Market Extra: Bridgewater’s Ray Dalio rejects ‘sex, fear and video’ report as distortion

Ray Dalio, founder and chairman of Bridgewater Associates, has a set of some 200 principles that serve as his road map in running the world’s biggest hedge fund. This week, those principles have been brought into question like never before.

The New York Times on Tuesday published “At World’s Largest Hedge Fund, Sex, Fear and Video Surveillance” — an expose on Bridgewater that was centered around a complaint filed by employee Christopher Tarui in early 2016.

Dalio on Thursday responded with a scathing criticism of the New York Times, accusing the newspaper of twisting the facts in pursuit of sensationalism and characterizing its article as a “distortion.

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