Lots of attention has focused on Jim Johnson, who Barack Obama picked to guide the VP selection process. We have already talked about a number of the problems. It comes down to this: just as Tony Rezko helped Obama with a sweetheart deal to buy his house, Countywide Financial, which Obama rails against, helped Johnson buy his.

But there is more on Johnson. In 2001, he joined Persueus LLC as a Vice Chairman. Perseus has a number of funds. Among them:

PERSEUS-SOROS BIOPHARMACEUTICAL FUND, L.P., which Perseus co-manages, was formed in 2000 with capital commitments totaling $449 million to make investments in life sciences companies

So Perseus is a business partner with George Soros. And Johnson is the Vice Chairman ...

Incidentally, as Say Anything Blog notes, Perseus also seems to own the publisher of the Scott McClellan book:

Public Affairs Books (editor at large Peter Osnos: About The Century Foundation.)

Public Affairs Books is owned by Perseus Book Group.

Perseus Book Group is in turn owned by Perseus Funds Group, (holding company Perseus LLC). Perseus has enjoyed growth of assets over the last 13 years of 10,000% (100 x 1995 value).

Are we looking at the finance empire of the Vast Left Wing Conspiracy?

Categories: Syndicated

Related Posts


The Strategic Failure of the Obama campaign

We are one week into Mitt Romney’s selection of Paul Ryan. A number of polls are coming out telling a variety of stories about what it means. But one thing is clear: Barack Obama’s campaign has had several significant strategic failures this summer. And they failed to define Paul Ryan out of the gate with their Mediscare tactics. And they failed to define Mitt Romney | Read More »


Another businessman for the Senate: Tom Smith

One upside of President Obama’s hostility to business is that business leaders like Senator Ron Johnson from Wisconsin have come forward to share their experience. Tom Smith, the Republican Senate nominee in Pennsylvania is one of them. He is endorsed by Pat Toomey. He is up against Bobby Casey, a career politician son of a career politician. But at least his dad was willing to | Read More »


Looking downballot in Massachusetts: Tom Keyes

For the next several months, we are going to be focusing, naturally, on the Presidential race, Senate races, House races, and governor’s races. However, what happens down ballot is important too. And there is a lot of hope down ballot when we look around the country. Over the next several months, I hope to highlight races in unexpected places where Republicans can put points on | Read More »