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Former venture capitalist Sen. Warner defends Bain
Washington Examiner ^ | MAY 21, 2012 | Charlie Spiering

Posted on 05/22/2012 11:12:15 AM PDT by RobinMasters

This morning on MSNBC, former venture capitalist Sen. Mark Warner D-Va. admitted that Bain Capital was "very successful" and "did what they were supposed to do."

When asked about whether attacks on private equity were fair, Warner said that he was "proud" of his previous career in the private sector but noted that public service required a "different skill set."

"Bain Capital was a very successful business. They got a good return for their investors. That is what they were supposed to do," Warner said.

Warner, is the founder of Columbia Capital Corp. in Alexandria, Va. which made him a multi-millionaire before he ran for Virginia governor. In spite of some early presidential buzz for the Democratic primary in 2008, he ran and won a race for the U.S. Senate.

(Excerpt) Read more at campaign2012.washingtonexaminer.com ...


TOPICS: Business/Economy; Culture/Society; News/Current Events; Politics/Elections
KEYWORDS: 2012election; baincapital; election2012; kenyanbornmuzzie; mittromney

1 posted on 05/22/2012 11:12:20 AM PDT by RobinMasters
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To: RobinMasters

Booker, Harold Ford Jr., Steven Rattner, Rendell and now Warner !!

Barry is Radioactive Man !


2 posted on 05/22/2012 11:13:01 AM PDT by RobinMasters
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To: RobinMasters

First pro homo, now anti-business.....even though he takes more money from bankers than Romney. Only Republicans could screw up this opportunity.


3 posted on 05/22/2012 11:18:52 AM PDT by stephenjohnbanker (God, family, country, mom, apple pie, the girl next door and a Ford F250 to pull my boat.)
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To: RobinMasters

“but noted that public service required a “different skill set.”

You got to love that statement. The mind goes into overdrive filling in the adjectives.


4 posted on 05/22/2012 11:50:46 AM PDT by Parley Baer
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To: RobinMasters

How’s the return on Solyndra doing?


5 posted on 05/22/2012 11:53:15 AM PDT by jwalsh07 (.)
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