Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

spanone

(135,873 posts)
Thu Jan 12, 2012, 08:23 PM Jan 2012

Guess who's raising money for Romney: Bigwigs from private equity firms


Mitt Romney faces continued criticism over his refusal so far to release the names of his campaign “bundlers” -- the big money fundraisers who have helped him rake in tens of million dollars for his presidential race.

But two invitations to Romney private fundraisers, obtained by NBC News, reveal where many of them come from: big private equity firms.

It's the same corporate buyout industry where Romney, as chief of Bain Capital, made his personal fortune and which, in recent days, has become a campaign lightening rod.

Steve Schwarzman, co-chairman of the Blackstone Group, the biggest of all Wall Street private equity firms, is listed as the “event co-chair” at both Romney events, including one tonight in Palm Beach, FL that is expected to bring in over $1 million.

http://firstread.msnbc.msn.com/_news/2012/01/12/10142991-guess-whos-raising-money-for-romney-bigwigs-from-private-equity-firms
Latest Discussions»General Discussion»Guess who's raising money...