business news in context, analysis with attitude

Lee Scott, the former Walmart CEO who remains with the retailer as chairman of the executive committee, has become an operating partner at Solamere, a private equity and venture capital firm.

The Wall Street Journal notes that Solamere “was founded in June 2008 by Taggart Romney, the eldest son of Mitt Romney, and Spencer Zwick, who served as campaign finance manager for Mr. Romney's 2008 presidential bid.”
KC's View: