Jul
26
At World’s Largest Hedge Fund, Sex, Fear and Video Surveillance
ByRay Dalio, the billionaire founder of the world’s largest hedge fund, Bridgewater Associates, likes to say that one of his firm’s core operating principles is “radical transparency” when it comes to airing employee grievances and concerns.
But one employee said in a complaint earlier this year that the hedge fund was like a “cauldron of fear and intimidation.”
The employee’s complaint with the Connecticut Commission on Human Rights and Opportunities, which has not been previously reported, describes an atmosphere of constant surveillance by video and recordings of all meetings — and the presence of patrolling security guards — that silence employees who do not fit the Bridgewater mold…
