Singer's Cash Backs Same-Sex Marriage Push In Maine

Jul 26 2012 | 11:07am ET

Paul Singer isn't satisfied with having helped push through same-sex marriage in his home state of New York. The Elliott Management founder has now turned his attention, and vast resources, north.

Singer has given $150,000 to the Freedom to Marry PAC, which is working to build support for a November referendum to legalize same-sex marriage in Maine. Singer's gift, which came on roughly the one-year anniversary of New York's passage of a same-sex marriage law, accounts for more than half of the donations to the PAC.

Maine's legislature actually passed, and its then-governor signed, a same-sex marriage law in 2009. But Maine voters voided it in a referendum later that year. Should Mainers vote to allow same-sex marriage—polls show that support for the measure has grown to over 50%—it would be the first time that a state's voters approved same-sex marriage at the ballot box.

Singer, whose son is gay, has been a leading force in the push for same-sex marriage, despite his strong support for the Republican Party, which by-and-large opposes it. Indeed, Singer has raised millions for former Massachusetts Gov. Mitt Romney, the presumption G.O.P. nominee against President Barack Obama in November. Romney is a strong opponent of same-sex marriage.


Lifestyle

Survey: Wall Street Banks Still Top Silicon Valley, Hedge Funds for Freshly-Minted MBAs

Jun 21 2016 | 9:01pm ET

Contrary to concerns that Wall Street isn't as appealing to new graduates as it...

Guest Contributor

The Future of the Blockchain in Financial Services Communications

Jun 17 2016 | 1:05pm ET

Over the past year, a large portion of the financial services industry has awakened...