Run Forest, Run!

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The US Securities and Exchange Commission on Wednesday accused Arthur Nadel, a missing Florida-based hedge fund manager, of falsely overstating by about $300m the value of investments in six funds he advised.
The actual value of the hedge funds' assets is only about $506,000, according to the SEC's complaint, which was filed in a Florida district court on Wednesday. Mr Nadel also recently transferred $1.25m from two of the hedge funds to a secret bank account, the SEC alleged.


Eliot Spitzer's Liason To The Hooker World Announces Plan To Run For Mayor Of New York

Earlier this month, the Times reported that Mayor Bloomberg and his advisers had been "floating the possibility of mayoral runs to at least five boldface figures," including Chuck Schumer, Mort Zuckerman, Ed Rendell, Edward Skyler, and Hillary Clinton. Strangely left off the list? A woman who some might say is actually Hizzoner's most worthy successor and who conveniently announced her intent to run today: Kristin Davis, the woman who once supplied Eliot Spitzer with hot young tail.