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Bain and Financial Industry Gave Over $565,000 To Newark Mayor Cory Booker For 2002 Campaign

Mayor Cory Booker (D-Newark, NJ)

Mayor Cory Booker (D-Newark, NJ)

Yesterday, Newark, New Jersey Mayor Cory Booker (D) attacked the Obama campaign for making an issue of Mitt Romney’s tenure at Bain Capital during an appearance on Meet the Press. While the progressive leader later backed off the criticisms, Republicans have been quick to highlight his comments as an attack against the idea that scrutiny of Mitt Romney’s record as a businessman is fair game.

A ThinkProgress examination of New Jersey campaign finance records for Booker’s first run for Mayor — back in 2002 — suggests a possible reason for his unease with attacks on Bain Capital and venture capital. They were among his earliest and most generous backers.

Contributions to his 2002 campaign from venture capitalists, investors, and big Wall Street bankers brought him more than $115,000 for his 2002 campaign. Among those contributing to his campaign were John Connaughton ($2,000), Steve Pagliuca ($2,200), Jonathan Lavine ($1,000) — all of Bain Capital. While the forms are not totally clear, it appears the campaign raised less than $800,000 total, making this a significant percentage.

He and his slate also jointly raised funds for the “Booker Team for Newark” joint committee. They received more than $450,000 for the 2002 campaign from the sector — including a pair of $15,400 contributions from Bain Capital Managing Directors Joshua Bekenstein and Mark Nunnelly. It appears that for the initial campaign and runoff, the slate raised less than $4 million — again making this a sizable chunk.

In all — just in his first Mayoral run — Booker’s committees received more than $565,000 from the people he was defending. At least $36,000 of that came from folks at Romney’s old firm.

NEWS FLASH

Voters Prefer Obama Over Romney On Health Care | According to a new Gallup poll, voters prefer President Obama over Mitt Romney 51 percent to 44 percent when it comes to health care. It was one of the top three issues, along with unemployment and the budget deficit, that a large majority of voters said they cared about. Romney beats Obama 54 to 39 percent on the budget deficit, but the two are tied on unemployment, with voters preferring Obama 48 percent to 47 percent. Eighty-four percent of voters polled by Gallup said health care is an extremely important or very important issue that the country is facing.

Politics

Top Romney Surrogate Trump: Campaign Should ‘Go After Obama’ On Rev. Wright

Last week, Mitt Romney distanced his campaign from third-party efforts to use Rev. Jeremiah Wright against President Obama. But this morning his campaign’s top surrogate advised the Massachusetts governor to dredge up the old racially-tained narrative. “[I]f I were Mitt and Mitt is a very honorable guy, he stopped the Reverend Wright ads and he was, you know, sort of opposed to them,” Donald Trump said during an appearance on Fox & Friends. ”I’d let him go at it,” he added, “if it’s going to be game on, let it be game on. Go after Obama”:

The reality star is building his political stature as a top surrogate for Romney and is “gaining juice and respectability in national politics.” Trump has recorded robo-calls ahead of key primary battles, participated in “a ton of talk radio for Romney in Michigan, Arizona and Ohio,” received personal “thank you” shout outs from Ann Romney during campaign victory speeches, and even hosted a birthday fundraiser for the couple.

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