Robert Wagner

So much for the legacy of Herbert Lehman, one of the first Wall Street millionaires to run for public office and the son of the man who founded the now-bankrupt Lehman Brothers. Lehman served as Finance Chairman of the Democratic National Committee, and was elected Lieutenant Governor of New York in 1928 running on a ticket with gubernatorial candidate Franklin D. Roosevelt.

When Roosevelt ran for President in 1932, Lehman ran for Governor and beat U.S. Attorney Wild Bill Donovan, who would later become the top American spymaster during World War II, by a 57%-39% margin. Lehman was re-elected in 1934, defeating New York City master builder Robert Moses (58%-37%), and again in 1936 and 1938. In his last run for Governor, he narrowly won re-election, 50%-49%, over U.S. Attorney Thomas Dewey.