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Obama bundler defends private equity

Private equity executive and Obama bundler Marc Lasry defended the work of private equity groups Wednesday during a CNBC panel. Lasry, the co-founder and chief executive officer of the private-equity hedge fund Avenue Capital Group, pledged to bundle between $100,000 and $200,000 for the 2012 Obama campaign.

By Washington Free Beacon Staff·
Obama bundler defends private equity

Private equity executive and Obama bundler Marc Lasry defended the work of private equity groups Wednesday during a CNBC panel.

Lasry, the co-founder and chief executive officer of the private-equity hedge fund Avenue Capital Group, pledged to bundle between $100,000 and $200,000 for the 2012 Obama campaign.