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Detailed text transcripts for TV channel - MSNBC - 20120715:11:05:00

in some ways it is a phony distinction. but in some ways it isn t. that s why we re litigating and fighting over it. after 99 bain made some investments in certain companies that were involved in outsourcing jobs to china, india, and mexico. and so mitt romney is trying to basically claim that he wasn t involved in those sort of decisions. even though he still owned the company, even though he still benefited from that company, and even though he put the company on that path, he s trying to separate himself from those particular deals and there were some bankruptcies, too, in companies that happened after that stage. that s why he s trying to make february 1999 this bright line. but i had a story out just yesterday, michael, that had bain in 98 when romney was the head of it investing in a chinese manufacturing company that was making money off u.s. companies outsourcing jobs to them. so even prior to this 99 bright line, there are lots of problems

Transcripts For CNNW State Of The Union 20120715

fact that the president has been a failure when it comes to reigniting america s economy. the romney pushback with senior adviser ed gillespie, then obama campaign senior adviser david axelrod. and the states brace for federal cuts. the view from the governor s office with virginia republican bob mcdonnell and massachusetts democrat deval patrick. plus, floods, fires, and drought. what it means for farmers and your grocery bill with agriculture secretary tom vilsack. i m candy crowley, and this is state of the union. in an election about the economy, the obama campaign has made it a mission to discredit mitt romney s business k credentia credentials. recently it zeroed in on filings to the s.e.c. from bain company tal listing romney head of bain three years after he said he left bain. it s important because camp obama is using some of the bain investments during the disputed time against romney. i think most americans figure if you re the chairman, ceo, and presid

Transcripts For CNNW State Of The Union 20120715

federal cuts. the view from the governor s office with virginia republican bob mcdonnell and massachusetts democrat deval patrick. plus, floods, fires, and drought. what it means for farmers and your grocery bill with agriculture secretary tom vilsack. i m candy crowley, and this is state of the union. in an election about the economy, the obama campaign has made it a mission to discredit mitt romney s business credentials. recently it zeroed in on filings to the s.e.c. from bain capital listing romney as head of bain, up to three years after romney says he left bain. it s important because camp obama is using some of the bain investments during the disputed time against romney. i think most americans figure if you re the chairman, ceo, and president of a company, that you are responsible for what that company does. obama s deputy campaign manager upped the ante considerably this week telling reporters the s.e.c. documents show essentially romney as either a liar or

Detailed text transcripts for TV channel - MSNBC - 20120714:09:05:00

significance of 1999 versus 2002. in some ways it is a phony distinction, and in other ways it isn t. after 1999 romney made some outsourcing to jobs so romney was saying he was not involved in those decisions. even though he still owned the company, even though he benefited from the company and put the company on the path, he s trying to separate himself from those particular deals. and there were bankruptcicies in that stage. that s why he s trying to make february 1999 this bright line. i had a story out just yesterday, michael, that had bain in 98 when romney was the head of it investing in a chinese manufacturing company that was making money off u.s. companies outsourcing jobs to them. so even prior to this 99 bright line, there are lots of problems at bain and lots of problems

Detailed text transcripts for TV channel - MSNBC - 20120714:09:10:00

well, you know, he has the option of saying, i departed, it was chaotic and it took us two, three years to start things out. but that s not what he s saying. he s saying that he had nothing to do when i was the first to report that he signed documents, he died them. his name was not just there, but he signed documents that enabled a $75 million deal to go through. this is months after he supposedly left the company. he did declared on his financial disclosure form, i ll have a story on this in an hour or so and put the link on my twitter feed, but he signed a financial disclosure statement saying that in no way, not in any way was he involved in bain operations after february 1999. but there are these examples again and again of him signing records. now that s being involved. i m not saying he s running things day to day as the boston globe guy said, but he was involved. the big thing again is he s not going to be able to put this behind him. any story yesterday about his chinese

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