NYTimes Article: Labor Board Challenges Secrecy in Wall Street Contracts (Bridgewater Associates in particular)

By Mark P. Carey, P.C., www.capclaw.com, [email protected]

On October 17, 2016, the NYTimes reported the following story, reprinted below in its entirety.  As you know, I hate confidentiality, noncompetition and arbitration agreements that employers like Bridgewater Associates force employees to sign as a condition to obtain employment.  I have never met an employee/client who had the basic intention to enter into these types of agreements and for good reason.  Noncompetition agreements foster unreasonable restraints on an employee’s livelihood, with absolutely no benefit to the employee, but at great economic advantage to firms like Bridgewater. Noncompetition agreements used by Bridgewater and other employers curtail the free flow of human capital...