Ray Dalio, billionaire founder of the world’s largest hedge fund, Bridgewater Associates, claims that one of his firm’s core operating principles is “radical transparency, regarding employee grievances and concerns. However, according to Stevenson and Goldstein in this New York Times article, at least one Bridgewater employee sees the firm as a “cauldron of fear and intimidation.”
1. The employee mentioned in the article filed a complaint against Bridgewater. Who was it filed with?
2. Because secrecy at Bridgewater is so tight, what are employees in some units required to do each morning?
3. Who is James Comey and what is his connection to this story?
Stevenson, A. and M. Goldstein. At World’s Largest Hedge Fund, Sex, Fear and Video Surveillance. The New York Times, July 26, 2016 (Retrievable online at http://www.nytimes.com/2016/07/27/business/dealbook/bridgewater-associates-hedge-fund-culture-ray-dalio.html).