Tuesday, 23 September 2014
Last updated 4 hours ago
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.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitich, CIO of Petty Endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.