shery: another ceo out the door a red bridgewater's eileen murray, co.ef executive is stepping down next quarter after 10-plus years at the firm. dalio took to successfully transition bridgewater and to create a lasting leadership team. five people have held the title since 2011. for more, let's welcome catherine burton. do we have any idea about what led to this departure, and if this will be a positive for the company? >> we don't really have any idea why eileen left at this time. it has never been our understanding until today that she was ever going to leave. it was always going to be a co-ceo position. so we don't really know what happened. amanda: there has been a sense of a fair amount of movement at the top since ray dalio stepped back. this is kind of a loss of stability. what do you think this might say, will it cause concern about what is happening inside the company, and the guidance in ray dalio's assets? the positive for bridgewater, david mccormick, who is remaining, has been the person face-to-face with clients. they probably have comfort

ray dalio gave up management of bridgewater in 2011.ld the title of ceo or co-ceo. i'm viviana hurtado. this is bloomberg. more on those leadership changes, bloombergs and ali bostic joins me nap -- birds sonali bostic joins me now. li: a note -- she says she is -- her name was wei du did -- her name was floated for the wells fargo position. she is a senior woman on wall street. she has run technology operations at morgan stanley and also at credit suisse. alix: do we clean anything about wall street women in the hedge fund world or is this they maxed out, they want to go somewhere else, or is this a generation of women wanting to start different kinds of businesses? of the moreis one senior women on wall street, but at bridgewater five people have helped the ceo or co-ceo position throughout the succession planning ray dalio has done. ray dalio is past 70 and david mccormick is 54. he has held the post for the last two and a half years with eileen. ray dalio once a team to be running bridgewater and not just one person. who else will b

i want to go to bridgewater. make money and learn.ties you would look for in me to make it likely that i would succeed? do you want someone that is the first in the class, a student body president, an athlete -- what is it that you look for? ray: when i look at people, i look at them in three dimensions of a person -- values, abilities, and skills. most companies hire for skills. i believe it should be the other way around. i look at their values. values means like what are the , motivations and missions? skills is least important. then, you look at abilities. abilities is the way of thinking. is somebody a big picture thinker, is somebody creative? i want to put together a mix of those right people. skills -- can you program, do you know those things -- are important, but it is the least important. so what i look for really is character. character is number one. and to be on a mission. and then it applies to the , particular job they have. when i am referring to values, i'm referring to, is this a person of good character? number one

is of course part of this financial wise world he's the biggest hedge fund manager in the world bridgewater capital over in connecticut not too far from here he has been writing a series of blog posts over the past few weeks few months and i would say that he seems very very concerned that the pitchforks. are going to come out for the billionaires and himself seems to suggest it's a lot to do with the federal reserve giving people like me free money i get to borrow at less than 0 percent nobody else can that money being given over and over and over and when you see a round of all this quantitative easing. again it doesn't go into the economy it just goes into the finance as ramana going to still want to model streisand's here and the helicopter spends helicopter drops the money of a world straight not mine straight and uses the old parasol it sang a low chute and if you don't if you don't feed me i'm going to draw it will be the host that's in trouble not the parasite in rebellious like something out of a willy wonka story he's trapped in a chocolate factory eating himself to death. and i t

these hardcore fans don't yet see a ban as the way to tackle this problem kristen salumi al-jazeera bridgewater new jersey. just want to bring you up to date on this breaking news out of iraq u.s. is trucks have targeted the popular mobilisation forces militia in the west of the country close to syria's border it's mind the made up of shia groups that helped iraq's government in its fight against us all our reporter told us that there's been up to 5 attacks launched by within iraq at all sides syria targeting the popular mobilisation forces and also his bill of forces inside syria are of course linked to iran well these are the headlines now the new news continues. mogadishu suffers its worst attack in the years raising a question mark over transition plans are on groups making a comeback will national institutions be able to take on more responsibility in 2020 this is inside story. hello welcome to the show i'm sam is a than nearly 80 people were killed on saturday in the worst bomb attack in the somali capital in 2 years president mohammed of the law he has condemned it as he nears acts of te

these hardcore fans don't yet see a ban as the way to tackle this problem kristen salumi al-jazeera bridgewater new jersey. just want to bring you up to date on this breaking news out of iraq u.s. is trucks have targeted the popular mobilisation forces militia in the west of the country close to syria's border it's mind the made up of shia groups that helped iraq's government in its fight against our reporter told us that there's been up to 5 attacks launched by within iraq at all sides syria targeting the poppy the mobilization forces and also his bill of forces inside syria dire of course linked to iran well these are the headlines now the new use continues. mogadishu suffers its worst attack in the years raising a question mark over transition plans all wrong groups making a comeback will national institutions be able to take on more responsibility in 2020 this is inside story. hello welcome to the show i am sam he's a than nearly 80 people were killed on saturday in the worst bomb attack in the somali capital in 2 years president muhammad of the law he has condemned it as he'll.

these hardcore fans don't yet see a ban as the way to tackle this problem kristen salumi al jazeera bridgewaternew jersey. this is al jazeera and these are current top stories boman somalia's capital has killed at least 79 people and injured many more most of the dead were university students well there's been no claim of responsibility somalia's president is pointing towards a. second so i mean. the motive behind such an attack is to terrorize and demoralize the somali people and its government the people its government will never be demoralized from achieving our development goals and rebuilding our country this terrorist group of aussie it seems has been contracted to kill and massacre innocent people and destroy all the infrastructure. in the central african republic at least 40 people were killed in fighting between traders and on land violence began in the capital bongi on thursday when traders began resisting attack symbols on them by local fights says dozens of shops and houses in the p.k. 5 districts were burned down. hundreds of protesters have gathered outside the home of lebanon's p

these hardcore fans don't yet see a ban as the way to tackle this problem kristen salumi al-jazeera bridgewaternew jersey. they want you all just there with me to hold the reminder of our top stories a prisoner swaps under way between pro russian separatists and ukraine's cold looked at east and the government it's the 2nd major release since care of a agree to exchange detainees in september the agreement follows talks between ukraine and russia's leaders earlier this month both sides agreed to work towards deescalating the conflict in donetsk that broke out in 2014 turkey has that doctors and medical supplies to somalia to treat the dozens of people injured in saturday's suicide bombing nearly 80 people were killed in the deadliest attack in mogadishu for 2 years somalia's president is blaming the group al-shabaab and says the country. well not to be demoralized so i can see what. the motive behind such an attack is to terrorize and demoralize the somali people and its government the people in its government will never be demoralized from achieving our development goals and rebuilding our cou

these hardcore fans don't yet see a ban as the way to tackle this problem kristen salumi al-jazeera bridgewater new jersey. you're watching al-jazeera the sell rubber band of all the top stories and breaking news coming out of yemen that its security belt forces say that the blast has hit a military graduation parade in the southern town of. witnesses say the explosion went off in a guest plant for no one has yet claimed responsibility for the attack we're trying to bring you more of that in the coming hours are the top stories that turkey has sent doctors and medical supplies to somalia following saturday's suicide attack that killed at least 79 people in mogadishu the president is blaming al-shabaab fold the truck bombing though no one has yet claimed responsibility. so i can see why the the motive behind such an attack is to terrorize and demoralize the somali people and its government the people in its government will never be demoralized from achieving our development goals and rebuilding our country this terrorist group of our it seems has been contracted to kill and massacre innocent peo

these hardcore fans don't yet see a ban as the way to tackle this problem kristen salumi al-jazeera bridgewater new jersey. funny the 3 week war count by workers in france is causing the entertainment industry to suffer what is usually its busiest time of year the show has gone on as they say in theaters during the christmas holidays but without the sellout audiences bennett smith has this report from paris. of paris is the cast expects to perform in front of full houses at this time of year. but amid the rows of excited children that are empty seats a drop of 20 percent in ticket sales means the public transport strike is no laughing matter. for the only family that owned the circus for almost 90 years it's one of the toughest seasons they've had we we doing the show until 16 of march so if we lose 20 percent every. is a lot of money is a lot of lost but we can stop we have contract with the artists we are and our public already more ticket until the 16th of march so we can say we stop it's impossible. sometimes it's the performers who are on strike. against government plans to reform pensions

these hardcore fans don't yet see a ban as the way to tackle this problem kristen salumi al-jazeera bridgewater new jersey. and i'm. with the headlines a truck bomb and somalia's capital has killed at least $79.00 people and injured many more most of the dead on university students and what has been no claim of responsibility as president is pointing at al shabaab. so i can see why the thought of the motive behind such an attack is to terrorize and demoralize the somali people and its government the people its government will never be demoralized from achieving our development goals and rebuilding our country this terrorist group of awesome seems has been contracted to kill and massacre innocent people and destroy all infrastructure. in central african republic at least 40 people have been killed and fighting between traders and armed men violence began in the capital bangui on thursday when traders rejected a tax imposed on the my local fighters dozens of shops and homes in the p.k. 5 districts have been burned down libya's un backed government forces are resisting world really for have to as

these hardcore fans don't yet see a ban as the way to tackle this problem kristen salumi al-jazeera bridgewater new jersey. your child has their arms the whole room the reminder of our top news stories turkey is sending doctors and medical supplies to somalia following saturday's truck bomb attack which killed at least 79 people and injured dozens of all the somali president is blaming al-shabaab but no one has claimed responsibility for the bombing in mogadishu so i can see what. the motive behind such an attack is to terrorize and demoralize the somali people and its government the people in its government will never be demoralized from achieving our development goals and rebuilding our country this terrorist group of boston it seems has been contracted to kill and massacre innocent people and destroy all infrastructure. the u.n. sent a rapid response team to central african republic after at least 40 people were killed in fighting between shop owners and the battle began in the capital thursday when traders refused to pay money demanded by local fighters dozens of shops and houses in the p.k

then there are funds like bridgewater, his fund has done poorly this year. the first losing year in many years. vonnie: thank you. that is a fascinating story. let's go to the stock of the hour. this is where the rubber meets the road. this is putting a $20 price target on the company at the end. been a listless year for auto parts. get the details. abigail: a very difficult year. goodyear stock down this year. roughly eight -- 20% upside from the current level, and the big reason that goodyear tire is an attractive defensive play within deepector, trading at a , a 10%t, a 32% discount basis, so that would be one of the big factors. the other factors being cited by this analyst, they are saying this company could have a strong recovery by completing restructuring plus they have high exposure to the aftermarket tires. something so interesting, and i think of the tires, i think of probably new cars but it turns out most of their business is coming from replacement tires at about 75% of their business. vonnie: it's been a tough year overall. does that factor in

the folks behind this fund, alums of bridgewater. for some, the final stages liquidation.ndas passively managed invested in cloud infrastructure stocks. investors never quite bought it. let's get passive aggressive and track that tension between active and passive investing. i sat down with each use of blackrock, state smart to look ahead to 2020. here is part of my discussion with armando senra, rich powers, and noel archard. we began with a shift to passive. >> it's been a good run. actually wish for this because it would be a horrible thing, but it would take a significant market correction for some of that money to shift. you are talking maybe 90 bps for portfolio holdings. we have a lot of conversations with clients who are biding their time because they can see how they can use some of these beta products as an active construct, strategy they are deploying. they have to be sensitive to come in the retail space, tax ramifications. >> we know it was a great adoption for dts, the global crisis. investors recognized that woman they were paying for was done being delivere

john, bridgewater, new jersey. caller: i believe your title is national reporter, political reporter,. reporter was's, a objective. number one, can you convince me that you are impartial? -- when it comes to trump? i understand when you are on msnbc which is total entertainment that you have to act accordingly -- guest: i do not act. caller: you do. guest: i do not. sir, i hope when you evaluate my work you evaluate the work, and the way i communicate my reporting whether it is on msnbc, or c-span, or pbs. i am committed to objectivity. i have been committed to objectivity since i started in this business. i believe you need to be vigorous. vigorous reporting is sometimes perceived as partisan, unfairly so. you need to be vigorous and tough on all sides, and you need to be calm and measured and make sure you are being perceptive in your analysis, but not partisan when it comes to president -- i spokes someone to candidate and president of the united states, i have been at the washington post for six years, when you

bridgewater's co-chief executive is stepping down next quarter after a 10 year tenure at the firm.ere since 2014. she shared the title was dave mccormack for the past 2.5 years. he will remain as ceo as the company. it was a remarkable scoop. eileen murray was considered to be the wells fargo ceo at one point. this woman has a lot of options moving forward. ♪ >> the new ceo of nissan beginning his first week at the wheel. he faces a number of challenges. what can we expect to hear from him? >> we can expect that his main goal will be to set out a plan and to calm concerns about leadership at the top of this company which is under pressure from all sorts of different directions. they have are ready set out a plan that includes job cuts. he has a reputation as being a very calm, thoughtful leader. not someone as flashy as ghosn. we know the story where he came in and made big changes and it worked. there was some risk involved in that. this is a signal that they are not looking at taking big risks. they want a more contemplative type of leadership, perhaps. someone who is not necessa

these hardcore fans don't yet see a ban as the way to tackle this problem kristen salumi al-jazeera bridgewaterew jersey. le bron james and the los angeles lakers ended their run of 4 straight defeats as they beat the portland trailblazers on saturday meanwhile james harden gave the shooting moss the gloss as they used and rockets down the brooklyn hard unschooling $44.00 points and seemed to be able to school from anywhere he chose east and lead a division and 2 places behind the naked in the with. former world number one andy murray has had to cancel his return to grand slam tennis the scot will settle to the australian open in january because of a powerless injury it's not all bad news though 12 months ago mary thought his career was over but he has been rising back up the rankings since having surgery to resurface he's hip. that's where we'll leave it for now i'll have another sports bulletin a little bit later on i will say that thanks peter and that's it for this news hour be back in just a moment thought it more about top stories from around. yeah hi. talked to al jazeera we were told to

these hardcore fans don't yet see a ban as the way to tackle this problem kristen salumi al-jazeera bridgewater new jersey south africa's cricket says have sitting and it's all good of 376 to win the foods taste at century and rossi from the descend with a half century in the home side 2nd innings total of 272 then rory burns has scored a 50 for england who 812141 in the chase for victory they need another $255.00 runs to pull off what would be a spectacular victory. italian skier dominic paris made it to world cup titles in as many days with another downhill victory on saturday on the full length stove you call seen bormio harris proved too good for the field and with it when top of the standings for the 1st time in his career overtaking switzerland for us it was an 18 world cup victory overall for paris. and one of skiing stone aimes has her 1st world cup title of the season in her 1st race of the season olympic champion michela shiffrin winning the giant slalom at lean seen all story on saturday it's the american 63rd world cup victory. it was 3 wins in 5 years for the comanche team in one o

these hardcore fans don't yet see a ban as the way to tackle this problem kristen salumi al-jazeera bridgewater new jersey. or there's another managerial change in the english premier league a former real madrid head coach emmanuel pellegrini lost his job at west ham on saturday he spent more than $200000000.00 on players a during his 18 months in charge but has lost 9 times in 12 games while he won't have been surprised by the sacking given his comments after the defeat by leicester . one of the great things of this club before that they all have these $3.60 something people full so they do sort of break the results and they did so they did they deserve a better. performance of the team are there 3 more games on a sunday the london derby is a 1st but then liverpool can increase their lead to 13 points man city trying to play catch up from. a former world number one andy murray has had to cancel his return to grand slam tennis scotsman will set out at the australian open in january because of a pelvis injury it's not all bad news 12 months ago murray thought of his career was over but he has be

these hardcore fans don't yet see a ban as the way to tackle this problem kristen salumi al-jazeera bridgewaterw jersey. well there is another manager change in the english premier league form a real madrid head coach mano pellegrini a lost his job at west ham on saturday green he spent more than 200000000 dollars on players aging his 18 months in charge but has lost 9 times and 12 games he won't have he won't have been surprised by the sacking given his comments after the defeat a bye leicester the end of one of the great things of this club the 5 that they only have the stadium was 60 something people for so did you sort of but the reason they did so they did they deserve a bit to a bit before most of the team. there are 3 more games on sunday the london dobby is a 1st stop but in a few minutes and then liverpool can increase their lead to 13 points mo city trying to play catch up from. former world number one andy murray has had to cancel his return to grandstand tennis is scotsman will sit out the australian open in january because of the pelvis injury it's not all a bad news at 12 months a

these hardcore fans don't yet see a ban as the way to tackle this problem kristen salumi al-jazeera bridgewater new jersey. le bron james in the los angeles lakers ended their run of 4 straight defeats as they beat the portland trailblazers on saturday meanwhile james harden gave the shooting last applause as they used the rockets down the brooklyn heart of the school in $44.00 points he seemed to be able to school from anywhere he chose. on the night you still leave a division and 2 places behind the makings in the woods. and that is we will leave it for now i'll have another sports bulletin a little bit later on stand up thank you for that and that's it for me and the team in darfur now bob or sarah and our colleagues in london next with more world news. what do you protest in about how does that include when they're on line well i face mental state i'm directly out of trance like it's playful or if you joined us on sand this is an attack on academic freedom and on our ability to do research and teach freely they say is a dialogue myanmar is not making it very welcoming for people to come bac

john, bridgewater, new jersey. i believe your title is national reporter, political reporter,. reporter was's, a objective. number one, can you convince me that you are impartial? -- when it comes to trump? i understand when you are on msnbc which is total entertainment that you have to act accordingly -- guest: i do not act. caller: you do. guest: i do not. sir, i hope when you evaluate my work you evaluate the work, and the way i communicate my reporting whether it is on msnbc, or c-span, or pbs. i am committed to objectivity. i have been committed to objectivity since i started in this business. i believe you need to be vigorous. vigorous reporting is sometimes perceived as partisan, unfairly so. you need to be vigorous and tough on all sides, and you need to be calm and measured and make sure you are being perceptive in your analysis, but not partisan when it comes to president -- i spokes someone to candidate and president of the united states, i have been at the washington post for six years, when you look at