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Perry Financial Adviser Defects To Support Romney

And it's all about the recent criticism of Romney's work at Bain:
Columbia, South Carolina (CNN) – One of Rick Perry's leading financial supporters in South Carolina is defecting to Mitt Romney – and he told CNN Thursday that Perry's sharp criticisms of Romney as a "vulture capitalist" were the main factor in his decision.

Both Perry and Newt Gingrich recently began hammering Romney as a predatory capitalist who looted companies and fired workers when he was running the private equity firm Bain Capital in the 1980s and 1990s.

Barry Wynn, the former chairman of the South Carolina Republican Party and a financial adviser in Spartanburg, said the escalating rhetoric about Romney's business background is "destructive."

"It's just a dance I didn't want to be a part of," Wynn said in an interview, explaining his decision to leave Perry's campaign.

Wynn, along with a handful of other previously neutral South Carolina moneymen, will publicly endorse Romney on Thursday.

"This latest attack, it's so foreign to me, I couldn't see myself being a part of that," he explained. "I don't think you can be on both sides of free market capitalism. A big part of me being a Republican for the last 40 years is that I think it's the best hope to protect free market capitalism, the growth engine of our economy."
My emphasis.

This is a major coup for the Romney campaign, and hurts Perry on both strategy and credibility.

Head nod: Ed Morrissey

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Photo: Isaac Brekken/AP photo