Dan Loeb, Steve Cohen, Paul Singer, Cliff Asness Legalize Gay Marriage In New York

Yes, technically elected officials did it but it wouldn’t have happened without said hedge fund managers, who made the case over lunch.

In the 35th-floor conference room of a Manhattan high-rise, two of Gov. Andrew M. Cuomo’s most trusted advisers held a secret meeting a few weeks ago with a group of super-rich Republican donors. Over tuna and turkey sandwiches, the advisers explained that New York’s Democratic governor was determined to legalize same-sex marriage and would deliver every possible Senate vote from his own party…the donors in the room — the billionaire Paul Singer, whose son is gay, joined by the hedge fund managers Cliff Asness and Daniel Loeb — had the influence and the money to insulate nervous senators from conservative backlash if they supported the marriage measure. And they were inclined to see the issue as one of personal freedom, consistent with their more libertarian views.

Within days, the wealthy Republicans sent back word: They were on board. Each of them cut six-figure checks to the lobbying campaign that eventually totaled more than $1 million. Steve Cohen, the No. 2 in Mr. Cuomo’s office and a participant in the meeting, began to see a path to victory, telling a colleague, “This might actually happen.”

To commemorate the historic event and the men who got it done, consider asking Steve, Dan, Paul or Clifford to officiate your upcoming nuptials. They’d surely be flattered and no doubt have their applications to get ordained online queued up and ready to go.

The Road To Gay Marriage In New York [NYT]
New York Senate Passes Bill Legalizing Gay Marriage [WSJ]

Related: Lloyd Blankfein, John Mack, Dan Loeb Et Al Sign Marriage Equality Letter

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51 Responses to “Dan Loeb, Steve Cohen, Paul Singer, Cliff Asness Legalize Gay Marriage In New York”

  1. Short, But Long says:

    Straight up impressive.

  2. John Q Suburb says:

    Awesome. Now gay couples can be as miserable as the rest of us.

    • n hip single people under the age of 25 liked your post.


      Sorry. I’ve been to a wedding every weekend for 2 months now, with another 2 to go. Starting to get mentally unhinged. I can’t even dance to Baby Got Back anymore…

      • Guest says:

        I think this should be your speech at the next wedding.

        • Guest says:

          They’re called toasts not speeches dickwad.  It’s all about the bride/groom not the person with the mic.  You’re probably the same groomsman who does the worm when you’re introduced as part of the wedding party.  Selfish fucking generation.

      • Guest says:

        can you please just drink your frustrations away and not shout so often?

  3. in love with pmco avatar says:

    pmco will you marry me and have one of the above officiate, Bess can be the  maid of honor

  4. It’s interesting how society has totally flipped over the past 20 years. We now expect the influence of women in the workforce as a positive necessity, while making policy that will deny the influence of one sex or the other in raising children. 

    It’s also pointed out, often, that heterosexual couples do an awful job at raising kids, so gay couples entering the parenting fray will be a salve and an improvement. That assumes that being gay somehow elevates you above human nature and typical foibles.

    Just amazing the change in the world, from the Mid East, to social norms. Wonder what will be normative 20 years from now that is currently transgressive? 

    What’s also odd is a law like this being passed at the same time that extremely conservative and/or religious Republican candidates hold the complete opposite view, and gain a measure of support in those views. 

    Sometimes America has two heads on the same neck, each thinking opposing illogical thoughts. 

  5. Mahmoud Ahmadinejad says:

    So $1 million buys the senate.
    Muahaha Muahahaha MUAHAHAHAHA!!

  6. Job Security says:

    Just think about the fights over the furniture now.

    -Divorce Lawyer

  7. AQR Assfucked says:

    Well looking at Cliff’s recent track record it comes as no surprise that he’s in favor of people getting fucked in the ass being able to enter into legally enforceable relationships, just think of him and his investors. 

  8. Fake Louis Moore Bacon says:

    You bastards said it didn’t make sense to put a lobbying effort together when I explained that the bigamy laws are embarrassing relics!

  9. Anonymous says:

    You know how I know you’re gay? You have a rainbow bumper sticker on your car that says, “I like it when balls are in my face.”

  10. Anonymous says:

    What the fuck is up with the weekend post?  Am I seriously going to have to start checking DB on weekends? Jesus christ…

    • Guest says:

      Based on your profile picture, I assume that you have seen that horrible movie, “Wall Street 2: Money Never Sleeps.” There is your answer. Just make sure you don’t check it on your UBS-issued Blackberry as I don’t believe they would endorse most posts on DB.

      • Anonymous says:

        Eff you, Bretton!

        • Guest says:

          Wow, Mr. Sensitive. You can wait a few hours to check DB after you drive back from your Jersey Shore summer share in your Civic. The site is here to stay.

          • Guest says:


          • Guest says:

            It truly kills me how much of an idiot you are. The response to your comment was clearly a joke, as evidenced by referencing a character from WS2, and the original comment was not about not wanting the site to “stay,” but rather to (jokingly) complain that if there were going to be posts on weekends, he’d be reading those as well.

  11. Duke says:

    did that galactically stupid anus Timmay actually say this weekend that “taxes on small business must rise so Government doesn’t have to shrink” … ??

  12. I'm a Dude says:

    hooray for the hedge fund bigwigs. did they celebrate with the elephant walk when they were done? scary thought of big steve in that position…

  13. Lorenzo says:

    Why is the government even involved in marriage? Unjustifiable…

    • I’m assuming that is a joke? 

      • Lorenzo says:

        You realize this wouldn’t even be an issue if the gov. wasn’t involved right? It would just disappear… Let’s critically think here.

        • That’s like saying the rain wouldn’t be a problem if it wasn’t for the clouds. Want to be married? Fine. You’re married. No one cares about that. What they care about is the law—insurance benefits, division of property and visiting rights in divorce, tax benefits, blah blah etc etc. and you don’t think the government should be involved in that? Marriage and government are practically the same institution.

  14. First Thrust says:

     GAY WELCOME: Divorce lawyers’ windfall harvest of low-hanging fruit. Now everyone’s nuptial bliss can be rear-ended in court.

  15. Mercury says:

    Hello uninteded consequences.

    Call me cynical but I think this is all about the kind of “personal freedom”  that allows you to transfer private wealth tax free.  It’s always so messy when a member of the opposite sex is involved….and this will knock out that wild card. 

     Keep an eye out for a large chunk of change passing down a generation or two via legal gay marriage…soon.  You know Goldman is all over this.  All you need to get that ball rolling is one old rich guy who doesn’t trust some non-profit to carry out his will and doesn’t want to see his money go to the government when he dies. Oh, the liberal elite will not be amused!

    By the way, I’m totally available…

  16. early hominid says:

    So all they got for cutting checks was philosophical satisfaction?  Really?    

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