Unable To Get Job At Hedge Fund, Woman Turns To Whips And Chains

Nov 22 2006 | 2:48pm ET

It sounds like the plot from a David Lynch movie, but it’s actually testimony from a courthouse in tony Westchester County, N.Y., and instead of an aspiring-actress-turned-prostitute on Mulholland Drive, it’s the story of an aspiring-hedge-fund-honcho-turned-dominatrix in Greenburgh. Hollywood isn’t the only place that wannabes resort to desperate measures when their dreams fail to materialize.

Testifying in the misconduct trial of Greenburgh Police Officer Erik Ward, Gina Pane says she agreed to satisfy Ward’s coprophilia (look it up if you want to know what it means) in exchange for his help in getting a marijuana possession charge dropped. The Journal News of White Plains reports that Ward claims he was simply trying to recruit Pane as an informant to catch drug dealers, and did not engage in any inappropriate sexual behavior in the rendezvous with Pane in a wooded area in hedge fund country, nearby Greenwich, Conn. The pair were caught on videotape in a parking lot prior to their trip to the woods.

Pane, who testified that she has a degree in economics from Manhattanville College, told the jury, “I 100% believed that if I did not do this, he would not help me with my case.”

Following her arrest on the drug charges and her filing a complaint against Ward in January, Pane said she quit the kinky dominatrix business, as the publicity and notoriety was hurting her chances of getting her dream job in the hedge fund industry. She currently works as a receptionist for a financial firm.

If Ward is convicted, he could be fired.


In Depth

Whisky Business: The Ultimate Liquid Alternative Investment

Sep 15 2014 | 7:02am ET

David Robertson knows his single-malt whisky—he was the Master Distiller at the...

Lifestyle

Hedgies Rock Out For Children's Charity

Sep 15 2014 | 8:40am ET

It's that time of year again—when hedgies trade in their spreadsheets for guitars...

Guest Contributor

Volkered: How Financial Sector Reforms are Creating Opportunities for Hedge Funds

Sep 16 2014 | 11:28am ET

New regulations have dramatically curtailed proprietary trading activity in investment...

 

Editor's Note

    Get A Sneak Peak Of The Alpha Pages

    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…

 

Futures Magazine

September 2014 Cover

The London Whale: Rogue risk management

Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.