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.”


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Chicago-based independent futures brokerage and clearing firm R.J. O’Brien & Associates (RJO) has hired industry veteran Daniel Staniford as Executive Director, responsible for the firm’s institutional business development in New York and London.

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