Senior executive with Bain & Co. reflects and looks ahead.
FORTUNE -- The long election season is now over, with President Obama appearing to have won reelection. Before the votes were counted, I spent some time on the phone with Phil Kleweno, head of the Washington, D.C. office for consulting firm Bain & Co., to get his thoughts on how the campaign affected his firm and on what his clients can MOREDan Primack - Nov 6, 2012 11:13 PM ET
Will Obama or Romney be better for private equity?
FORTUNE -- In 36 hours or so, we should know if America has elected its first-ever private equity president. Or if it's reelected the guy who campaigned, in part, by criticizing some of private equity's more controversial practices.
Based on the rhetoric, it seems obvious that Mitt Romney should be the choice of private equity professionals who vote their business interests. But I'm MOREDan Primack - Nov 5, 2012 1:25 PM ET
Trying to turn Staples from a positive into a negative.
FORTUNE -- This morning's political sideshow revolves about The Boston Globe getting a judge to unseal Mitt Romney's June 1991 testimony in the divorce proceedings of Staples founder Tom Stemberg. And like yesterday's political sideshow -- thanks Mr. Trump -- this one is unlikely to amount to much.
To be sure, Stemberg's divorce was ugly. Soap opera ugly.
But Romney's testimony doesn't have MOREDan Primack - Oct 25, 2012 12:05 PM ET
Politician Mitt makes promises that Bain Mitt would have never made.
FORTUNE -- Mitt Romney has been a politician for the past 13 years, but his sales pitch to voters relies heavily upon his private sector experience. Sometimes, however, the juxtaposition doesn't ring true.
For example, check out this exchange from Tuesday night's presidential debate:
Crowley: "If somehow when you get in there, there isn't enough tax revenue coming in, if somehow the MOREDan Primack - Oct 19, 2012 4:14 PM ET
No mentions of A123, Bain Capital or housing.
FORTUNE -- A few business-related thoughts from last night's presidential debate:
* I am simply dumbfounded that Romney didn't bring up A123, particularly given how much time he and Obama spent discussing energy policy. This is a company that received hundreds of millions in government loans, which went bankrupt on the very day of the debate. Maybe Romney has some history with A123 that I'm not aware MOREDan Primack - Oct 17, 2012 10:33 AM ET
The shock of more than half a trillion dollars in tax increases and spending cuts could send us into another recession. But with a little stimulus, it might be a blessing, not a curse.
By John Cassidy, contributor
FORTUNE -- With the election almost upon us, Wall Street is starting to focus on the possibility that, come Jan. 1, 2013, the economy could hurtle over a "fiscal cliff" consisting of $600 MOREOct 15, 2012 5:00 AM ET
Jack Welch's hiring history isn't much to tweet about.
FORTUNE -- Jack Welch, the former CEO of General Electric, has attacked the notion that President Obama and his policies are creating jobs. On Friday, Welch in a message sent through Twitter accused the administration, referring to it as "these Chicago guys," of changing the number in the monthly jobs report, which showed that the unemployment rate had fallen to the lowest MOREStephen Gandel, senior editor - Oct 9, 2012 5:00 AM ET
Romney is favored candidate of bankers, private equity execs.
FORTUNE -- Last week we asked readers of the daily Term Sheet newsletter to participate in a (totally unscientific) presidential poll, and the results were a blowout win for Mitt Romney.
Of the more than 1,800 respondents, 58% (1,071) said that they plan to vote for Romney next month, compared to 38% (696) who said they plan to vote for President Obama.
The remaining 4% MOREDan Primack - Oct 8, 2012 10:40 AM ET
Mitt Romney and the land of green energy make believe.
FORTUNE -- It happened again. During last night's presidential debate, Mitt Romney implied that campaign contributions to President Obama had influenced green energy investments by the Department of Energy.
Never mind that there is no evidence to support such a charge, following multiple independent investigations. Never mind that Romney has been caught lying about such things in the past, in regards to MOREDan Primack - Oct 4, 2012 4:57 PM ET
Since Dodd-Frank, small banks have grown more profitable.
FORTUNE -- In Wednesday's presidential debate, Mitt Romney said President Obama was both the banking industry's make out partner and grim reaper. Neither were meant as a compliment.
In a response to a question about regulation, Romney said Dodd-Frank, the set of banking reforms that Obama pushed for and Congress passed in the wake of financial crisis, was an example of a law that's MOREStephen Gandel, senior editor - Oct 4, 2012 4:16 PM ET
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