President Obama’s campaign just loves to referto rival Mitt Romney’s tenure at Bain Capital. They’ve made plenty of hay out of his time with the company (“home of the vulture capitalists!”), bringing it up at every turn possible.
But in one context, the White House dared not utter the B-word. President Obama named Boris Bershteyn to step in to head the Office of Information and Regulatory Affairs after the departure of Cass Sunstein, but his official bio makes no mention of Bershteyn’s time at consulting firm Bain & Co. (that’s where Romney worked before founding the spinoff private equity firm Bain Capital).
According to his profile in LinkedIn, Bershteyn was an associate consultant at Bain & Co. in the early 2000s, before he got his Yale Law degree.
:::Nelson Laugh:::
You don’t understand. There is good Bain, and then there is bad Bain. Romney is the bane of Obama’s existence, so Romney is an example of bad Bain.