After Taking $1.4 Billion Compensation In Down Year, Dalio’s Bridgewater Receives Government Assistance

Bridgewater Associates, the world’s largest and arguably most financially successful hedge fund in history, is currently in negotiation with one of the most indebted states in the nation, Connecticut, to receive a $22 million assistance package. Bridgewater using leverage to obtain public assistance comes as fund founder Ray Dalio was reported to have raked in $1.4 billion in 2015, a year in which the reputed "noncorrelated" hedge fund correlated to the downside relative to the stock market.

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Connecticut Bond Commission floats assistance towards big bond buyer

The Connecticut Bond Commission, which floats bond offerings to hedge funds such as Bridgewater, is reportedly offering the tidy sum so that the nearly $169 billion hedge...