At the World Economic Forum in Davos, Switzerland, two Republican Wall Street moguls championed LGBT rights.

Paul E. Singer of Elliott Management and Daniel S. Loeb of Third Point joined HRC President Chad Griffin on a panel moderated by journalist Fareed Zakaria and sponsored by The Huffington Post and Microsoft.

Zakaria alternated these guests with J-FLAG Executive Director Dane Lewis, Russian journalist Masha Gessen, Cameroonian lawyer Alice Nkom and United Nations High Commissioner for Human Rights Navi Pillay.

Singer, who is considered one of the biggest donors to the Republican Party, said his son's coming out at the age of 21 prompted him to reconsider the issue.

Loeb, who became involved at the invitation of Singer, described three levers that can advance activism: the financial lever, the legal lever and the social lever. “It's not cool to be anti-gay,” he said.

Attendees included business tycoon Richard Branson and Senators Patrick Leahy of Vermont and Claire McCaskill of Missouri.

(Watch video from the panel at The Huffington Post.)