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Wednesday, January 18, 2012

Jeffrey Zients is Obama's new acting director for the Office of Management and Budget. He is also an alum of Bain & Co. He will replace Jack Lew, a former Citigroup mortgage derivatives trader, who has moved on to become Chief of Staff for the White House. Remember all this when Obama starts criticizing Romney later this year for his extensive history with Bain. You can be sure most of the media won't.

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