Hedgie Wins Key Endorsement In Congressional Race

Sep 7 2010 | 8:23am ET

Former hedge fund lawyer Reshma Saujani has won a boost in her battle to oust a veteran congresswoman.

Saujani, who worked for Fortress Investment Group before resigning to run for Congress, was endorsed in the Democratic primary for New York’s 14th Congressional District by the New York Daily News. The tabloid praised Saujani’s “vigor” and “impressively clear stands” and lauds her for “ruling out destructive demonization of Wall Street.”

Saujani is seeking to oust Rep. Carolyn Maloney, who has represented the 14th district—which covers Manhattan’s East Side and parts of Queens—for 18 years. And while Saujani failed to win the endorsement of The New York Times in next week’s primary—the Gray Lady stuck with Maloney—even that paper had kind words for her, calling Saujani “an impressive and energetic young lawyer.”


In Depth

Debunking Conventional Investment Wisdom

Feb 8 2017 | 3:22pm ET

Due diligence in the hedge fund world has long involved some combination of the...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

The Future of Private Equity: New Opportunities, New Challenges

Feb 3 2017 | 6:41pm ET

The private equity industry’s astonishing rebound since the financial crisis has...

 

From the current issue of