Editor's Note

Tall Tales Of Hot ‘Hedge Fund’ Managers

Oct 6 2011 | 1:04pm ET by Deirdre Brennan

Can someone tell me why the occupation of "hedge fund manager" seems to be so popular among  former strippers, madams and social climbing spies?

Just today we have stripper-turned-hedge-fund-manager Niki Marx suing her former employer for harassment.

Then there was Elliot Spitzer’s favorite madam, hedge-fund-executive-turned-prostitution-maven Kristin Davis.

And remember the deported Russian spy, Anna Chapman? She was a former personal assistant to a London-based hedge fund manager...ok, not exactly a manager, but when arrested she said she had been in the hedge fund industry. 

Alas, it’s a free country, so these gals may call themselves 'hedge fund managers' or 'hedge fund professionals' or whatever they like. Oh, and should you be thinking of investing with the latest hedge fund hottie who claims that Marx NY Capital is up 160% year-to-date, note that on a recent Facebook post Miss Marx mentioned that she may need some illegal substances to ease the stress of the turbulent markets. As my colleague Jon said to me, ‘she should put that in her marketing documents.’

Screenshot of Niki Marx's Facebook Page (10/06/11)


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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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