Hedge Funds

McCain's "straight talk" appeals to Dalio


Bridgewater Associates' Ray Dalio hosted a special event for Republican presidential hopeful John McCain in early April. Though McCain has described himself as "no expert on markets," that didn't stop the senior senator from addressing his views on that subject and others in front of some 350 employees and guests at the Bridgewater headquarters in Westport, Conn. Individuals at the hedge fund shop have contributed a combined $60,000 to McCain's campaign. Dalio, one of only three hedge-fund bundlers for McCain, was likely pleased that local protesters didn't target the Bridgewater event and instead tried to crash McCain's yacht