Romney Goes Back into Investment

Mitt Romney has moved back into the business world. He will be the chairman of the executive committee for Solamere Capital, an investment firm founded by Romney’s son Tagg and Spencer Zwick, who was the chairman of the national finance committee during Romney’s presidential campaign. 

Romney will work for one week each month on private equity matters. Solamere makes venture capital investments.

Romney spoke with Fox News about the past and his future, saying:

I wish I were there. It kills me not to be there, not to be in the White House doing what needs to be done … I'm not going to be the leader of the Republican Party. Other people will take that mantle. I want to have influence on getting our party into a position where we can be successful in solving the problems the country has. I’m not going to disappear.



Comments

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“Every Asian market outside Sri Lanka retreated after Federal Reserve Chairman Ben S. Bernanke yesterday said a premature withdrawal of quantitative easing would put the U.S. economic recovery at risk,” Jonathan Burgos reports. What does this say about the US and, in particular, the policies of the Federal Open Market Committee, which are pretty much identical?

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