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Carlyle’s Sunoco deal casts glow over private equity

Posted on 06 July 2012

Private-equity shops have been portrayed as villains this year in the run-up to the presidential election. But today, Carlyle is being cast something of an American hero in its deal to take over a Sunoco refinery in Philadelphia.
Republicans and Democrats alike have taken shots at the background of Mitt Romney, the presumed Republican candidate and the former head of Bain Capital. While Romney has touted his experience as a job creator, critics have tried to lambast the private-equity industry as job destroyers………………………………………..Full Article: Source


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