Opinion: Radical transparency for billionaires
JPMorgan Chase chief executive Jamie Dimon in Washington on Tuesday. By Helaine Olen Helaine Olen Opinion writer focusing on politics, economics and American life Bio Follow Opinion writer April 9 at 6:12 PM The United States needs some radical transparency. What’s that, you ask? Well, at Bridgewater Associates, the hedge fund founded by billionaire Ray Dalio, it’s the term for direct and constant comment of staff.
Actually, what Dimon describes sounds like our current system, which features corporate concentration, legalized political corruption via political donations, and scandals galore, like the parents who paid monster bribes so their children would be admitted to elite colleges. It’s all a bit much.
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