Six for the seat

By DAVID S. BERNSTEIN  |  September 16, 2009

pag

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.

< prev  1  |  2  |  3  |  4  |  5  |  6  |  7  |   next >
  Topics: Talking Politics , Mitt Romney, Tim Murray, NBA Atlantic Division,  More more >
| More


Most Popular
ARTICLES BY DAVID S. BERNSTEIN
Share this entry with Delicious
  •   MRS. WARREN GOES TO WASHINGTON  |  March 21, 2013
    Elizabeth Warren was the only senator on the Health, Education, Labor, and Pensions (HELP) Committee, aside from the chair and ranking minority, to show up at last Thursday's hearing on indexing the minimum wage to inflation.
  •   MARCH MADNESS  |  March 12, 2013
    It's no surprise that the coming weekend's Saint Patrick's Day celebrations have become politically charged, given the extraordinary convergence of electoral events visiting South Boston.
  •   LABOR'S LOVE LOST  |  March 08, 2013
    Steve Lynch is winning back much of the union support that left him in 2009.
  •   AFTER MARKEY, GET SET, GO  |  February 20, 2013
    It's a matter of political decorum: when an officeholder is running for higher office, you wait until the election has been won before publicly coveting the resulting vacancy.
  •   RED BLUES: SCOTT BROWN EXPOSES THE EMPTY MASSACHUSETTS GOP BENCH  |  February 15, 2013
    It wasn't just that Scott Brown announced he was not running in the special US Senate election — it was that it quickly became evident that he was not handing the job off to another Republican.

 See all articles by: DAVID S. BERNSTEIN