Hamptons hedge fund kings are engaged in a public slapfight over one's decision to do a little creative gardening on the property of the other.

My outrage over this arbitrary and unilateral course of action is probably only exceeded by Mr/Mrs Spilker's sense of entitlement that the four-foot wide path to the beach (and specified in the local easement papers) 'was just not wide enough for us' as he said when first broaching the subject of arbitrarily widening a path that was 'in compliance' with the local zoning.

That's Kynikos Associates' Jim Chanos, in an e-mail obtained by Portfolio. The unilateral dehedger is Marc Spilker, a managing director of Goldman Sachs. We sure hope these guys work this thing out. If multimillionaires can't get along, what hope is there for the rest of us?

Hamptons Hedges Hullabaloo [Portfolio]