Also in this playlist...
This transcript is automatically generated
Quite a bit but this gentleman along with a couple of others -- a former Bain worker.
Raised a different perspective on the so they'd -- from experience of it is that it wasn't s.'s early.
A good for him and others who worked at Bain and nor whether disadvantageous.
-- Mitt Romney is presenting -- David -- of posters.
Featured in this inside -- video that.
That was running he worked for the -- a company owned by -- capital ties to clarify.
So you think the Mitt Romney gets a pass on the so Bain Capital equipment.
Well I think he should be criticized for the things that when Ryan Bane than you should be held accountable for like what went on the job losses that a company like GS he still.
-- loaded it up with -- debt paid himself back profits immediately out of the borrowed money that financed the acquisition.
-- had nothing at risk -- he -- the company up with additional deaths of the and of a decade half a billion dollars worth of debt.
That company couldn't survive that was reckless management.
It was the failure of the company that didn't group that failed -- was the loss of 750 jobs in this.
Underlining the need to happen blame NN day I think blame him whatever it is they -- -- -- -- you were on the life support and without it.
So that you would -- died -- That's that's simply not true Roger -- -- who is the original.
Manager for the company -- -- that if they didn't reduce the amount of debt from the company it could not survive -- he wouldn't stay around has.
CEO of the company they refuse to lower that that he left the company crashed and burned so I think the record is pretty clear.
This was a case of bad management and reckless decision making and I think it's especially telling.
That at a time when the country is focused.
On saving the solvency of social secure.
That we should turn to an executive who made money by destroying help parent.
You know by David -- -- says he has said.
He has created for more jobs -- laws.
And whatever it was risk was ripped through Friday capital not taxpayer dollars -- -- to deeper public good the bad with the president and mid.
-- well in the case suggested that simply wasn't true because when the company went bankrupt.
The pension plan wasn't hurt taken over by the PBGC the federal government and so Romney and Bain shoveled off a lot of bad debt on for the public.
Right David -- through the Romney folks equivalent but.
I do want to get you back again David Foster.
Filter by section