 While John Hall was in his district last night, donating his time and talents to save the Beacon Theater, Nan Hayworth was living the high life beyond her district boundaries, partying with Hedge Fund Kings Steven Shapiro and Charlie Parkhurst in tony Greenwich, CT.
Wall Streeters Shapiro and Parkhurst have worked for both large investment banks and for so-called salon firms, tiny entities which can hold billions in assets. Shapiro headed Intrepid Capital Investments, which managed to lose nearly 90 percent of investment capital between 2007 and 2009. Parkhurst, a former managing director at Smith Barney, moved on to Archeus Captial Management, which shut down when its hedge funds went from $3 billion to $700 million in assets in three years. After helping to form Centerlight Capital Management in the dust of Archeus, Parkhurst has gone on to be a trader at the British Investment Bank Barclays.
Despite investors losing their shirts on Archeus and Intrepid investments, times must not be too bad for Shapiro and Parkhust, neither of whom are residents of New York State or the 19th Congressional District. Prior to last night's high-price soiree at Shapiro's mansion (just check out this Google maps image), both have donated $2,400 to Hayworth's campaign.
Hayworth is a multi-millionaire herself. Her husband runs the mammoth Mount Kisco Medical Group, which is comprised of more than 200 physicians. In its early stages, the campaign has largely been self funded with Hayworth giving several six-figure checks to her own campaign. |
