“No billionaire should have more say than my poorest constituent,” Murphy says.
Bridgewater Associates
Posted inEducation
CT and Dalio Philanthropies to formally dissolve education partnership on Friday
State officials and representatives of hedge fund billionaire Ray Dalio’s philanthropic arm will meet Friday to dissolve their education partnership.
Posted inMoney
The millionaire-with-a-suitcase: man or myth?
For nearly a decade, it has been the favorite argument of those opposed to higher state taxes for Connecticut’s wealthy — migration. Simply put, if you tax them, they will leave.
But is it true?
Posted inMoney
State offers reassurances over its aid to Bridgewater hedge fund
The state Department of Economic and Community Development responded with reassurances Thursday to a recent news report that a major Fairfield County hedge fund — to which Connecticut just pledged $52 million in economic assistance — is slowing its hiring.
Posted inMoney, Politics
CT expected to provide $22M to help major hedge fund expand
The State Bond Commission is expected to approve $22 million in financing Friday to help a major hedge fund expand operations in Westport, Wilton and Norwalk.
Posted inPolitics
Trump takes on key CT industry — hedge funds
WASHINGTON – GOP presidential hopeful Donald Trump has a new target for his ire — other super-rich guys, the nation’s hedge fund managers. “I know a lot of bad people in this country that are making a hell of a lot of money and not paying taxes,. The tax law is totally screwed up.” he said.
Posted inPolitics
CT donors more generous to GOP governors in 2014
Connecticut donors gave $800,000 to the Republican Governors Association in 2014, money the state GOP hopes will flow back to its campaign to unseat Gov. Dannel P. Malloy, a vulnerable first-term Democrat. Donors include an executive of a company promised $115 million in aid by Malloy.
Posted inEnergy & Environment
Critics say Bridgewater deal sidesteps state and local policies
Opposition to Gov. Dannel P. Malloy’s $115 million deal with Bridgewater Associates is growing, as observers charge that he is sidestepping state and local policies to move the country’s largest hedge fund from Westport to his hometown of Stamford.