dov charney is number one? he hit number two this year, and i guess it is well-deserved for all sorts of reasons. personal activities, stock price down 80% -- >> well, his personal act of these are well documented. what did he do wrong at the company? >> at the cup and a, you have an entrepreneur that actually deserves a lot of credit for building a very successful, thriving business, and then he kind of decided to be mr. micromanager, which you know a lot of founders have a lot of difficulty making that transition. then he had virtually every store manager call him directly one-on-one, and you can just manage an organization that way. >> at one point they had a warehousing problem and he slept on a mattress in the warehouse with a walkie-talkie on his chest to fix any problem. that is not ceo behavior. >> it is not something we teach at the talk school -- tuck school. a lowe'srsonal pickett was ok, it was when things went downhill that it was an issue. a smallerwhen you are company, micromanagement is not a te

charney teaming up with irving place capital to make a bid for the retailer.rican apparel's board fired him for misconduct. samsung may increase its dividend by 50%. maker of's largest smartphones says it's board will decide by the end of january. ants to boost returns to shareholders while earnings have fallen. nike shares down 4%. the company has been hurt by slowing demand in western europe and emerging markets. railed orders t estimates. bloomberg is "on the markets." a huge run. 420 points.ver we look to be building. s&p futures up. "on the markets" again in 30 minutes. back with my guest host veteran investor gary vaynerchuk, a lo ngtime investor in many companies pay he recently teamed up with steve ross. they invest in startups. steve is betting big. two companies you want to safebox.rezi and we had the ceo's. cofounder of is the restaurant reservation act. and the cofounder and ceo of the monthly subscription service. netflix for christians. you get inspirational biblical quotes. i'm really curious. youtrying to figure out, know what makes a good busi

now charney is out for good.xual harassment suits from former employees and has been known for his wild antics like reportedly conducting meetings in his underwear. he's been replaced by fashion executive paula insider. american apparel stock is getting a lift before the bell has been down more than 50% this year. this is not your typical ceo. he's got -- he founded the company. and he took a lot of artistic license, let's just put it that way. >> yeah, no more underwear meetings. >>> "early start" continues right now. >>> cyberterror hits the entertainment industry. theaters pulling the plug on the film "the interview" after being threatened with terror attacks. new confidential e-mails have been leaked and now new lawsuits have been filed. we have team coverage breaking down the very latest ahead. >>> pakistan is in mourning. the funerals begin for the nearly 150 people killed by taliban terrorists for going to school. this morning, new information about that attack, we're live. >>> and deeply disturbed.

in statement, charney says he is disappointed.shes the company success. >>> and if you're still looking for a last-minute christmas idea, this might be what you're looking for. mervis diamond importers in the washington, d.c. area is offering this beautiful $31,000 diamond encrusted apple watch for preorder. there will probably be five to ten limited edition models. the watch is not being pushed by apple. mervis plans on decking out the device on its own. but it's not a real thing yet. the apple watch is not available for sale. mervis is waiting to see if there are buyer us out there before they roll it out. the apple watch coming out in early 2015. we want to hear from you. if money was no object, what would your christmas gift be? what would you want to see under the tree for this christmas holiday season. get in touch with us by e-mail. worldwide@cnbc.com or tweet us, @cnbcwex. >>> it feels like deja vu where the threat of a snap lekdz is putting the country on the brink. cute little guy, huh? this guy could take down your enti

there's a push to bring back dov charney. apple is getting whipsawed by the ruble.pany has done about that. we will return in two minutes on the bank." ♪ >> welcome back to "in the loop." bringing you the most important stories before the bell. alex sherman and scarlet fu joining me. at number four, i love this story. it is so juicy. american apparel names and new ceo. company executives want to the controversial founder and former ceo dov charney, who was relegated to a consultant role, they want him back. they say he is what makes this company tech. -- tick. do they had a point? >> the shares are below a dollar. the company is doing terribly. what do you do? you could argue that this has to do with an ongoing saga for people who have followed this company. part of the reason the company has done terribly has to do with the fact that this has been an ongoing problem. he's been accused of sexual harassment, personal misconduct, funneling money. not end, he filed for arbitration. he is fighting this. he has a considerable stake in .he company this will not go away an

of the of the conditions of dovould be a return charney, the controversial founder who was fired aftervestigation into his conduct. steph? we have been talking about that story on morning. trish told us earlier about her conversation with a man who basically said he was stabbed in the back. we just got a statement moments ago -- our objective is to help american apparel grow and succeed. we respect the board of decision to terminate him. we believe american apparel will benefit from the leadership of its new ceo. coming up, we have more. we are talking beauty. ♪ >> live from bloomberg headquarters in new york, this is "market makers" with erik schatzker and stephanie ruhle. >> welcome back to "market makers." i am stephanie ruhle. my partner erik schatzker is out today, so i brought in a very special person, nouriel roubini, my guest host for the hour, professor from in my you, and he runs a new website you definitely want to check out, ro ubinisedge.com. scooping upve been art as they look for something for the altar of wealthy asset classes. let's face it. -- is it anind out actual g

darius charney, lead attorney for the lawsuit against new york city, says stop and frisks have destabilizing for people of minority communities. >> the message is you are viewed as a criminal by law enforcement. they view you as a criminal not by what you're doing but by who you are and how you look. >> stop and frisk practices constituted racial profiling and were unconstitutional. last summer after a nine week trial a federal judge agreed. >> when it happened it was sad, because this was something that everyone in our community knows but a judge has to say that it's unconstitutional for city to recognize it's unconstitutional. >> for new york mayor bill deblasio putting an end to stop and frisk was top on his priority. >> there will be no stop and frisk. >> we have come to a settlement. >> what is the settlement? >> what i said is, it's a simple idea, bul bratton says you can't break the law to enforce the law, simple as that. >> the heart of civil unrest across the country. when tensions boil over, grand juries decline to indict, in cases like erik garner. >> i can't breathe, i can't brea

lyon is a longtime supporter of american apparel foundere dov charney.ould like to buy the company after the board fired him this month. carl icahn owns a most 8% of this company and wanted to divide its grantmaking and food appliances units. activists and investors are also looking for a split. >> bloomberg television's "on the markets." mia saini has more on gold this morning. >> time for futures in focus. gold futures are rising this morning, adding for the second quarterly loss as the investment is less desirable for investors out there. turning to me with more on how gold is doing is the founder of average joe options. i want to start with you another tough year for gold. what's going on? >> how is the u.s. economy doing? we see gdp for the third quarter -- >> 5%! everyone was shocked, right? >> obviously, that is not good for gold. people buy gold as a hedge against inflation or as a safe haven. none of the above is looking good for the yellow metal. >> over the weekend we got news that perhaps the chinese government would step in and bolster the e

more than 30 executives reconsidering their decision to fire dov charney. >> ok.e after the break. talking about what is happening in greece today. we will be back in athens. we will see you in a moment. ♪ ♪ make the best entertainment part of your holidays. catch all the hottest handpicked titles on the winter watchlist, only with xfinity from comcast. >> welcome back to "the pulse." live from bloomberg's european headquarters in london. i am francine lacqua. >> i am guy johnson. >> in pakistan, the first funerals have been held for some of the 141 victims of a taliban attack on a school in peshawar. many dead or students. schoolsnally rival observed a moment of silence. >> the south china morning post reported china will crack down on money channeled through the city's casinos. acau's shares have fallen as xi jinping cracks down on spending by officials. garcia led a probe werehow russia and qatar chosen for fee for tournaments -- fifa tournaments. >> to the markets with jonathan ferro. session lows. a drop on the dax of 100 points and now down by .4 by 1.2.n, f

according to a person familiar with the matter, charney is working with a private equity firm to make a bid for american apparel. they fired him earlier this week over allegations of misconduct. instagram has purged millions of accounts believed to be posting spam. the problem -- stars who lost tons of followers. millionieber lost 3 1/2 followers on the proto-sharing app. rapper akon lost more than half of his followers. instagram tries to prevent users from buying followers to see more popular -- to seem more popular. we need to take a deep dive into the equity markets before we head into the weekend. the executive editor of bloomberg markets and the chief investment strategist at wells capital management, joining us now from -- what do you make of this rally? >> well, it's pretty strong. i will say that. i don't know if it's as much a rally as it is just volatility. we had three sort of somewhat significant selloffs now since the summer, when we first reached 2000. and every one of them have had these dramatic and very aggressive recoveries. i don't know if we are making a lot of pr

. >>> dov charney.e's been suspected of allegations for years. >>> new evidence highlights inconsistencies in police officers' accounts of what happened. elaine quijano joins us of the new details and why the victim's family thinks it was more than an accident. >> cell phone incident seemed to contradict a police account. grand jury called the like into his death chose not to indict the officers. now a new video is raising questions about what that grand jury did not see. on thanksgiving morning last year charles eimers drove into key west planning a dream retirement but not long after arriving he was pulled over by police for illegally changing lanes. for reason nos one knows, eimers fled. >> just ran a red light. >> running red lights as he drove through town. officers caught up with him on this peach. police say he ran and collapsed on the beach. his family took him off life support a week later but in may this video was released. he does not cleeps. he was surrounded by police. the family believes t