers: mr. speaker, i move that the house -- i'm sorry, mr. speaker. mr. speaker, i move that the house suspend the rules and pass h.r. 4189 as amended. the speaker pro tempore: the clerk will report the title of the bill. the clerk: h.r. 4189, a bill to designate the facility of the united states postal service located at 4000 leap road in hillyard, ohio, as the sergeant shawn t. hannon and master sergeant jeffrey j. reick and veterans memorial post office building. the speaker pro tempore: the gentleman from ohio, mr. stiver

bill injured gained would try to come here with their machine gunsng would try to come here with their machine guns and free his girlfriend. there were federal marshals with sawed-off shotguns and thompsonchine guns waiting in case any member of the gang would show a. you can imagine what it was like in the sweltering heat of summer of 35-36 when all the gamesters were here and everyone was waiting to see if other gangsters with machine guns would come and try to free them. we are in debasement of landmark center which is open to the public. right here is the radiator that the director of the fbi, j. edgar hoover, kept one of the public enemy's, handcuffed to just before hoover dragged him into the court room to have him convicted. he pled guilty to the kidnapping in 1930s. this is a photo of alvin, a fascinating character, had something of a heart. he promised if any kids were around he would make sure the kids weren't killed if he did issue out with the fbi. he pled guilty to the 1933 kidnapping of millionaire william hamm, spent decades in prison. when he got out, all of the ill-gotten loot, his kidnap money, ransom, a bank robbery loot was in banks, accruing full interest while he w