President Barack Obama's reelection campaign is a little disappointed that it didn't get to be the one to make a big issue of Mitt Romney's record at Bain Capital.
"I would have preferred to wait, yes, to keep the bottle of whup-ass fresher,” an unnamed campaign strategist told Talking Points Memo.
Rick Perry, Newt Gingrich and Jon Huntsman have all been hacking away at Bain Capital's restructuring of businesses (aka "laying off workers") while Romney was a private equity CEO at the company throughout the '80s and '90s. Many have argued that the attacks from Republicans will later be used by Obama's team during the general election, should Romney secure the Republican nomination
Romney still receives money from Bain through a retirement agreement made between him and the company in 1999.