Don't believe anything you hear from the Obama campaign about Bain Capital or private equity or Wall Street. Here are the biggest bundlers for the Obama campaign, people who have each arranged for contributions in excess of $1 million. In the top five, four are individuals employed by Ariel Capital Management, Jordan Real Estate Investments, HBJ Investments, and Grosvenor Capital Management. (The fifth and biggest bundler is Jeffrey Katzenberg of Hollywood fame.) A casual Internet search reveals that these are a mutual fund company, a real estate company that also does private equity investments (i.e., buys companies like Bain Capital), another investment company, and a hedge fund.
Hypocrisy alert!
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