Well this will complicate the Obama campaign’s efforts to vilify Bain Capital:
Jeffrey Zients will serve as President Obama’s new acting director of the Office of Management and Budget (OMB), but the president’s decision might undercut attacks on Republican Mitt Romney’s career as a venture capitalist, because Zients and Romney are both alumni of Bain & Company. . .
The White House emphasized Zients’ “twenty years as a CEO, management consultant, and entrepreneur” when announcing his promotion, but did not mention that Zients’ used to work with Bain & Company.
(Via the Corner.)
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