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Jerry Nadler and Jay Jacobs Do A Delicate Dance Around The Private Equity Question

Mitt Romney is currently on a fundraising swing through New York City and Democrats like Congressman Jerry Nadler and state party chairman Jay Jacobs used the occasion  to blast, as Mr. Nadler framed it, Mr. Romney’s economic “wizardry.”

Of course, neither Mr. Nadler or Mr. Jacobs would attack the financial industry with the same rhetoric as officials in other parts of the country — Mr. Nadler’s district contains many people who work in Wall Street and Mr. Jacobs undoubtedly raises plenty of money from that constituency as well. Read More