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Bain Employees Gave Money to Obama Campaign

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By Russ Choma

IfPresident Obama's attacks onMitt Romney's long career at Bain Capital are a liability, assome Democrats now worry, they don't seem to bother some of Romney's old colleagues: Employees of Bain Capital and Bain & Company have given more than $152,000 to Obama's campaign and the joint fundraising operation he runs with theDemocratic National Committee. The analysis accounts for those donors giving $200 or more.

Yesterday, Obama attacked Romney for his time at Bain, telling reporters that being successful at making money as the head of a firm that takes over other companies -- often dismantling them or laying off workers to return them to profitability -- is different than creating jobs.

ButOpenSecrets.orgdata indicates there are at least a handful of Bain Capital employees (and their families) who seem more impressed with the president than he is with their employer: they have given $41,278 to his campaign, and identified at least three who have given a total of $96,400 to a joint fundraising committee operated by the Obama campaign and the Democratic National Committee.

Obama has also collected $16,000 from employees of Bain & Company, the consulting firm that started Romney's career and helped spawn Bain Capital.

Okay, it's all a drop in the bucket compared to the $2.5 million given to Romney's campaign orRestore Our Future, the super PAC supporting him, by employees of Bain Capital (the private equity company founded and run by Romney) and Bain & Company (the business consulting firm where Romney got his start and where he returned as CEO, briefly, in the early 1990s).

We found that employees of the firm have given the Romney campaign at least $154,000, and the Restore Our Future super PAC received at least $2.4 million. Employees of Bain & Company have chipped in another $123,050 to his campaign.

Senior Researcher Douglas Weber contributed to this report.


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