Ex-Hedge Fund Lawyer Crushed In N.Y. Congressional Primary

Sep 15 2010 | 2:46am ET

Despite a well-funded and highly-publicized campaign, former hedge fund lawyer Reshma Saujani was trounced in yesterday’s Democratic primary for Congress.

Saujani, who worked at Fortress Investment Group before resigning to run in New York’s 14th Congressional District, received just 19% of the vote. Rep. Carolyn Maloney, who has represented the district, which includes Manhattan’s Upper East Side and parts of Queens, for nearly two decades, coasted with 81% of the vote.

Saujani has pledged to run again in the next election cycle.


In Depth

Q&A: Reg A+ Will Transform the Alternative Asset Landscape

Jul 7 2015 | 4:03pm ET

In addition to easing capital formation for small companies, Regulation A+ has enormous...

Lifestyle

Fiat Chrysler Files Paperwork For Ferrari IPO

Jul 23 2015 | 5:05pm ET

Italian sportscar maker Ferrari has taken a step closer to a stock market listing...

Guest Contributor

Lifting of Foreign Ownership Limits Signals Sea Change in Vietnam's Capital Markets

Jul 28 2015 | 3:01pm ET

The lifting of restrictions on foreign ownership limits in Vietnam later this year...

 

Editor's Note