Hedge Fund Vet, Former Madam Could Run For N.Y. Mayor

Mar 28 2011 | 1:21am ET

With disgraced former New York Gov. Eliot Spitzer reportedly mulling a bid to succeed Michael Bloomberg as New York City's mayor, hedge-fund-executive-turned-prostitution-maven Kristin Davis is doing the same.

Davis, who claims Spitzer as a former client of her escort service, is considering a follow-up to her quixotic run for Spitzer's old job as governor last year. She received just over 20,000 votes, coming in dead last in a seven-way race won in a landslide by former New York Attorney General Andrew Cuomo.

"If Spitzer throws his black socks in the ring, I may have to throw in my lacy brassiere," Davis, a former vice president at Brookhaven Capital Management, said.

Spitzer, who is currently serving as an anchor on CNN, is reportedly eager to return to elective politics, despite the prostitution scandal that forced him to resign as governor in 2008. Spitzer himself has said nothing publicly.

The Big Apple will—barring another change in its term limits law—elect a successor to Bloomberg in 2013.


In Depth

'Smart Beta' Funds In Regulators' Sights, Hedgies May Be Next

Mar 26 2015 | 11:11am ET

Funds that mimic strategies used by active managers for a fraction of the cost could...

Lifestyle

Study: Both Marriage and Divorce Lead to Negative Hedge Fund Performance

Mar 25 2015 | 6:51pm ET

Trouble at home leads to trouble in the market for fund managers, according to researchers...

Guest Contributor

Concerned About Your HFT Exposure? Hedge It!

Mar 26 2015 | 1:06pm ET

High-frequency trading has been a persistent storyline for several years. The trading...

 

Sponsored Content

    Mar 9 2015 | 6:35am ET

    Kelly RodriquesKelly RodriquesAs more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…

Editor's Note