Over the past year, Ray Dalio, the founder of Bridgewater Associates, has aggressively defended the hedge fund’s culture after critical reports in the media. If it were indeed a serious matter we would not have kept Eileen in her role at Bridgewater. The nanagement committee later apologized to Eileen for the situation and we are grateful that she accepted. The way The New York Times is reporting the situation is both damaging to Eileen’s character and a misrepresentation of what happened. What you must be referring to is the Client Service Department holding a “Quality Day” to examine all aspects of quality.

Source: New York Times March 06, 2017 01:30 UTC