Connecticut taxpayers are providing $115 million in aid to the world’s largest hedge fund.
Ray Dalio, the company’s founder and CEO is the highest paid person in the country. (He made $3.9 billion in 2011 alone.)
The package is, “an incentive to stay and expand in the state.”
They build a $750 million headquarters in Stamford (they are now based in Westport)
They increase their workforce from 1,225 to 2,000 over the next decade.
Apparently it is a win, win situation.
According to an article in Slate.com, “without