Saturday, May 05, 2007

Mitt fails to reel in ex-backer$: Wealthy Mass. Repub, former adviser defect

The Boston Herald

Former Gov. Mitt Romney may have hit one out of the park at Thursday’s GOP debate, but he’s lost the support of a deep-pocketed Bay State Republican and a former top adviser.

Romney’s former financial czar Robert Pozen, who’s now head of MFS Investments, has thrown his considerable clout behind Sen. Hillary Clinton (D-N.Y.). Records show Pozen has donated $4,600 to Clinton’s presidential campaign but has made no contributions to Romney’s 2008 White House bid.

Pozen was a donor to Romney’s gubernatorial campaign in 2004 and was one of two so-called “super” Cabinet secretaries tapped by Romney to lead his administration.

A former Social Security adviser to President Bush, Pozen is just the latest high-profile Massachusetts supporter to turn away from Romney. Richard Egan, billionaire founder of Hopkinton’s EMC Corp., has hopped on former New York City Mayor Rudy Giuliani’s bandwagon.

Egan, who led a record fund-raising effort in Romney’s 2002 gubernatorial victory, is now Giuliani’s Massachusetts finance chairman. In addition to his clout in the Bay State, Egan, a former ambassador to Ireland, is a force on the national GOP scene and was one of President Bush’s top fund-raisers.......

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