Just as Mr. Romney and his advisers are defending his work at Bain, the industry is also trying to blunt some of the attacks. For a group of Wall Street executives who prefer to operate out of the spotlight, the repercussions could be considerable. Among the things the industry wants to preserve is favorable tax treatment for profits on private equity deals.
via As Romney Advances, Private Equity Becomes Part of the Debate – NYTimes.com.
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