Bain, Suffering and Cory Booker’s Emotional Distress
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May 23 (Bloomberg) -- Newark Mayor Cory Booker took a giantstep toward the presidency on Sunday.
On NBC’s “Meet the Press,” Booker called President BarackObama’s advertisement criticizing Mitt Romney’s tenure at theprivate-equity firm Bain Capital LLC “nauseating.” His commenthas been portrayed as a disagreement with the president overObama’s ad strategy. What Booker was actually doing, however,was shoring up his base: Bain Capital and all those similarlysituated firms that have supported him in the past and will,presumably, do so in the future if he ardently defends them.