If you ask private-equity executives whether the campaign rhetoric surrounding Mitt Romney’s buyout past is hurting business, most will wave you off. For billionaire investor Wilbur Ross, on the other hand, the effect has been real — and he’s ready...
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Photograph by Kiyoshi Ota/Bloomberg
Wilbur L. Ross Jr., chairman and chief executive officer of W. L.Ross & Co. LLC.
Ross: Private-Equity Rhetoric Hurts
Photograph by Evan Vucci/AP Photo
Protests outside a fundraiser for Mitt Romney on July 16, 2012 in Baton Rouge, La.
Rick Perry, from `Vulture Capitalism’ to Tax Auditor — Pressing Romney
Payback is priceless. Texas Governor Rick Perry, who challenged Republican Mitt Romney for the party’s presidential nomination — and criticized Romney’s private-equity business as “vulture capitalism” – has joined a bipartisan chorus ranging from the Obama campaign to a former...
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Photograph by Reed Saxon/AP Photo
Luciano Guadalupe joins demonstrators protesting outside the site of a fundraiser for Mitt Romney at the Century Plaza Hotel in Los Angeles.
Romney’s `Swift-Baining, Tippy-Toes’ and Possible Return on Disclosure
Mitt Romney “on his tippy-toes.” It’s a curious image to conjure. Yet there’s a lot of dancing going on in campaign circles today. As Romney’s campaign accused President Barack Obama of taking special care of his friendly donors, the president’s...
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Photograph by Tony Dejak/AP Photo
A union rally in Cleveland where organized labor was rallying for public employee collective bargaining rights.
Bain Hits the Road, Spirit of Mitt in Tow
Bain is squeezing past the elephant in the room to get back on the road. Despite a blizzard of publicity sparked by its famous founder’s candidacy, Bain Capital is officially pitching investors on its new fund, formally known as Bain Capital Fund XI. While...
Read more »Romney’s Big Backers: Corporate Chiefs, Goldman Sachs, Bain Staff
There’s only so much that anyone can give to a candidate for president. Yet there are a lot of ways to support one. Mitt Romney’s joint fundraising effort with Republican Party committees has yielded seven donors giving at least $100,000,...
Read more »You’re so Bain, Obama Tells Romney
The Democrats like the reports of Mitt Romney’s Bain Capital paper trail at the Securities and Exchange Commission. They’ve produced 30 seconds on it — just the right size clip for a TV ad — at BarackObama.com: The video plays...
Read more »Obama Hedges Romney’s Business
The hedgehog knows one big thing, and the fox knows many. But a hedge fund means many things to many people, to borrow from the Greek poet Archilochus. Kind of. And President Barack Obama, an arch fox, is subtly suggesting...
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Photograph by Kathy Kmonicek/AP Photo
Demonstrators during a fundraiser for Mitt Romney in Southampton, N.Y.
Romney’s Resume: Left Bain When?
Updated at 3:55 pm and 6 pm EDT What role did Mitt Romney play at Bain Capital and when did he play it? The Boston Globe today has raised a question about Romney’s insistence that he left the private equity...
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Photograph by Saul Loeb/AFP/Getty Images
President Barack Obama gets out of an electric Chevy Volt in Holland, Michigan.
Obama’s Ad-attack on Romney: `Insourcing’ vs. Outsourcing
President Barack Obama wants you to know he supports “insourcing” and Republican challenger Mitt Romney supports “outsourcing.” That’s the contrast on jobs that the president’s re-election campaign is trying to make in a new television ad airing in swing-states critical to...
Read more »A Governor, Mayor and Steelworker Walk into a Private Equity Event…
With apologies to those in the public relations profession, press releases tend toward the mundane, even in the high-stakes world of mergers and acquisitions. Numbers, anodyne quotes and lists of high-paid advisers are the norm. However, today’s announcement from private equity...
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