Whoopsie daisy, Obama takes $1 million from a bigger than Bain private equity company

Discussion in 'Politics' started by Dr.Drock, May 24, 2012.

  1. Dr.Drock
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    Dr.Drock Senior Member

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    Blackstone Group - Fortune Finance: Hedge Funds, Markets, Mergers & Acquisitions, Private Equity, Venture Capital, Wall Street, Washington

    Obama raises money from private equity, hours after bashing the industry.

    FORTUNE -- At a Democratic Party fundraiser, I guess it's inappropriate to mention the elephant in the room.

    President Obama last night spent time at the Park Avenue apartment of Blackstone Group (BX) president Tony James, to press the Wall Street flesh and collect $35,800 per plate. It came just hours after his campaign launched its first formal attack on Mitt Romney's record running Bain Capital -- a private equity firm not terribly dissimilar from Blackstone. Talk about awkward!
     
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  2. eflatminor
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    eflatminor Classical Liberal

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    Hypocrisy from our President? Color me shocked...
     
  3. The Infidel
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    The Infidel EVIL CONSERVATIVE

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    [​IMG]
     
  4. Dr.Drock
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    Dr.Drock Senior Member

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    For some reason I feel Obamabots won't have bleeding hearts for the americans fired by Blackstone.
     
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  5. Dr.Drock
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    Dr.Drock Senior Member

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    Blackstone Group - Wikipedia, the free encyclopedia

    The Blackstone Group L.P. (NYSE: BX) is an American-based alternative asset management and financial services company that specializes in private equity, real estate, and credit and marketable alternative investment strategies, as well as financial advisory services, such as mergers and acquisitions (M&A), restructurings and reorganizations, and private placements.[2]
    Bain Capital - Wikipedia, the free encyclopedia

    Bain Capital is a Boston-headquartered alternative asset management and financial services company that specializes in private equity, venture capital, credit and public market investments. Bain invests across a broad range of industry sectors and geographic regions. As of the beginning of 2012, the firm manages approximately $66 billion of investor capital across its various investment platforms.

    I don't see much difference in the 2 companies here.
     
  6. Stephanie
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    Stephanie Diamond Member Supporting Member

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    obamabots won't care..they just repeat the crap that come out of his mouth..useful tools I like to call them..

    he says Bain is BAD...and walla..that's all we see from the parrots..
     
  7. apostle83
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    apostle83 Rookie

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    I have a feeling the private equity companies don't care what Obama says about them as long as he doesn't target them with some of that whiz bang Chicago-Style Constitutional Law (that's like the constitution, with Mexican spices).
     
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  8. Truthmatters
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    Truthmatters BANNED

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    Robmoney is being vetted by the people right now.

    Obama was already vetted.


    Now is it OK for people to look at what robmoney did when at Bain?
     
  9. asaratis
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    asaratis Uppity Senior Citizen Gold Supporting Member Supporting Member

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    How about for the 27,000 or so that Hewlett-Packard is about to let go?
     
  10. Dr.Drock
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    Dr.Drock Senior Member

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    Yes it is ok for people to look at Romney with regards to Bain.

    Is it ok to criticize Romney for what he did at Bain while taking a million dollars from a company that does the same thing?
     

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