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Spitzer's 'Madam': I'm Running Against You, Eliot

Eliot Spitzer and ex-madam Kristin Davis.
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Eliot Spitzer and ex-madam Kristin Davis.

Only in New York, kids...

Former New York Gov. Eliot Spitzer may think the past is (mostly) in the past as he makes another run for public office, this time for New York City Comptroller. Hey, if Anthony Weiner can do it...

Kristin Davis disagrees. Not the actress, the madam. Davis claims she supplied Spitzer with call girls in a scandal that forced him to resign in 2008 and sent her to prison. Davis has now launched her own campaign for Comptroller, hoping the year she spent at Rikers for promoting prostitution won't turn off voters.

Most New Yorkers already figure politicians are crooks who sell themselves.

"I look forward to the debates where I have many questions for Eliot Spitzer," Davis said in a press release. Why should she be elected to run city finances? Davis says she spent 10 years as senior vice president "of a multi-billion dollar hedge fund." That experience gives her "the financial management and expertise to be an effective fiscal watchdog for New York taxpayers."

Where did she work? The only article I could find which named firms is a 2010 Institutional Investor's Alpha story chronicling Davis' rise from a now-defunct California hedge fund called Brookhaven Capital Management, to Conifer Securities, to Hemisphere Management.

Davis is running as a Libertarian, and she tells the Daily News, "This is going to be the funnest campaign ever...I've been waiting for my day to face him for five years."

While in prison she lost everything. "I came out penniless, and nothing happened to him. The hypocrisy there is huge."

Davis has already set up a website—complete with sexy photos—and she's filed with the New York City Campaign Finance Board.

Now the former madam needs to collect 3,750 signatures to qualify for the ballot. She collected plenty of them three years ago when she ran for governor as a protest candidate. Currently, her campaign calendar appears a little empty. Expect that to change.

Finally, Davis says she can close the city's deficit by legalizing pot, which she estimates would bring in $1.8 billion in new taxes and save $390 million in enforcement costs. No word yet on whether she also wants to legalize her old profession, and if it too could give the Big Apple a boost.

—By CNBC's Jane Wells; Follow her on Twitter: @janewells



  • Based in Los Angeles, Jane Wells is a CNBC business news reporter and also writes the Funny Business blog for CNBC.com.

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