Our friends at Bridgewater Associates have long loved Halloween and a good Halloween soiree. In addition to an annual party paid for by the firm, its staff is known to host bunches of get-togethers in the week leading up to the big night, where everyone gets into the spirit. It wasn’t until very recently, however, that they felt comfortable speaking frankly about candy corn and costumes with the outside world.
For example, one year, let’s call it 2008, a bunch of the ladies of Bridgewater dressed up as “Mortgage Ratings Gone Bad.” Everyone was represented: triple-A, double-D and so on and so forth. People were so excited about the costumes that an innocent photograph of the naughty ratings made their way to a site that chronicles Wall Street. Despite the fact that the picture appeared without naming the firm at which the girls worked, that it was snapped at one of the unofficial gatherings (i.e. not B-Water sanctioned), and that there was no negative commentary, this website’s approval of the general cleverness of the costumes was unappreciated by the firm.
How dare you show our employees dressed up for our most favorite holiday in the world, someone protested. That same someone spent the weekend threatening to sue if the photo was not removed, and once informed that they had no legal right to get it taken down, as there was no defamation but more importantly, they did not own the picture, demanded that the photographer turn over the rights so they could declare copyright infringement. It was upsetting, to say the least. But this story has a happy ending.
That anecdote illustrated Bridgewater’s old attitude about Halloween, for which they should not be faulted. They weren’t ready for non-Bridgewaters to know about their costumes and you can’t push people, like I did, until they’re ready. You have to let them come to things in their own time. Happily, they did just that. Bridgewater’s new attitude, of which we VERY much approve, is to speak openly and honestly about how much their Halloween parties kick ass. In fact, they’re now being used to attract new talent. Business Insider took a looksee at the company’s website and in a new section, several employees have offered testimonials re: how B-Water does H-Ween (among other things) right:
* Nick, on the “best” event at Bridgewater: “The Halloween party. Dressing up in the most offensive costume I could think of won me tickets to anywhere in North America.”
* Joe, on the “best” event at Bridgewater: “My favorite was the first Halloween party three months after I started working here. The costumes were outrageous. The competitive spirit really kicks in when it comes to dressing up. People are really creative every year, and winning a prize for dressing up as the Heisman Trophy a few years ago was a highlight of my Bridgewater experience.”
* Fred, on the “best” event at Bridgewater: “The parties at Bridgewater (holiday, Mardi Gras, summer picnic, and Halloween) are great because they are not stuffy corporate parties, but parties where letting loose is encouraged instead of discouraged.”
* Hassan, on the “best” event at Bridgewater: “The Halloween party, although I don’t remember all of it…”
It goes without saying that we love and support this new policy. Now that we’re all the same page, if anyone would like to share some visuals from this year’s fête, we would be happy to receive them.

Reading this, it seems Bridgewater employees are one pair of black Reeboks and a Hale Bopp comet away from immortality.
Ray insisted that the mortgage girls’ ratings be inversely related to bust size.
-Guy who was there (with the power of imagination)
They were Nikes…ass
those tits never get old.
this is why I love dealbreaker (and not shitty blogs that claim to be on the “inside” of things by reading a company’s website and who couldn’t do something subtley if their lives depended on it).
I had forgotten about that picture/post/the ensuing comments until just now. one of my all-time favorites.
could i please see all the non-investment grade tranches in my bedroom? thanks.
Rest assured, Bess, it’s all water under the bridge.
Sends in a resume.
Objective: to build a successful career in analyzing high yield fixed income products
*faints*
may you review our portfolio of junior and super senior notes?
- Beamers Cafe, Stamford, CT
“I even spent one night sleeping in a freezing cabin in the woods in a sleeping bag after Bob (co-CIO) convinced me and a few others to go on an adventure with him.”
I think the authorities call this “grooming.”
Oh really? Is this why you love dealbreaker? fucking piker. kill yourself.
yes, henry blodget, it is.
At Goldman they call it round 24.
Nicely done.
That section of the website isn’t new at all. It’s several years old, and it’s dwindled as people have quit or been fired.
Also, parties are much bigger now because the company has grown, but they’re not as fun. They sure aren’t as raucous as they used to be, and people don’t know each other. Not sure what Nick wore back then, but these days, “best costume” just goes to whoever dressed as an inside joke like “the broken fax machine at Nyala.”
Going to the 2010 Dec Holiday Party tonight.. Harbor Yard Arena with an A-Listed musical act. It is rumored to be Stones, Springstein, Gaga, Bon Jovi, or Bieber (I hope not!). The parties are amazing. As for the Hale Bop comment, When a person is not talented enough for BW, we hear dribble like that.