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As Paul Singer Anoints Rubio, Republican King Maker's Politics Come Into Focus

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Mark Melin
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Last Friday when Elliott Management founder Paul Singer tagged Republican presidential candidate Marco Rubio with his sought after support, a signal was sent that an anointed establishment candidate had been knighted to slay the Donald Trump dragon. Now with a week of distance in the rear view mirror, Rubio is being treated inside powerful financial circles as the establishment front runner as big bank favorite Jeb Bush appears nudged aside, a clear loser in the Singer support sweepstakes.

Bush and his subordinates had actively courted Singer, the hedge fund man behind the curtain who The New York Times noted had frequent Republican presidential aspirant guests at his dinner table who were reported to have waged a hard fought “battle” for support.  Who is this powerful man...

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.