Politico ^ | 5/16/2012 | By ALEXANDER BURNS
Mitt Romney, who has been silent up to this point on the Obama campaign's extensive attacks on his private equity career, defended his experience in an interview with conservative blogger Ed Morissey, distancing himself from the closing of a steel factory at a Bain-owned company and accusing the president of talking out of both sides of his mouth on private equity.
Here's what he said:
"The most recent attacks are really off target and I think they know. They said, oh, gosh, Gov. Romney at Bain Capital closed down a steel factory. But the problem, of course, is that the steel factory closed down two years after I left Bain Capital. I was no longer there. So that’s hardly something that was done on my watch. And of course they don’t mention a couple of other things. One is that we were able to help create over 100,000 jobs and secondly, on the president’s watch, about 100,000 jobs were lost in the auto industry, in auto dealers and auto manufacturers. So, you know, he’s hardly one to point a finger. Oh, and by the way, he has no problem going out and doing fundraisers with Bain Capital and private equity people"
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