Going Long: Phil Maymin, Maymin Capital Management. The former math professor is only a few signatures shy of appearing on the ballot at this fall’s U.S. House of Representatives election in Connecticut’s Fourth District. Politics aside, having a hedge fund manager represent the congressional district that includes Greenwich, Conn. (the unofficial hedge fund capital of the world) makes sense on many levels. After all, who to better represent the political interests of filthy rich hedge fund managers living in Fairfield County mansions than a filthy rich hedge fund manager living in a Fairfield County mansion (as AIN assumes)? All joking aside, Maymin, who is running on the Libertarian Party ticket, is confident that the Fourth District is prime territory for a politician with his views. “Connecticut is generally Democrat, but the fact that they elected a Republican tells me they are generally Libertarian,” he told AIN, citing the fact that the Fourth District incumbent, Chris Shays, is a moderate Republican who has held the seat since 1987. Maymin is unabashedly opposed to additional hedge fund regulations and fears Congressional backlash after the Phil Goldstein verdict. “The SEC loss will just be the impetus that will make Congress turn it around,” he said. “Who from Congress wants to say they opposed hedge fund regulation? It seems almost a given that they are going to do something.” While AIN neither endorses nor opposes Maymin’s views, we do think that adding voices to the debate--and choices to the ballot--is something that has more benefits than liabilities.
