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Elections Discuss Cory Booker: ‘Stop attacking private equity’ at the Political Forums; Newark Mayor Cory Booker credited Bain Capital with growing businesses and said attacks on private equity must stop, during “Meet ...

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Old 05-21-2012, 08:18 AM
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Default Cory Booker: ‘Stop attacking private equity’

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Newark Mayor Cory Booker credited Bain Capital with growing businesses and said attacks on private equity must stop, during “Meet the Press” Sunday.

As far as that stuff, I have to say from a very personal level, I’m not about to sit here and indict private equity. It’s—to me, we’re just getting to a ridiculous point in America. Especially, I know, I live in a state where pension funds, unions and other people are investing in companies like Bain Capital. If you look at the totality of Bain Capital’s record, they’ve done a lot to support businesses, to grow businesses; this to me, I’m very uncomfortable.

Booker went on to compare the private equity attacks to attacks on Rev. Jeremiah Wright, calling them a “distraction” and “crap.”

But the last point I’ll make is, this kind of stuff is nauseating to me on both sides. It’s nauseating to the American public. Enough is enough—stop attacking private equity, stop attacking Jeremiah Wright. This stuff has got to stop. Because what it does is it undermines to me what this country should be focused on. It’s a distraction from the real issues. This is either going to be a small campaign about this crap, or it’s going to be a big campaign about the issues that the American public cares about.
Cory Booker: ‘Stop attacking private equity’ | Washington Free Beacon

Hurray, a dem gets it.........

Oh well, never mind, hours later he posted a youtube video denouncing what he said.

I guess the obama administration had a talk with the boy.
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Old 05-21-2012, 08:26 AM
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Default Re: Cory Booker: ‘Stop attacking private equity’

Private equity is fine as car as that goes. I think what pisses people off is how it was acquired.
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Old 05-21-2012, 09:55 AM
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Default Re: Cory Booker: ‘Stop attacking private equity’

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Originally Posted by saltwn View Post
Private equity is fine as car as that goes. I think what pisses people off is how it was acquired.
Working for it? OH, HORRORS!
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