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Tuesday, July 26, 2016

NYT: ‘Sex, Fear and Video Surveillance’ at Bridgewater

Westport’s Bridgewater Associates is like a “cauldron of fear and intimidation,” according to an employee of the world’s largest hedge fund quoted by The New York Times.

In a front page story in Wednesday’s edition available online tonight, the newspaper said it had obtained through Freedom of Information requests a 34-year-old employee’s complaint made to the Connecticut Commission on Human Rights and Opportunities, which it said has not been previously reported.

The complaint describes “an atmosphere of constant surveillance by video and recordings of all meetings — and the presence of patrolling security guards — that silence employees who do not fit the Bridgewater mold,” the Times said.

The employee contends that his male supervisor sexually harassed him for about a year by propositioning him for sex and talking about sex during work trips, according to the report.

After he complained last fall,  the employee said, several Bridgewater top managers confronted him and sought to pressure him to rescind his claims, the Times said.

It reported that the employee said one manager accused him of lying and said that he was “blowing this whole thing out of proportion.”

These and other allegations in the complaint could not be independently verified, the Times said.

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Posted 07/26/16 at 11:23 PM  Permalink



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