January 19, 2012 Here's an explanation of "carried interest," which allows private equity managers to pay taxes at a relatively low rate.
January 13, 2012 Mitt Romney's campaign has a new TV ad meant to counter attacks on his career at private-equity firm Bain Capital, using the same defense it has ever since his rivals for the front-runner for the Republican presidential nomination started taking populist jabs at him.
January 12, 2012 Steven Rattner, the Wall Street financier who oversaw the Obama Administration's successful rescues of General Motors and Chrysler, now comes to the aid of some other beleaguered members of corporate America — Mitt Romney in his former role as a private-equity CEO, and Bain Capital, the company the Republican presidential candidate once ran.
October 19, 2011 President Obama is either raising money from the financial sector like a man with many friends and supporters in that field despite his attempts to regulate it. Or, he is losing the money race to Mitt Romney, that veteran of the private-equity world, because of his administration's efforts to clamp down on Wall Street with new regulations.
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