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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsRyan's brother former Bain employee
http://finance.fortune.cnn.com/2012/08/14/paul-ryans-major-private-equity-connection/Paul Ryan's major private equity connection
Vice presidential candidate's brother involved with private equity, Bain.
FORTUNE -- Rep. Paul Ryan only has been Mitt Romney's running mate for a few days, but he has a much longer connection to another private equity executive: Tobin Ryan, Paul's older brother and a partner with Seidler Equity Partners.
Seidler is located just outside of Los Angeles, but Tobin Ryan works out of his home state of Wisconsin. He joined the firm in October 2010, following a three-year stint with local private equity firm King Equity.
Before that, he served as chief operating officer for Tomah Products, a maker of industrial ammonia that is now owned by Air Products & Chemicals Inc. (APD). It was during Ryan's time at Tomah that he first got to know the folks at Seidler, when the firm helped sponsor a management buyout from another outside shareholder. Tomah's CEO at the time, Steve King, is a major player in Wisconsin's Republican Party, last year serving as one of three transition team members for newly-elected RNC chair Reince Priebus.
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Ryan's brother former Bain employee (Original Post)
riverwalker
Aug 2012
OP
ananda
(28,835 posts)1. How internecine.
It just keeps getting more bizarre every day,
and that's saying something.
CabCurious
(954 posts)2. I wouldn't stretch the truth on this one...
The facts don't indicate they worked together even at the same "Bain."
Narraback
(648 posts)3. It continues....
"Oh, and if you go back far enough, Tobin Ryan also happened to work as a manager with consulting firm Bain & Company (although Romney had returned to Bain Capital by the time Ryan joined)."
nc4bo
(17,651 posts)4. Eventually, they all belong to one big happy Union of the 1%.
Like likes like.