Thursday, April 23, 2026
  • Contact Us
  • Advertise
  • Privacy Policy
  • Terms of Use
  • Members
  • Sign in
  • Login
Westfair Communications
  • HOME
    • WESTCHESTER
    • FAIRFIELD
  • E-EDITIONS
    • Business Journal
    • 250 Years of Business & Commerce in America
    • Podcasts
  • MEMBERS
  • BUSINESS LISTS
  • INDUSTRIES
    • Economic Development
    • Real Estate
    • Hudson Valley
    • Courts
    • Banking & Finance
    • Construction
    • Economy
    • Education
    • Health Care
    • Food & Beverage
    • Government
    • Mergers & Acquisitions
    • Nonprofits
    • Retail
    • Technology
    • Home & Design
    • Health & Fitness
    • Travel
    • Lifestyle
  • SMALL BUSINESS
    • Small Business
    • Food & Restaurants
  • EVENTS
    • 2026 40 Under Forty
    • 2026 Doctors of Distinction
    • 2026 C-Suite Awards
    • 2026 Women Innovators
    • 2026 Millennial & Gen Z
    • 2026 Hispanic Innovators
    • Events Calendar
    • Past Events
      • 2026
        • 2026 Real Estate
        • 2026 Women in Power
      • 2025
        • 2025 Hispanic Innovators
        • 2025 Doctors of Distinction
        • 2025 C-Suite Awards
        • 2025 Women Innovators
        • 2025 40 Under Forty
        • 2025 Millennial & Gen Z
        • 2025 Real Estate
      • 2024
        • 2024 Doctors of Distinction
        • 2024 Women Innovators
        • 2024 40 Under 40
        • 2024 Real Estate
        • 2024 Women In Power
      • 2023
        • 2023 Women In Power
        • Milli + Genz
        • Women Innovators
        • Forty Under 40
        • Doctors of Distinction
        • Real Estate
      • 2022
        • 2022 Millennial + GenZ Awards
        • 2022 C-Suite Awards
        • 2022 Doctors of Distinction
        • 2022 THE FUTURE OF REAL ESTATE
        • 2022 FORTY UNDER 40
      • 2021
        • 2021 FORTY UNDER 40 VIRTUAL EVENT
        • 2021 TOP WEALTH ADVISORS Virtual Event
        • 2021 Milli + GenZ Awards
        • 2021 C-SUITE
        • 2021 DOCTORS OF DISTINCTION
  • GOOD THINGS
  • VIDEOS
    • Our Starting Lineup
    • News Videos
  • PARTNERS
  • ADVERTISE
  • SUBSCRIBEACT NOW
    • NEWSLETTERS
    • DIGITAL ACCESS
No Result
View All Result
  • HOME
    • WESTCHESTER
    • FAIRFIELD
  • E-EDITIONS
    • Business Journal
    • 250 Years of Business & Commerce in America
    • Podcasts
  • MEMBERS
  • BUSINESS LISTS
  • INDUSTRIES
    • Economic Development
    • Real Estate
    • Hudson Valley
    • Courts
    • Banking & Finance
    • Construction
    • Economy
    • Education
    • Health Care
    • Food & Beverage
    • Government
    • Mergers & Acquisitions
    • Nonprofits
    • Retail
    • Technology
    • Home & Design
    • Health & Fitness
    • Travel
    • Lifestyle
  • SMALL BUSINESS
    • Small Business
    • Food & Restaurants
  • EVENTS
    • 2026 40 Under Forty
    • 2026 Doctors of Distinction
    • 2026 C-Suite Awards
    • 2026 Women Innovators
    • 2026 Millennial & Gen Z
    • 2026 Hispanic Innovators
    • Events Calendar
    • Past Events
      • 2026
        • 2026 Real Estate
        • 2026 Women in Power
      • 2025
        • 2025 Hispanic Innovators
        • 2025 Doctors of Distinction
        • 2025 C-Suite Awards
        • 2025 Women Innovators
        • 2025 40 Under Forty
        • 2025 Millennial & Gen Z
        • 2025 Real Estate
      • 2024
        • 2024 Doctors of Distinction
        • 2024 Women Innovators
        • 2024 40 Under 40
        • 2024 Real Estate
        • 2024 Women In Power
      • 2023
        • 2023 Women In Power
        • Milli + Genz
        • Women Innovators
        • Forty Under 40
        • Doctors of Distinction
        • Real Estate
      • 2022
        • 2022 Millennial + GenZ Awards
        • 2022 C-Suite Awards
        • 2022 Doctors of Distinction
        • 2022 THE FUTURE OF REAL ESTATE
        • 2022 FORTY UNDER 40
      • 2021
        • 2021 FORTY UNDER 40 VIRTUAL EVENT
        • 2021 TOP WEALTH ADVISORS Virtual Event
        • 2021 Milli + GenZ Awards
        • 2021 C-SUITE
        • 2021 DOCTORS OF DISTINCTION
  • GOOD THINGS
  • VIDEOS
    • Our Starting Lineup
    • News Videos
  • PARTNERS
  • ADVERTISE
  • SUBSCRIBEACT NOW
    • NEWSLETTERS
    • DIGITAL ACCESS
No Result
View All Result
Westfair Communications
No Result
View All Result
Home Fairfield

Dalios’ partnership with state dissolved over ‘political fighting’

Kevin Zimmerman by Kevin Zimmerman
May 20, 2020
0
Share on LinkedInShare on FacebookShare on Twitter

The Partnership for Connecticut, the multimillion-dollar private-public initiative between the state and Ray and Barbara Dalio, has been disbanded in the midst of questions over its transparency and what Barbara Dalio called “political fighting.”

Ray Dalio Connecticut education
Barbara and Ray Dalio

Among the issues behind the Dalios”™ exit were allegations by Mary Anne Schmitt-Carey, who was hired as the group”™s president and CEO on March 23, that she had been the target of “false and defamatory allegations” on May 4. She has been on paid leave since May 7.

There have also been questions about transparency; the nonprofit organization was formed last year by legislation that made its operations exempt from the Connecticut Freedom of Information Act.

The partnership called for the state and the Dalios to each contribute $20 million a year for five years; each have contributed their initial $20 million. Those funds were earmarked for Connecticut”™s lowest-performing school districts. To date, about $25 million has been spent on laptops for students, with about $14 million of the state”™s contribution now being returned to the government.

“Boards that are designed to accomplish significant goals must have a foundation of trust,” Gov. Ned Lamont said in a statement. “It has been made clear since the inception of this partnership that breaches of trust were part of the norm. The Dalios have lost confidence in this board structure, and I totally understand why, and together we have decided to dissolve the partnership.”

“We”™ve tried hard over the past 15 months to make this unique model work,” Barbara Dalio said in the same statement, “but it has become clear that it”™s not working because of political fighting. I am not a politician and I never signed up to become one. I only want to help people. Through this experience I”™ve learned about our broken political system and I don”™t see a path through it to help people.”

She also blamed a pair of high-profile Republicans for the group”™s dissolution.

“Our dream of working together in a bipartisan way to help the disengaged and disconnected youth of Connecticut came to an end because politicians like the two leading Republicans of the House, Rep. (Themis) Klarides and Rep. (Vincent) Candelora, want to fight in the media rather than debate issues and resolve them with other board members,” Dalio wrote. “They sought to sabotage the partnership. It can”™t go on like this, so I suppose they ”˜won.”™ That is tragic because the other board members wanted the partnership to succeed.”

In his own statement, Candelora, deputy minority leader representing North Branford, said: “The partnership, well-intentioned as it was, came into existence under a cloud ”“ no public hearing and the ability to conduct its business behind closed doors. It became the brightest example of state government”™s growing disconnect with the people it serves, and like the push for tolls before it, this development should be a flashing signal to the governor that an overall change of approach is desperately needed as he takes on his biggest and most important policy endeavor yet ”“ the process of reopening our state.”

House Minority Leader Klarides of Derby and Senate President Pro Tem Martin Looney (D-New Haven) both expressed discontent with the organization”™s Freedom of Information exemptions and with the still-unexplained treatment of Schmitt-Carey.

This page is available to subscribers. Click here to sign in or get access.

Previous Post

12-unit luxury residential development for sale in Westport

Next Post

Former NCAA basketball star, radio exec Bob McCurdy files malpractice suit against Norwalk Hospital

Related Posts

Walmart plans to remodel 10 stores in Connecticut this year
Business

Walmart plans to remodel 10 stores in Connecticut this year

April 23, 2026
Former Fairfield Police Chief MacNamara named community & government relations head at SHU
Business Journals

Former Fairfield Police Chief MacNamara named community & government relations head at SHU

April 23, 2026
Greenwich investment group operator pleads guilty to $3.45M fraud, money laundering charges
Courts

Owner of Southington manufacturer, accomplice indicted on tax fraud

April 23, 2026
Next Post
Lumendi receives ISO certification

Former NCAA basketball star, radio exec Bob McCurdy files malpractice suit against Norwalk Hospital

Subscribe to our newsletter

Lifestyle

  • Exclusives
  • Good Things Happening
  • Food & Restaurants
  • Travel
  • Health & Fitness
  • Home & Design

World News

U.S. and world news for Dec. 4
World News

U.S. and world news for April 23

by Peter Katz
April 23, 2026
0

Trump calls for more military action in Strait of Hormuz Donald Trump in a social media post today called for...

CNN WIRE — U.S. Navy Secretary Phelan ousted as naval blockade of Iran continues

CNN WIRE — U.S. Navy Secretary Phelan ousted as naval blockade of Iran continues

April 22, 2026
Poll shows Latimer leading Bowman by 17 points

U.S. and world news for April 22

April 22, 2026
CNN WIRE — Florida Democrat resigns from Congress: VIDEO

CNN WIRE — Florida Democrat resigns from Congress: VIDEO

April 21, 2026
U.S. and world news for April 21

U.S. and world news for April 21

April 21, 2026
Rockland caps sales tax on gasoline as prices go up

CNN WIRE — Trump’s team inconsistent on status of gas prices: VIDEO

April 20, 2026
No Result
View All Result

Latest News

Walmart plans to remodel 10 stores in Connecticut this year
Business

Walmart plans to remodel 10 stores in Connecticut this year

by Gary Larkin
April 23, 2026
0

A new pharmacy experience is among the many upgrades planned for Walmart stores in Connecticut, including the...

Former Fairfield Police Chief MacNamara named community & government relations head at SHU

Former Fairfield Police Chief MacNamara named community & government relations head at SHU

April 23, 2026
Greenwich investment group operator pleads guilty to $3.45M fraud, money laundering charges

Owner of Southington manufacturer, accomplice indicted on tax fraud

April 23, 2026
Wawayanda ZBA files decision rejecting $600M Amazon warehouse project

Amazon touts its economic impact on New York

April 23, 2026
‘Jane Doe’ seeks $13M from Dutchess monastery insurers

‘Jane Doe’ seeks $13M from Dutchess monastery insurers

April 23, 2026
Logo Westfair Business Journal

Latest News

Walmart plans to remodel 10 stores in Connecticut this year

Former Fairfield Police Chief MacNamara named community & government relations head at SHU

Owner of Southington manufacturer, accomplice indicted on tax fraud

  • About Us
  • Contact Us
  • Advertise
  • Privacy Policy
  • Terms of Use
  • Sign in

Trending Westchester

Subscribe to our newsletter

© 2024 Westfair Business Publications. All rights reserved. Westfair Communications (Westfair), a privately held publishing firm based in Mount Kisco, N.Y., publishes the Westchester County Business Journal in New York state and the Fairfield County Business Journal in Connecticut.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • HOME
    • WESTCHESTER
    • FAIRFIELD
  • E-EDITIONS
    • Business Journal
    • 250 Years of Business & Commerce in America
    • Podcasts
  • MEMBERS
  • BUSINESS LISTS
  • INDUSTRIES
    • Economic Development
    • Real Estate
    • Hudson Valley
    • Courts
    • Banking & Finance
    • Construction
    • Economy
    • Education
    • Health Care
    • Food & Beverage
    • Government
    • Mergers & Acquisitions
    • Nonprofits
    • Retail
    • Technology
    • Home & Design
    • Health & Fitness
    • Travel
    • Lifestyle
  • SMALL BUSINESS
    • Small Business
    • Food & Restaurants
  • EVENTS
    • 2026 40 Under Forty
    • 2026 Doctors of Distinction
    • 2026 C-Suite Awards
    • 2026 Women Innovators
    • 2026 Millennial & Gen Z
    • 2026 Hispanic Innovators
    • Events Calendar
    • Past Events
      • 2026
      • 2025
      • 2024
      • 2023
      • 2022
      • 2021
  • GOOD THINGS
  • VIDEOS
    • Our Starting Lineup
    • News Videos
  • PARTNERS
  • ADVERTISE
  • SUBSCRIBE
    • NEWSLETTERS
    • DIGITAL ACCESS

© 2024 Westfair Business Publications. All rights reserved. Westfair Communications (Westfair), a privately held publishing firm based in Mount Kisco, N.Y., publishes the Westchester County Business Journal in New York state and the Fairfield County Business Journal in Connecticut.