Community | January 23, 2012 | 0 comments

The Media Is Confusing Private Equity And Venture Capital -- To Mitt Romney's Benefit

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Reporting from the New Hampshire primary, Fox News's Carl Cameron observed that Bain Capital was "the venture capital company in which [Romney] both bought and grew companies and occasionally shut a few down."
But Bain Capital is not, as Cameron said, a venture capital firm. He wasn't the only reporter to mislabel Bain, either. When Newt Gingrich first ramped up attacks on Romney as a "corporate raider" at Bain, the news media covered the attacks by referring to the company alternately as a...
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