Friday, May 25, 2012

In a fundraiser on Wednesday in Denver, the President continued to push the "Venture Capital Vampire" theme

ORIGINAL REPORT & EDITORIAL: OBAMA NATIONAL CO-CHAIR 'VENTURE CAPITAL VAMPIRE'? - completecolorado.com

Former Denver Mayor and Obama National Campaign Co-chair Federico Peña has a résumé surprisingly similar to Mitt Romney's.

President Obama continues to hammer presumptive Republican nominee Mitt Romney on his record with Bain Capital. In a fundraiser on Wednesday in Denver, the President continued to push the "Venture Capital Vampire" theme saying, "What Gov. Romney doesn't seem to get is that a healthy economy doesn't just mean a few folks maximizing their profits through massive layoffs or busting unions."

We wonder if former Denver Mayor and Clinton Transportation and Energy Secretary Federico Peña happened to be in the audience, and if he agreed.

Peña has been a partner at private equity firm Vestar Capital since 2000. And while President Obama has been giving private equity a bad name, both Peña and Vestar managing director James Kelley have made recent contributions to Obama's re-election efforts.... More at the link...