Finally A Break From Campaign’s Collateral Damage

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Private equity pros gave a collective sigh of relief in the days after President Barack Obama’s re-election, knowing that political advertisements demonizing Mitt Romney as a corporate raider during his time as head of Bain Capital were finally over.

The ad blitz came just as the industry seemed to be making progress in improving its public image, thanks to the creation of a new lobbying group in 2006 and to firms investing in companies of increasingly national importance, such ...

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