Thursday, May 24, 2012

Bain Capital workers donate to Obama


As President Obama and Mitt Romney battle over Romney’s tenure as a leveraged buyout specialist at Bain Capital, a new report shows that some of some of Romney's old colleagues -- employees of Bain Capital and Bain & Company -- have donated more than $152,000 to Obama's campaign and the joint fundraising operation he runs with the Democratic National Committee. The analysis by Opensecrets.org accounts for those donors giving $200 or more.
The motivation for those contributions should generate quite a bit of speculation because they come even as Obama attacks Bain Capital on a regular basis for laying off workers and tearing companies apart.
Opensecrets found that Bain employees have given $41,278 to the president’s campaign, and the watchdog group identified at least three who have given a total of $96,400 to a joint fundraising committee operated by the Obama campaign and the Democratic National Committee. 

Obama has also collected $16,000 from employees of Bain & Company, the consulting firm that started Romney's career and helped spawn Bain Capital.
Of course, it should be noted that, if the dollars do the talking, the $2.5 million donated by Bain workers to Romney and his super PAC indicate he’s still a popular guy at the old firm.

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