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Sen. Mitt Romney (R-Utah) on Friday criticized the Republican National Committee's (RNC) effort to censure Reps. Liz Cheney (R-Wyo.) and Adam Kinzinger (R-Ill.), saying he considered the move by their fellow Republicans shameful. Romney, a leading critic of former President Trump within the Senate GOP conference, signaled his support for Cheney and Kinzinger, also both prominent Trump critics, and said in a tweet that "shame falls on a party that would censure persons of conscience, who seek truth in the face of vitriol." He praised them for seeking answers despite the professional and personal consequences. Both Cheney and Kinzinger are...

SolarWinds, the company that fell victim to a devastating cyber attack in March, is owned by Silver Lake and Thoma Bravo. Until 2015, Silver Lake owned SunGard, an IT company with a data center virtually in the same location where the Nashville Christmas Day bomb exploded yesterday. On Christmas morning, police responded to a “shots fired” call and came upon a strange RV that was close to an AT&T building on near Second Avenue and Commerce street. The police did not find any evidence of a shooting, so they called in the bomb squad. About 30 minutes later, the RV...

GOP group the Lincoln Project says it raised $16.8 million in the second quarter of 2020 as it ramps up its anti-Trump efforts ahead of the general election. In a filing with the Federal Election Commission posted Wednesday, the group said it spent $7.2 million and has $10.8 million cash on hand. It also owes more than $263,500 in debt. Among the organization's most prominent donors are billionaire hedge fund manager Stephen Mandel, who gave $1 million, business magnate David Geffen, who gave $100,000, and Bain Capital chairman Joshua Bekenstein, who also gave $100,000. The Lincoln Project was founded late...

The chairman of Bain Capital, the infamous venture capital firm excoriated by Democrats during the 2012 election for outsourcing American jobs, is putting big money behind a Super PAC working to elect former Vice President Joe Biden. Joshua Bekenstein, who was one of the founders of the firm alongside Mitt Romney and now serves as its chairman, donated $250,000 to Unite the Country at the start of April, according to the Super PAC’s Federal Election Commission (FEC) filings. On the same day that donation was made, Bekenstein’s wife, Anita, contributed a further $250,000, raising the couple’s total to half a...

HONG KONG, July 25, 2019 – Bain Capital today announced the merger of ChinData, a leading Chinese operator of campus-style, hyperscale data centres, and Bridge Data Centres, a wholesale and custom build data centre company, to form one of the leading pan-Asian data centre platforms. The new parent Company, ChinData Group, will continue to operate under the ChinData and Bridge brands respectively. Bain Capital acquired ChinData in May 2019 from Wangsu Science & Technology Co. Ltd and has owned Bridge Data Centres since 2017.The combined company delivers hyperscale, wholesale and custom-build data centre solutions to leading regional and global customers,...

If Sen. Mitt Romney (R-Utah) had an ulterior motive for his decision to vote to convict President Trump for abuse of power, he's doing a good job of hiding it. In an interview with The Atlantic, Romney was asked about a speculative story published by The Washington Examiner, which suggested his bipartisan behavior during the Senate impeachment trial was part of a plan to run for president in 2024. Romney, people told the Examiner, was trying to establish himself as the star of the Republican old guard should Trump fail in the 2020 election. That apparently got Romney right in...

Maxwell, the late owner of Mirror Newspapers, invested $2 million in Mr Romney's first private equity fund, which launched the controversial career in finance that the Republican presidential challenger now cites as proof of his ability to lead the US to prosperity. He was recruited by Lyons, a late colleague of Mr Romney's at Bain & Company and one of the "Guinness Four" who were convicted in 1990 over the infamous share-trading fraud at the drinks firm. Lyons and his family invested almost $3 million in Mr Romney's fund.

Newly-entered 2020 candidate Deval Patrick boasted that the Democrats are the "party of the woke." Appearing on MSNBC on Thursday after officially launching his presidential campaign, the former Massachusetts governor was asked about the "vulnerability" of his involvement in Bain Capital, the investment firm that previously dogged Mitt Romney's 2012 campaign. "You’re not running in a Republican primary, you are running in a Democratic primary," MSNBC host Nicolle Wallace told Patrick. "Your party has moved to the left." "First of all, I love that the party has moved to the left. I love that we are the party of the...

Former Gov. Deval Patrick, D-Mass., is telling friends and allies he’s going to enter the race for the White House and is likely to announce his candidacy on Thursday, Fox News confirmed on Wednesday. After declaring his candidacy, Patrick is expected to travel to neighboring New Hampshire to file for the state’s first-in-the-nation presidential primary. Friday is the last day for candidates to place their names on the primary ballot. Patrick's campaign is likely to face high hurdles, including fundraising, a lack of national name recognition and entering the race extremely late in the election cycle. His move would come...

It's time now to play a new political game: Who's the Liar? In one corner we have the Huffington Post Washington bureau chief, Ryan Grim, who must be feeling very grim today because his "scoop" about the Bain Capital source of Senate Majority Leader Harry Reid's claim about Mitt Romney not paying taxes for 10 years has blown up on him. Grim Grim quoted Reid's spokesman, Jose Parra, as stating that Reid's Bain Capital source is a Republican. Unfortunately for grim Grim this assertion was countered by Parra's parry that he said no such thing. Since grim Grim placed Parra's...

A couple of weeks ago, the Washington Post published a report detailing how Bain Capital, under Mitt Romney’s leadership, invested in companies that specialize in outsourcing American jobs, creating a surge of media and public interest in his relationship to the private equity firm. Since then, the Romney campaign has offered one lame comeback after another — from splitting hairs over the terms “outsourcing” and “offshoring” and trying to drum up VP speculation, to flat out “whining” as Karl Rove put it — in an attempt to distract voters from the real issue: Mitt Romney has personally made, and continues...

China is sending conciliatory signals as U.S. and Chinese negotiators meet in Washington to try to head off a trade war between the world’s two biggest economies. Beijing has dropped an anti-dumping investigation into imported U.S. sorghum, which it had accused the United States of unfairly subsiding. It has also given approval for a U.S. private equity firm to buy Toshiba’s memory chip business. Those gestures could suggest a thaw with the U.S. as trade talks went on for a second day Friday in Washington. “China has come to trade,” Larry Kudlow, the top White House economic adviser, told reporters....

Toys "R" Us is going out of business in the U.S. The iconic chain announced early Thursday that it's seeking bankruptcy court approval to start closing its 735 U.S. stores and liquidating their inventory. Some 33,000 employees will lose their jobs as a result. Toys "R" Us Chairman and Chief Executive Officer Dave Brandon said in a statement, "I am very disappointed with the result, but we no longer have the financial support to continue the Company's U.S. operations."

He’s not saying Moore should go “if” the sexual assault allegations are true. He’s telling him to get out now. Mitt Romney called on Roy Moore to step aside from the Alabama Senate race Friday, becoming one of the only Republican politicians to say, unequivocally, that Moore should go in light of accusations that he sexually assaulted a 14-year-old girl. (TWEET-AT-LINK) On Thursday, The Washington Post reported that four women said Moore pursued them when he was in his 30s and they were between the ages of 14 and 18. The most serious case involves Leigh Corfman, who was 14...

@MittRomney Innocent until proven guilty is for criminal convictions, not elections. I believe Leigh Corfman. Her account is too serious to ignore. Moore is unfit for office and should step aside.

One of Mitt Romney's high school classmates says that the presumptive Republican presidential nominee was 'evil' in his younger years, and acted like he was a schoolboy gone mad 'like Lord Of The Flies'. The Romney camp was reeling after the revelations that he forcibly shaved the head of a high school classmate who was regularly taunted for being gay. The former governor of Massachusetts grabbed tearful John Lauber and hacked away with a pair of scissors because he thought his bleached blond hair was ‘wrong’. Mr Romney also supposedly mocked another student who was a closeted gay by shouting...

An ad from a pro-Obama super PAC suggests that Mitt Romney is responsible for a woman's death. The TV ad by Priorities USA Action has Joe Soptic, who has been used in Obama campaign ads, telling the story of what happened to his wife after Mitt Romney’s company, Bain Capital, closed the GST Steel plant where Soptic worked until 2001. On the screen are these words: "Mitt Romney and Bain Capital made millions for themselves and then closed this steel plant." Soptic says "I lost my health care. And my family lost their health care. And a short time after...

Yesterday House Speaker Paul Ryan pushed through a Puerto Rico Rescue bill called PROMESA. The details of the bill are fundamentally challenging to understand in scope, however, the key aspect to remember is the underlying benefactor(s) – Wall Street. While Ryan is severely adverse to PROMESA being called a bailout, that’s exactly what it is – only worse. The plan structurally changes the dynamics of how State debt is repaid, and the considerations for bondholders under the 5th amendment (seizure of private property w/out compensation); which will lead to a guaranteed bondholder bailout. However, beyond the ‘bailout’ aspect there is...

With Newt Gingrich accusing Mitt Romney this week of “bankrupting companies” during his time at Bain Capital, Romney’s wildly lucrative business career continues to draw fire from opponents who seek to paint him as a heartless financier. So did Romney wreck companies as Gingrich says he did? Under Romney’s leadership at Bain, which spanned from 1984 to 1990 and from 1992 to 1999, at least five companies eventually filed for bankruptcy after being acquired by the private equity firm.

The International Brotherhood of Teamsters endorsed President Obama Monday, calling his likely Republican opponent Mitt Romney a "vulture capitalist" whose election would amount to a "fox guarding the henhouse." "He represents everything that is wrong with our financial system. He made his money as CEO of Bain Capital by destroying U.S. businesses, sending good-paying American jobs overseas and filling his pockets with millions while putting workers out on the street," Teamsters President Jimmy Hoffa said in a release. The organization's endorsement comes with a promise to put "boots on the ground" in all fifty states. "Working families know who is...