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New Obama OMB director a Bain alum

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Jeffrey Zients will serve as President Obama's new acting director of the Office of Management and Budget (OMB), but the president's decision might undercut attacks on Republican Mitt Romney's career as a venture capitalist, because Zients and Romney are both alumni of Bain & Company. "I'm pleased to designate Jeff Zients to lead the Office of Management and Budget....

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