Right Message, Wrong Messenger

Newt is the wrong guy to bash Mitt for Bain Capital.  Paul Levy, a managing partner at JLL Partners, a firm like Bain, told Bloomberg TV of how Newtie loves him some private equity:

“Newt Gingrich spoke at my annual meeting two years ago, we paid him $40,000, and [he] praised private equity more fulsomely than I could ever do it. … He was great.  He gave a great evening. … Everybody had fun.  … But nobody praised private equity, risk taking, capital more fulsomely than Newt Gingrich.”  Emphasis added.

Update — Other media reports say Newt was paid $60,750, which included the cash equivalent of two first-class tickets, five-star hotel, etc.

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