Bridgewater Associates LP lost an arbitration dispute it had brought against two former investment employees who started their own hedge fund, a rare setback for Bridgewater that could hamper its ability to limit former employees’ options after they leave the firm.
The world’s largest hedge fund, with $140 billion in assets, Bridgewater is run by billionaire Ray Dalio. Mr. Dalio has gained widespread recognition beyond the hedge-fund world in advocating for what is known as radical transparency in managing companies.
World Largest Hedge Funds are the FED and ECB, not BW.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bridgewater Associates found to have 'manufactured' false evidence against ex-employeesHedge fund Bridgewater Associates was found by a panel of arbitrators to have 'manufactured false evidence' in a case in which the company attempted to prove that its former employees had stolen trade secrets. Arrest the bastards and lock them all up shocker 🙄 Not Management can never be trusted because they will always place their interests above all others.
Source: Reuters - 🏆 2. / 97 Read more »
Hedge fund Chatham's bid wins auction for Miami Herald publisher McClatchyHedge fund Chatham Asset Management's bid succeeded in a court-supervised auction for bankrupt news publisher McClatchy Co , the news company said on Sunday. Is that bad, good, or otherwise? The Miami Herald sucks…they hire Cuban communist…just like Reuters…you guy compete to see who is the biggest POS 😜 ghislainemaxwell
Source: Reuters - 🏆 2. / 97 Read more »
Newspaper chain McClatchy announces Chatham Asset Management is successful bidder in bankruptcy auctionNewspaper chain McClatchy, owner of the Miami Herald and Kansas City Star, is closer to transferring ownership to hedge fund Chatham Asset Management. Oh wow.
Source: USATODAY - 🏆 100. / 63 Read more »
Chatham announces plan to buy newspaper publisher McClatchyThe hedge fund said it planned to buy newspaper publisher McClatchy out of bankruptcy, ending 163 years of family control. So who owns this shitty paper ? RIP Miami Herald and Charlotte Observer. Yeah, that's what you want, a hedge fund to buy a once-great newspaper chain and suck the last penny out of it by selling off assets.
Source: latimes - 🏆 11. / 82 Read more »
Yelp will bring back most of its 1,100 furloughed employees next monthYelp in April laid off 1,000 employees and furloughed roughly 1,100 more, as the coronavirus pandemic dramatically decreased consumer interest in going out due to social distancing mandates. “Restaurant extortionists YELP go back to work to further punish failing restaurants.” -fixed it
Source: CNBC - 🏆 12. / 72 Read more »
After 3.2M Confirmed COVID-19 Cases And 135K Deaths, Trump Finally Wears A Mask In PublicHe claims he's 'never been against masks.' Now THERE’S the kind of headlines we need. Don’t get use to it... Leadership is not his forte.
Source: ScaryMommy - 🏆 116. / 63 Read more »