Romney Event Hosted By Hedge Fund Sex Partier

Leder says he hasn't seen the video yet
By Kevin Spak,  Newser Staff
Posted Sep 18, 2012 2:15 PM CDT
Romney Event Hosted By Hedge Fund Sex Partier
Mitt Romney speaks to reporters in Costa Mesa, Calif., on Monday.   (AP Photo/Charles Dharapak)

Mitt Romney probably wishes you hadn't heard his impolitic talk at a closed-door fundraiser, and he's probably also hoping you don't hear much about the man who organized it: Private equity manager and Philadelphia 76ers co-owner Marc Leder. Mother Jones points out earlier reports painting Leder as a rich, libertine sex fiend. According to the New York Post, Leder held weekly parties last summer at a $500,000-a-month rented mansion "where guests cavorted nude in the pool and performed sex acts."

How did Leder get the fortune for such a lifestyle? An old New York Times report says he patterned his career after Mitt Romney's, and now "personifies the debate" over private equity—20% of the companies he bought went belly up. Leder issued a statement today confirming that he hosted a fundraiser "for an old friend in May," and stressing that he'd supported people from both parties. He said he hadn't seen the video, Fortune reports. Mother Jones released the entire, unedited video this afternoon; it's available here. The site also posted info on some of the fundraiser's other attendees. (Read more Mitt Romney stories.)

We use cookies. By Clicking "OK" or any content on this site, you agree to allow cookies to be placed. Read more in our privacy policy.
Get the news faster.
Tap to install our app.
Install the Newser News app
in two easy steps:
1. Tap in your navigation bar.
2. Tap to Add to Home Screen.