UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

                     PURSUANT TO SECTION 13 OR 15(D) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

        Date of Report (date of earliest event reported): April 14, 2006

                        NATIONAL INVESTMENT MANAGERS INC.
               (Exact Name of Registrant as Specified in Charter)

<TABLE>
<CAPTION>

        Florida                    000-51252                        59-2091510
------------------------    ------------------------     ---------------------------------
<S>                         <C>                          <C>
(State of Incorporation)    (Commission File Number)     (IRS Employer Identification No.)
</TABLE>

                          830 Third Avenue, 14th Floor
                               New York, NY 10022
               (Address of principal executive offices) (Zip Code)

                          (212) 355-1547 (Registrant's
                     telephone number, including area code)

          (Former name or former address, if changed since last report)

                                   Copies to:
                             Gregory Sichenzia, Esq.
                            Stephen M. Fleming, Esq.
                       Sichenzia Ross Friedman Ference LLP
                           1065 Avenue of the Americas
                            New York, New York 10018
                              Phone: (212) 930-9700
                               Fax: (212) 930-9725

Check the appropriate box below if the Form 8-K is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions:

|_|   Written communications pursuant to Rule 425 under the Securities Act (17
      CFR 230.425)

|_|   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
      240.14a-12)

|_|   Pre-commencement communications pursuant to Rule 14d-2(b) under the
      Exchange Act (17 CFR 240.14d-2(b))

|_|   Pre-commencement communications pursuant to Rule 13e-4(c) under the
      Exchange Act (17 CFR 240.13e-4(c))

<PAGE>

ITEM  5.02 DEPARTURE OF DIRECTORS OR PRINCIPAL OFFICERS; ELECTION OF DIRECTORS;
           APPOINTMENT OF PRINCIPAL OFFICERS.

On April 14, 2006, Richard E. Stierwalt resigned as a director of National
Investment Managers Inc. (the "Company"). Mr. Stierwalt will continue to serve
as a consultant to the Company pursuant to the Consulting Agreement entered with
the Company on March 1, 2006. In addition, Kevin Crow and Michael Bluestein each
resigned as directors of the Company on April 19, 2006 and April 18, 2006,
respectively.

                                   SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.


NATIONAL INVESTMENT MANAGERS INC.



By:      /s/ Leonard Neuhaus
         -------------------------------
Name:    Leonard Neuhaus
Title:   Chief Operating and Financial Officer
Date:    April 19, 2006
{"company-data": {"conformed-name": "National Investment Managers Inc.", "cik": "0000770461", "assigned-sic": "6282", "irs-number": "592091510", "state-of-incorporation": "FL", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-51252", "film-number": "06770259"}, "business-address": {"street1": "830 THIRD AVENUE, 14TH FLOOR", "city": "NEW YORK", "state": "NY", "zip": "10022", "phone": "212-355-1547"}, "mail-address": {"street1": "830 THIRD AVENUE, 14TH FLOOR", "city": "NEW YORK", "state": "NY", "zip": "10022"}, "former-company": {"former-conformed-name": "FAST EDDIE RACING STABLES INC", "date-changed": "19960820"}}
UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

                     PURSUANT TO SECTION 13 OR 15(D) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

        Date of Report (date of earliest event reported): April 14, 2006

                        NATIONAL INVESTMENT MANAGERS INC.
               (Exact Name of Registrant as Specified in Charter)
Florida                    000-51252                        59-2091510
------------------------    ------------------------     ---------------------------------
(State of Incorporation)    (Commission File Number)     (IRS Employer Identification No.)
830 Third Avenue, 14th Floor
                               New York, NY 10022
               (Address of principal executive offices) (Zip Code)

                          (212) 355-1547 (Registrant's
                     telephone number, including area code)

          (Former name or former address, if changed since last report)

                                   Copies to:
                             Gregory Sichenzia, Esq.
                            Stephen M. Fleming, Esq.
                       Sichenzia Ross Friedman Ference LLP
                           1065 Avenue of the Americas
                            New York, New York 10018
                              Phone: (212) 930-9700
                               Fax: (212) 930-9725

Check the appropriate box below if the Form 8-K is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions:

|_|   Written communications pursuant to Rule 425 under the Securities Act (17
      CFR 230.425)

|_|   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
      240.14a-12)

|_|   Pre-commencement communications pursuant to Rule 14d-2(b) under the
      Exchange Act (17 CFR 240.14d-2(b))

|_|   Pre-commencement communications pursuant to Rule 13e-4(c) under the
      Exchange Act (17 CFR 240.13e-4(c))
ITEM  5.02 DEPARTURE OF DIRECTORS OR PRINCIPAL OFFICERS; ELECTION OF DIRECTORS;
           APPOINTMENT OF PRINCIPAL OFFICERS.

On April 14, 2006, Richard E. Stierwalt resigned as a director of National
Investment Managers Inc. (the "Company"). Mr. Stierwalt will continue to serve
as a consultant to the Company pursuant to the Consulting Agreement entered with
the Company on March 1, 2006. In addition, Kevin Crow and Michael Bluestein each
resigned as directors of the Company on April 19, 2006 and April 18, 2006,
respectively.

                                   SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.

NATIONAL INVESTMENT MANAGERS INC.

By:      /s/ Leonard Neuhaus
         -------------------------------
Name:    Leonard Neuhaus
Title:   Chief Operating and Financial Officer
Date:    April 19, 2006