This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Eric Fehrnstrom's Journey to The Dark Side

Stocks in this article: TJX

"Working at Hill Holliday was an eye-opening experience that exposed me to all the different facets of communication -- from creative advertising, to Internet marketing, to media buying and brand strategy. It was a valuable education," Fehrnstrom wrote in an email to TheStreet.

Connors said Fehrnstrom did great work at Hill Holliday and was disappointed when he eventually left the agency to work for then-gubernatorial candidate Romney in 2002.

Connors is an active Obama fundraiser: Records gathered by The Daily Beast show that he and wife Eileen have bundled between $50,000 and $100,000 for the president's 2012 run, and between $100,000 and $200,000 for the 2008 race.

Fehrnstrom's fiercely loyal personality showed similar commitment to Connors in his fundraising for the Democratic Party. In fact, Federal Election Commission records show that the former ad agency spokesman made two $500 donations in 2001 for Kerry's 2002 Senatorial campaign.

FEC records show $500 donated to the Kerry Committee on June 30, 2001. An identical contribution was sent to the Kerry campaign on Dec. 5, 2001. The FEC filing lists Fehrnstrom's employer as "Hill Holliday" under his second contribution.

During Connors tenure as CEO, Hill Holliday jointly held accounts for advertising and for politics.

Connors and Kerry are long-time friends. At the time Fehrnstrom made his contributions to Kerry's campaign, the former ad agency head was probably having a fundraiser for the senator and asked some of his staff to show support through a contribution, Connors recalled.

A Romney campaign official said on background that the Hill Holliday CEO asked Fehrnstrom to write the check, and that he wants a refund.

"Did I force him or anyone else to write a check? Never. If somebody ever said 'no' to me, I never held it against them," said Connors. "I never forced anybody to write a check, I'm very comfortable with that."

Other Democratic operatives have expressed respect for Romney's trusted adviser beyond the $1,000 he gave to the party.

"While Jack Connors is a well-known Democrat, they knew how to take care of their accounts ... and he was good to Eric," said Michael Goldman, a Democratic operative in Massachusetts. "Eric is a very talented kid, in fact, I was a little bit surprised when he slid out of there to go to work for Romney, but he always sort of wanted to go back into politics."

2 of 3

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,356.87 +288.00 1.69%
S&P 500 2,012.89 +40.15 2.04%
NASDAQ 4,644.3120 +96.4780 2.12%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs