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Conard: He Has to Embrace Bain, Capitalism

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  • Description

    Former Bain Capital Managing Director Ed Conard on Romney’s business experience.

  • Duration 2:17
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This transcript is automatically generated

And here's Ed at Carter of course fellow knows that figure to as a -- executives in his own right -- good to have you back when this I don't think they'll com.

He is embracing -- is that he's not running away from apply -- -- -- a bad thing.

I think yes and great fan and -- -- embraced capitalism and he's got to show that that's what rises people up and creates jobs -- say in common enemies.

It's really drives our our society.

Slowly do you think that you could overcome did did into the median prices -- nice distressed -- because I agreed I don't think.

Americans feel this way that.

This this is out for business and out from making themselves richer.

And staying with the classic example -- -- -- Republicans want to embrace it had value.

Wrong well I think people have to recognize that what makes -- -- successfully serving customers and -- that that's what pays off investors and you have to do that more successfully.

Than competitors -- competitors.

Their tails off to do it more successfully -- you -- real business really isn't service to customers.

And -- -- the customers everybody watching the show everybody out here it's not so it's an abstract south but I think the people that understand that.

We'll be supportive.

It's -- single -- Days as a ruthless firms in its early days the way it went out -- company.

Shutting down we.

Elements weaker factors what have you.

That a little too much so because that's that was to be counted in the fall debates yeah I think not even close I think if you wanna win a horse race you get the strongest horse that you teach you how to run fast you don't give a -- is -- and -- -- So it's every now and then we make no mistake in my Alain -- and really have to take some -- -- Steps to make -- make -- run as fast again but -- more on a lot of money into the company that's not successful and you're creating value for the customer not for the investors.

You get the fastest horse you teach -- how to run faster.

That's how you create value for investors -- varies -- hard together.

And I think that's -- that -- people don't realize liberals especially when how difficult it is to put money into the pockets of investors and how much you have to serve the customer.

In order to be able to do it there's very few people that.

Then I think truly appreciate.

-- -- -- -- -- -- -- -- -- -- -- -- Soon after they are bracing get there are doing -- -- you know there are much in very nice.

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