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12.30.2008 3:31 pm

Blunt’s next gig: Investing with Mitt Romney’s son

St. Louis Post-Dispatch
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Blunt

Blunt

Gov. Matt Blunt has his next career move lined-up: High-finance with the scion of a key political ally.

Solamere Capital, based near Boston, announced this afternoon they have hired the outgoing governor as a senior advisor effective Jan. 13, the day after Blunt leaves office.

The firm was co-founded by Taggart “Tagg” Romney, 38, oldest son of Mitt Romney, the former Massachusetts governor who sought the Republican nomination for president this year.

“Gov. Blunt’s achievements in managing difficult and complicated budgets are appreciated in Missouri and across the country,” Tagg Romney said in a joint statement with his three other partners. “We are very pleased he has agreed to join us.”

Blunt was an early supporter of Romney’s presidential bid. He helped the governor raise cash, and joined Romney and Republican super donor Sam Fox in a fishing trip in Alaska in 2006.

The older Romney himself earned a fortune with his finance firm, Bain Capital, before entering public office.

Tagg Romeny’s firm was, according to its website, “formed by a collection of influential industry leaders … to identify premier private equity opportunities by leveraging their unparalleled networks, business expertise, and access to compelling opportunities.”

Earlier, a California auto salvage company, Copart, announced it was adding Blunt to its board after he moves out of the governor’s mansion.

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20 comments

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Glad to see he is moving to Boston

— Tanya
3:56 pm December 30th, 2008

This is sort of the modern day equivelent of being knighted in our system of political royalty. Rise, Sir Matt and go forth and End poliical royalty in America.

— jjk
4:23 pm December 30th, 2008

He’s doing more business on our dime for himself for after he’s out of office, than he did on our dime FOR us as a state. Nice to know our tax dollars are supporting a corrupt Governor find a job somewhere else. Like father, like son.

— whocares66
4:23 pm December 30th, 2008

Well he said he had accomplished everything he set out to do. That obviously was to pave the way for his future. Sounds familiar to someone in Illinois doesn’t it?

— nonna2000
4:43 pm December 30th, 2008

Good for Governor Blunt. Now he has someone to play “Tagg” with.

— Goat Daddy
4:52 pm December 30th, 2008

I helped you fund raise and support your campaign - I get a job. How is this different then “I appoint someone to an open Senate seat - I get a job/campaign money”. Oh, I get it, he’s not caught on tape dropping the “F bomb”. And what’s with these Republican names?? Mitt, Tagg, Trip, Track, Saxby, Orin? Sounds like a litter of ‘coon dogs.

— TomA
5:29 pm December 30th, 2008

What morons but I am glad that the Governor’s success causes you such pain even if you have to lie to deal with it.

Happy new year! May you have many more discomforts.

— jackson
5:52 pm December 30th, 2008

“…the Governor’s success…”
Solamere looks like a place for the family and friends of wealthy conservative scions to park themselves while seeking new “investment opportunities” (fund raising for campaign?). This allows them to look like they are doing something when all they are doing is running their firm with someone else money.

I wonder just what their investment opportunities are in the current market — foreclosed mortgages and funds from the Treasury?

— RHarnack
8:19 pm December 30th, 2008

At least Matt Blunt is quietly exiting- no grandiosity.

— Office Space
8:26 pm December 30th, 2008

Good to see he got this gig. 4 years of surplus budgets and low taxes in Missouri - pretty damn solid financial record if you ask me.

— Jim Jones
8:52 pm December 30th, 2008

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