The Daily Tar Heel

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Sunday April 2nd

Bain executives spend nearly $5 million on Romney’s run

WASHINGTON, D.C. (MCT) — Of all the investments made by the super-wealthy partners at the private equity firm Bain Capital, perhaps none has a greater potential return than the one they’ve made in Mitt Romney.

Current and former Bain executives and their relatives have given about $4.7 million to organizations that are dedicated to making Romney the next president of the United States, according to a Center for Public Integrity investigation.

Some Bain associates have been filling Romney’s campaign coffers since 2004, long before the former Massachusetts governor officially embarked on a presidential run.

Since then, they’ve given to political committees in early primary states — some without contribution limits — for both of Romney’s presidential campaigns and to federal “leadership PACs” that the candidate controls.

Most dramatically, they gave at least $3.1 million last year to Restore Our Future, a “super PAC” that Romney doesn’t control, which has used the contributions to launch ads against his opponents.

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