President Barack Obama’s campaign has set a target on Mitt Romney’s tenure at the helm of Bain Capital LLC. What’s missing are high profile surrogates from the Democratic Party and the business community who will hit that theme in interviews and appearances on political talk shows. In fact, some Obama backers are undermining a core argument the president is making against the presumed Republican Party nominee as they try to avoid criticizing the investment community. Newark, New Jersey Mayor Cory Booker yesterday called the private-equity debate “nauseating to the American public” and likened it to potential Republican attacks tying Obama to his former pastor, Reverend Jeremiah Wright Jr., who once urged blacks to sing “God damn American” instead of “God Bless America.” “Enough is enough. ... Continue reading →
Boeing’s McNerney Says Obama Needs More Outreach to Business By Julianna Goldman - Tue May 08 15:33:38 GMT 2012 Enlarge image Boeing’s McNerney Says Obama Needs More Outreach to Business Jim McNerney, chairman, president and CEO of Boeing Co., speaks during the Atlantic Innovation Summit at Reagan National Airport in Washington, on May 8, 2012. Jim McNerney, chairman, president and CEO of Boeing Co., speaks during the Atlantic Innovation Summit at Reagan National Airport in Washington, on May 8, 2012. Photographer: Andrew Harrer/Bloomberg Boeing Co. (BA) Chief Executive Officer Jim McNerney said the Obama administration needs to be more sensitive to the needs of business, citing regulatory burdens that he said are creating uncertainty for companies. McNerney, who is chairman of President Barack Obama’s Export ... Continue reading →