Romney's Hidden-Video Fundraiser Host In June: Economy Is “Not Too Bad”

[jsr]

http://www.buzzfeed.com/chrisgeidner/romneys-hidden-video-fundraiser-host-in-june-eco

Romney's Hidden-Video Fundraiser Host In June: Economy Is “Not Too Bad”
Sun Capital Partner's Marc Leder made the comments in a video posted in June — a month after he hosted the now-famous Romney fundraising event.
posted Sep 17, 2012 11:10pm EDT

The private equity firm executive who reportedly hosted the Mitt Romney fundraiser captured on video gave an interview this summer where he praised the liquidity of the U.S. markets and said, "The economy is not great, but it's not too bad."

Mother Jones magazine's David Corn reported on MSNBC this evening that the hidden-camera fundraiser video — in which Romney said "47 percent [of the people] ... are dependent on government, who believe they are victims" — had taken place on May 17 at the Boca Raton home of Sun Capital Partners co-chief executive officer Marc Leder.

In a video posted in June for Privcap, an entity whose aim is to "provide context for private capital investment," Leder discussed the financial environment for Leder's "distressed and turnaround firm," as Privcap put it.

"In the United States, the financing environment right now is outstanding. There is a flood of liquidity in the bank and the high-yield markets," Leder said. "The economy is not great, but it's not too bad. So you might wonder, why are we so busy? ... What we concluded is that there is a huge, pent-up supply of businesses for sale."

[elleng]

1. BIG!

Think this is Corn's next piece?

[flamingdem]

2. This is just too

funny!

[Cha]

3. Ah, May 17th! The date wasn't released

earlier..I knew it would only be a matter of time.

Thanks, jsr~