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President Obama Nominates Ex-Bridgewater Employee to Head FBI

Jun 23, 2013
Jing Chen

President Barack Obama has nominated a former Bridgewater Associates employee to head the Federal Bureau of Investigation.

President Obama announced on Friday that former Bridgewater general counsel James Comey will replace Robert Mueller III, who retired after more than a decade on the post.

Comey, who left Bridgewater earlier this year and joined HSBC Holdings’ board in March, was formerly Lockheed Martin’s general counsel and No. 2 in the Bush administration’s Justice Department.

Comey is best known for his objection to an eavesdropping program by the government in 2004.

Founded by Ray Dalio, Bridgewater Associates is the world’s largest hedge fund with $144 billion in assets.

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eVestment’s 2015 Hedge Fund Industry Outlook

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