This transcript is automatically generated
Officials -- the cancer Republican presidential candidate Mitt Romney and riding naked aggression congressman Paul Ryan tallying.
Worried Wall Street donors about their game plan to unseat president Fox Business senior correspondent -- desperate as the latest from inside.
This both as the bill -- after Paul Ryan was named as running man made made him before -- -- -- the plan essentially staying the same.
Romney campaign is fielding a lot of calls from Wall Street executives worried about they're not defending his being record allowing those attacks are going to -- and still -- those.
Attacks go he go -- he did and here's what we or undefended.
And they think they have a pretty good record defense I mean from Mitt Romney when he is that being created a lot of jobs Staples a big a big.
A big company that the sports authority and other big company that they finance and they could -- a good record here's what -- campaigns in the cinema one just don't hold your horses.
Give us till after the convention we do not want to get into protracted battle over -- tit for tat with the president.
Over how many jobs you can we -- how many job as we didn't we want to keep -- focus on bigger economic issues.
And here's the money the money shot as far as they're concerned post convention.
And maybe when the convention.
Is just about over they are telling Wall Street executives to expect hundreds of millions of dollars of attack ads on the president.
Those attack ads are generally going to be focused in the battleground states.
But they are saying that when that happens that as long as they can keep it kind of close until then.
The convention I believe is in two weeks it's in Tampa.
It's at the end of the end of August if they can just keep a close here Paul Ryan is helping him keep a close.
That when that happens the debate is gonna -- you -- -- could hear so much about being maybe not even admit that maybe not so much Medicare but you're gonna hear a lot.
About the economic record of this president and it's going to be blasted in what they say.
Hundreds of millions of dollars and attack -- it's something that obviously John McCain did not have did not have the money to do they do have the money.
Well let's see what happens in the meantime our east present all -- -- -- more from private equity representatives.
In the industry kite that's really explain first and foremost what they does -- -- this is going back a couple of weeks already -- -- I I think it's.
Along these lines they did not want to get into protracted and you know of tit for tat.
He -- President Obama going up -- use in the -- of the -- Oval Office to attack private equity.
You know lot of these guys there are shell shocked as it is we should point out that private equity is so much different than the banking business that receive the balancing private equity.
Is private money they gets put -- companies sometimes they make money sometimes -- -- when they don't make money they lose at all generally when they do make money.
Well guess what happens the upside is very big that's would.
Did Mitt Romney did in in the private sector created a lot of jobs had some clunkers obviously steel mills and things like that that didn't work out by the way.
Those are cut those of businesses that -- work out anyway right it was a roll the dice.
But would put private equity -- Wall Street is worried about is that.
He's not defending that record what he's coming back and saying it's not worth defending in this is the -- in -- private equity -- who's gonna take it on the chin.
Bought that -- -- -- it's not worth worth defending right now getting it for a tit for -- and just you know the best is yet to -- -- -- this comes.
Jury after the convention where hundreds of millions of dollars and tones of telling Fox Network.
Gets unleashed focused on battleground states largely aimed at Obama's record president Obama's record or or or lack there of a record.
In in terms of the economy so stay tuned they say.
This is going to be pretty big stuff when it comes and it until the convention this summer -- I think Wall Street is this full throttle behind Romney now is it was behind well Obama something it's something that we reported its kind of you know it's been out there when we we were essentially the first reported couple years ago when.
I you know pres Obama had a big that was last year prison while last summer at a fairly big fund raiser at Daniels posh.
Now swanky restaurant on the upper east side of Manhattan.
Where it was you know noticeably absent.
All his Wall Street supporters from the -- yes there were private equity in some hedge fund guys here with the heads of the big banks which lined up.
In his Cornel West -- most notably Jamie Dimon.
I I try to Christie would not we we we did would they would let me get and we did we did we did film both -- -- FNC it's an FBI it's from outside.
And no Wall Street nobody from the big banks.
And it was a sort of foreshadowing of what happened if you look at the EU and the money and we've covered is quite regularly much more money is going.
From Wall Street to the Obama campaign excuse me to around campaigning Obama can't can't be about 180 from that 2000 -- And Goldman Sachs is one of the big leading it may be -- I haven't checked the records lately.
But had been up into a couple months of the leading Romney contributor when they were -- leading Obama contributing to doesn't I should say this though they were number two.
Only beat by -- the ultra liberal University of California system.
So they -- -- it's a 180 Wall Street's behind and they're just worried that he's not defending it.
And -- surprise when you know listen Wall Street guy should be running campaigns you know big the big -- stuff now maybe not so good right.
But the Obama people -- -- -- running dipping to go there's a method to their madness they don't wanna get the tit for -- And stay tuned they're gonna be hammering him after the convention would a lot of its hundreds of millions of dollars and number really caught my my my mind my saying that's -- -- Monday that is huge.
Obama's I was gonna have is is money to -- -- They are waiting until after the campaign where they turn on this turn on the other jets and and we'll see what happens we shall stay on -- thanks for now Charlie.
-- OK we have breaking.