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In the United States, karen millen dress the State of Connecticut with a hedge fund to finance its head


One lend to the rich. Karen Millen Dresses One of the largest hedge funds in the world, Bridgewater Associates, is building himself a seat for $ 750 million, partly funded through state aid, in Stamford, Connecticut (north of New York), http://www.karenmillenstoreuk.com according a statement from Democratic Governor Dannel Malloy dated Wednesday, August 15. Connecticut gave Bridgewater a loan of 25 million to an interest rate of 1% to help fund two buildings totaling nearly 70,000 square meters. It will also not less than $ 5 million for vocational training, 5 for other alternative energy systems and $ 80 million in tax credits. The company, which manages $ 130 billion in assets, Karen Millen granted in 2011 to its founding president, Raymond Dalio, nearly $ 4 billion, the largest salary in the industry. She is currently five buildings in the neighborhood, in Westport. The new headquarters is expected to Siter on the Stamford waterfront. The Bridgewater project should be completed in 2017. But the loan matures, Karen Millen Outlet it is not guaranteed for the taxpayer. Indeed, the loan is optional, karen millen dress in part or in full, if certain conditions such as maintaining current employment and the creation of new positions are filled, according to James Watson, spokesman for the governor. The term used is forgivable loan, in French a forgivable loan. FINANCIAL ENGINEERING The statement said, Bridgewater is committed to creating mile high-level jobs in ten years. But if Bridgewater is one of eight companies, with Deloitte and NBC Sports Group, who take advantage of this generous development program, it attracts more especially prodigality the Governor prom dresses that it affects the financial sector. Indeed, the city has no shortage of resources in financial engineering. Stamford, where Malloy was mayor (fourteen years) before becoming governor, already houses the hedge fund SAC Capital Advisors, run by billionaire Steven Cohen. And the governor has not hesitated in the past to take measures to maintain employment in the finance sector. In August 2011, he announced a five-year agreement with UBS to keep at least 2,000 of the 3,500 employees of Stamford. In exchange, the Swiss bank received a forgivable loan of $ 20 million. Connecticut, which is the richest U.S. state, karen millen is a mecca for hedge funds, and Stamford is often called city of new rich. But if the region is richer, it also accuses of inequalities with heavy cities like Bridgeport-Stamford-Norwalk, where the gap between rich and poor in 2010 was one of the largest in the country. As for the state itself, if it were a country, Connecticut come out top of the most unequal countries in terms of income, ranking just below Rwanda, at the eleventh position.