When the New York Daily News obtained a leaked 140-page strategy memo from the Giuliani campaign in January "one name," according to the article, appeared "throughout the document: Paul Singer, a discreet hedge-fund tycoon who has been described as the Republican George Soros." The Upper East Side billionaire and longtime contributor to Republican and conservative causes was asked by the campaign to raise cash from Wall Street, recruiting other big-money donors and even contacting 9/11 survivors and victims' family members to support Giuliani's bid for the Republican nomination.

Since then, Singer has become one of Giuliani's most important fundraisers, bundling more than $500,000 for the campaign. Singer and employees of his hedge fund, Elliott Associates, have chipped in an additional $168,000. The campaign frequently uses his private jet.

In late September Singer was once again in the news. Republicans in California with ties to the Giuliani campaign were pushing a ballot initiative that would award the state's electoral votes by Congressional district rather than winner-take-all, a move that could potentially throw a close election to a Republican. The group leading the drive was funded via a previously unknown organization in Missouri with exactly one donation of $175,000. When that outfit refused to divulge who made the contribution, the two GOP strategists in charge of the initiative quit in frustration. Eventually, as questions mounted, Singer admitted to being the sole contributor but claimed complete independence from the Giuliani campaign. Democratic lawyers in California believed otherwise, so they filed a complaint with the Federal Election Commission alleging a Giuliani-connected "money laundering operation."

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