Presidential hopeful Mitt Romney pulled a page from his strategy days at private equity underwriter, Bain Capital. Romney spent $4 million to aggressively take over the states of Iowa and New Hampshire. However a few members of the crowd agreed with the PEU analogy. "I know the man shook a lot of hands, but he should change his deodorant." Several private equity representatives in attendance applauded wildly for their ex-colleague, chanting "it smells like money to me!"
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