UPDATE 1-Connecticut lines up $22 mln grant for mega hedge fund Bridgewater
May 25, 2016 at 13:11 PM EDT
NEW YORK, May 25 (Reuters) - Connecticut is set to approve a $22 million grant to Bridgewater Associates, one of the world's largest hedge funds, a move that is drawing fire shortly after the state passed austerity measures that slashed spending, laid off workers and froze pay.