The state’s legal exposure from its aborted education partnership with hedge fund billionaire Ray Dalio is far from over.
The former CEO of Connecticut’s disbanded education partnership plans to sue for breach of contract and defamation of character.
The board’s vote closed the book on a venture marked by its controversial exemption from state disclosure and ethics rules.
State officials and representatives of hedge fund billionaire Ray Dalio’s philanthropic arm will meet Friday to dissolve their education partnership.
The CEO of Connecticut’s education partnership will be paid more than $120,000 in severance if fired, provided she remains silent.
While Gov. Ned Lamont is determined to partner with the private sector, Democratic lawmakers are wary of easing transparency rules.
Gov. Ned Lamont said he and the Dalios agreed to dissolve the education partnership because of a “breach of trust.”
Partnership for Connecticut is giving laptops to 60,551 high school students in the state’s lowest-performing districts while schools are closed.
A PR-firm hired by Dalio Philanthropies to speak for Connecticut’s public-private education partnership prompted new complaints about the lack of transparency.
For the second time in two years, Lamont wants to keep state’s $20 million contribution outside the spending cap.
A plan to pay the head of CT’s new education partnership more than $300,000 has prompted renewed questions about the program’s exemption from FOI laws.
The group released a Request for Information Friday to learn more about programs that already exist in the community and needs that are not being met.
That’s a contrast to the first meeting, which was conducted mostly behind closed doors. The partnership has been criticized for a lack of transparency because it originally planned to hold all its meetings privately.
State officials are divided on how to win public trust in a partnership to aid struggling students that is exempt from FOI laws.
After enduring months of questions about transparency, the public-private partnership assisting struggling Connecticut schools held two-thirds of its inaugural meeting in New Haven behind closed doors.