Back in April, then-New York Republican gubernatorial candidate William Weld took issue with Democratic front-runner for the seat, state Attorney General Eliot Spitzer, for accepting campaign contributions from hedge funds. At the time, Spitzer told the media that all contributions were vetted to make sure the donor had no pending business with the AG’s office. But the issue has surfaced again, according to the New York Daily News. The paper reports that The Spitzer Trust, the family charity run by the AG’s family, invests heavily in hedge funds and equities. Top execs of some of those hedge funds have made maximum contributions of $50,100 to his campaign, says the News, including Jeffrey Berkowitz of hedge fund Cramer-Berkowitz, Douglas Hirsch of Seneca Capital and Seneca International, and Karen Finerman of Bedford Falls Investors. Lawrence Golub of Golub Capital Partners, a private equity firm, contributed $25,000, the paper reports. “It raises ethical questions – and suggests a level of self-dealing – when financial investments are placed with investors who happen to be his biggest contributors,” consultant Marcy Murninghan, a former ethics professor at Harvard Divinity School, told the News. Darren Dopp, communications director for Spitzer, explained in a News interview that “it makes sense” that these individuals, with long personal friendships with Spitzer, should contribute to him. But the revelation is not sitting well with some. Blair Horner of the New York Public Interest Research Group offers two suggestions to the AG: Get an Ethics Commission advisory opinion, or quit the board of the trust. Spitzer reportedly recuses himself from any office business that deals with his trust.