Former DC resident and hedge fund manager Eric Hovde is not stranger to trying to buy a Senate seat. In 2012, Hovde spent more than $5 million of his own money to come in second place in the Republican Senate primary. He’s no stranger to living the lifestyle of the rich and famous. Hovde has earned his millions partly by buying up banks that foreclosed on millions of dollars worth of homes across the country, capitalizing on a financial crisis that devastated hard working Americans.
And the Milwaukee Journal Sentinel reported that Hovde sold millions in stock in preparation for buying Wisconsin’s senate seat with Wall Street cash.