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RandySF

(84,785 posts)
Fri Jan 20, 2012, 04:38 PM Jan 2012

Romney becoming liability for Bain. [View all]

An email from the consulting firm Bain & Company to recent hires suggests that the presidential campaign of its alum Mitt Romney is creating headaches for the firm, particularly as it attempts to differentiate itself from Bain Capital, the private equity firm Romney helped found, which has received bad publicity in recent weeks.

The email, obtained by TPM, was sent in recent days by Graham Rose, a Bain partner in its Boston office, to recent hires from the Wharton School of Business. Rose, himself a Wharton alum, oversees recruiting for Bain at Wharton. A company press release from 2008 identifies him working in the consulting firm’s private equity and industrial goods and services practices.

The email reviews Romney’s history with the two companies, explains how the two companies are distinct entities, and expresses pride in Romney’s accomplishments while noting that the company does not play an active role in partisan politics.

http://tpmdc.talkingpointsmemo.com/2012/01/romney-candidacy-creates-intra-bain-headaches.php?ref=fpa

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