New York | Panicked Wall Street financiers are racing to rally behind an “anyone-but-Mamdani” candidate for New York City mayor after 33-year-old democratic socialist Zohran Mamdani unexpectedly clinched the Democratic nomination.
Within hours of the primary result this week, hedge fund investors, private equity titans, corporate lawyers and investment bankers called and texted each other to find the best way to back a centrist challenger ahead of the November vote, according to people involved in the discussions.
