The state’s legal exposure from its aborted education partnership with hedge fund billionaire Ray Dalio is far from over.
Ray Dalio
Posted inEducation
Embattled head of former Dalio partnership puts CT on notice of plans to sue
The former CEO of Connecticut’s disbanded education partnership plans to sue for breach of contract and defamation of character.
Posted inEducation
Murphy says Dalio partnership showed the risk of trading influence for philanthropy
“No billionaire should have more say than my poorest constituent,” Murphy says.
Posted inNews
Federal decisions unravel parts of two COVID-19 executive branch orders
One order suspended fingerprinting for gun permits and another restricted hospital visitation for families and friends of people with disabilities.
Posted inEducation
Public-private education partnership dissolved despite objections from its embattled CEO
The board’s vote closed the book on a venture marked by its controversial exemption from state disclosure and ethics rules.
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 inEducation
Education partnership CEO could receive $120K in severance, but musn’t criticize the group
The CEO of Connecticut’s education partnership will be paid more than $120,000 in severance if fired, provided she remains silent.
Posted inEducation
Lamont announces end to CT’s education partnership with Dalio Philanthropies
Gov. Ned Lamont said he and the Dalios agreed to dissolve the education partnership because of a “breach of trust.”
Posted inEducation, Money, Politics
Salary battle prompts new questions about privacy rules for education partnership
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.
Posted inEducation
Lawmakers balk at being excluded from decision making in education partnership
A plan to exclude lawmakers from the executive committee would weaken oversight of the public-private partnership.
Posted inEducation
After the donation, the $100 million question
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.