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Search resuls for: "David Mccormick"


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David McCormick and the Search for a Republican Message
  + stars: | 2023-03-12 | by ( Barton Swaim | ) www.wsj.com   time to read: 1 min
PhiladelphiaVarious factions of the American right have in recent years become adept in the art of blaming each other for the Republican Party’s travails. Trump-influenced protectionists blame free-marketeers for selling out the working class to Chinese manufacturing. Pro-business establishmentarians fault the Trumpians for alienating suburban moderates. Libertarians and nationalists denounce “neocons” for entangling America in costly and futile wars.
The firm's CEO, Nir Bar Dea, said in a memo that it would lay off employees and restructure. Bar Dea had been a rising star at Bridgewater, which has transitioned leadership in recent years. Former co-CEO Mark Bertolini is also stepping out of the role and returning to Bridgewater's board as an independent director, leaving Bar Dea as sole CEO. "Over time, we expect this platform to produce the next round of growth in the business," Bar Dea wrote. 'Finding a home'As far as high finance executives go, Bar Dea has an unexpected background.
Karen Karniol-Tambour will join co-CIOs Greg Jensen and Bob Prince to oversee the hedge fund's investment strategy. Despite a breakout year for many multi-strategy and macro hedge funds, Bridgewater lagged behind its peers. Nir Bar Dea, co-CEOBar Dea. Bridgewater AssociatesAs cochief investment officer, Jensen oversees Bridgewater's investment strategies and research efforts as well as its investment talent. Since joining Bridgewater in 1986, he has been a partner in building the hedge fund's investment process and products.
Donald Trump Rallies for . . . Donald Trump
  + stars: | 2022-11-07 | by ( The Editorial Board | ) www.wsj.com   time to read: 1 min
In case you doubt it, Mr. Trump is already mocking his fellow Republicans and potential competitors before Tuesday’s midterm election. Mr. Trump held a rally Saturday in Latrobe, Pa., ostensibly to boost turnout for GOP Senate candidate Mehmet Oz and nominee for Governor, Doug Mastriano . Mr. Trump endorsed both men in the primaries, and Mr. Mastriano is trailing in the polls. Mr. Oz is in a tight race with Lt. Gov. There’s little doubt that David McCormick , who lost narrowly to Mr. Oz after Mr. Trump’s endorsement, would be winning handily against the far-left Mr. Fetterman.
Bridgewater AssociatesAs cochief investment officer, Jensen oversees Bridgewater's investment strategies and research efforts as well as its investment talent. Karen Karniol-Tambour, cochief investment officer for sustainabilityKaren Karniol-Tambour, Bridgewater's cochief investment officer for sustainability. Rebecca Patterson, chief investment strategistBridgewater's chief investment strategist, Rebecca Patterson. In 2012, she joined as the chief investment officer of Bessemer Trust, managing $85 billion in client assets. The partnership elected three directors to Bridgewater's operating board of directors, which now has control over Bridgewater after Dalio relinquished control of the hedge fund.
A Republican is going to win the Alaska Senate race, but that hasn’t stopped Mitch McConnell from plowing millions of dollars into the deep-red state. Herschel Walker, the Senate candidate in Georgia backed by both Trump and McConnell, also says he would back McConnell. Apart from Tshibaka, Senate Republican candidate Don Bolduc in New Hampshire has said he would vote against McConnell for leader. (The Republican senator who requested anonymity voiced surprise at McConnell’s prediction and thought it betrayed some nervousness on his part. Although he voted to acquit Trump, McConnell called him “practically and morally responsible” for the assault on the Capitol.
But because neither candidate won 50% of the vote, they face off again on Tuesday in a run-off election. Following Trump's endorsement, he surged in opinion polls and easily defeated former North Carolina Governor Pat McCrory in the May 17 primary. David Perdue* Went up against Georgia's incumbent Republican Governor Brian KempDespite Trump's endorsement, former U.S. Senator David Perdue did not come close to upsetting Georgia's incumbent Republican Governor Brian Kemp in the party's nomination contest. Kemp, who had angered Trump by dismissing the former president's false statements about election fraud in the 2020 presidential contest, won his re-election bid against Democrat Stacey Abrams.
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