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.
“No billionaire should have more say than my poorest constituent,” Murphy says.
One order suspended fingerprinting for gun permits and another restricted hospital visitation for families and friends of people with disabilities.
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.
Gov. Ned Lamont said he and the Dalios agreed to dissolve the education partnership because of a “breach of trust.”
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.
A plan to exclude lawmakers from the executive committee would weaken oversight of the public-private partnership.
The Dalio Foundation’s $100 million donation to Connecticut’s schools is being hailed as good news, but also opens a host of policy questions on how and where the money should be spent.