| September 13, 2012 at 09:49 am
Bain Capital, the private equity firm co-founded by Republican presidential nominee Mitt Romney – and portrayed by President Barack Obama’s supporters as a gang of corporate raiders – has pumped nearly $4.5 million into Democratic campaigns and causes, public records show.
A California Watch analysis of campaign finance reports shows that in the past two decades, donors with ties to Bain and its related companies have been firm financial supporters of Democratic candidates in federal and state races around the nation.
Obama has received $417,000 from Bain donors, including $182,000 for his current re-election campaign, the records show.
To be sure, the firm’s executives have been more generous to Romney and other Republican candidates.
Since Romney first entered politics – in a failed 1994 campaign for a U.S. Senate seat – he has obtained $4.39 million from donors with ties to Bain Capital and related companies, including the Bain & Co. consulting firm. Other Republican candidates received an additional $2.86 million.
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