Fred Carstensen


OP-ED | Big Ideas Are Needed to Grow the Economy and Solve the Budget Mess

CT News Junkie – The recent economic news in Connecticut is Dickensian.

On the one hand, it’s the best of times: “The formal opening [on June 2] of the $60 million refurbished United Technologies Corp. research center handed Gov. Dannel P. Malloy a much-needed opportunity to celebrate some good news.”

On the other hand, it’s the worst of times: “An Aetna spokesman said [on May 31] the company is in ‘negotiations with several states regarding a headquarters relocation with the goal of broadening our access to innovation and the talent that will fill knowledge economy-type positions.'”





Malloy Defends $35 Million to Hedge Fund as Investment

The CT Mirror– AQR Capital Management of Greenwich not only oversees one of the world’s largest hedge funds, but it is known as an industry leader in using computers and algorithmic models to plot trades. The administration of Gov. Dannel P. Malloy sees AQR as a good investment for the state, even if it acknowledges state aid for a hedge fund manager never will be good politics.






MGM Springfield Could Be ‘Devastating Blow’ to Conn. Gaming, Tribal Leaders Say at Hearing

MassLive – MGM Resorts International and Connecticut’s two tribal casino operators delivered opposing arguments before Connecticut lawmakers Thursday, as the legislature’s Commerce Committee considers whether to require additional study before allowing construction of the state’s third casino.