STEPHEN PAGLIUCA, MANAGING DIRECTOR, BAIN CAPITAL (D)
DECLARED? No, but sending clear signals
Reported to have personal wealth measured in the hundreds of millions, Pagliuca has to be taken seriously — even if nobody yet knows anything about his political ideology or ambitions. Sources say he will run as a classic liberal, and, presumably, as someone who understands the economy. He is assembling an impressive campaign team, and certainly comes with a stellar reputation in the field of leveraged-buyout financing.
But it's far from clear that voters are feeling positive about private-equity tycoons — or wealthy gadflies whose interest flits from co-owning the Celtics, to bidding for the Boston Globe, to trying to buy a US Senate seat.
There's also the little matter of his past support for Republicans, including the 1994 bid to unseat Ted Kennedy by Pagliuca's Bain buddy Mitt Romney. That'll be a tough one to explain to Massachusetts Democratic primary voters.
HE'S NO TED KENNEDY, BUT . . . he's a rich liberal.
HOW HE WINS His ads blow everyone away.
HOW HE LOSES He fails to live up in person.
: Talking Politics
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