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Detailed text transcripts for TV channel - FOXNEWS - 20120515:17:34:00

spokeswoman said no one is questioning private equity as a whole, but then went on to say, it is legitimate to question whether those are values america needs in a president. i mean, which is it? well, first of all, lars, i wore it just for the vampire deal, blood red lipstick for you! and if the president is not doing so well in the polls then mitt romney is crying because they re neck and neck. that being said, this is not from the president an attack on private equity. and i know what you re saying, it s been said, megyn, but we have to remember, the ceo of the blackstone group is not running for president. mitt romney is. mitt romney himself said listen, i m not a politician. i m a businessman. and when i was head of bain capital, this is what i did, falsely claiming to create 100,000 plus jobs. this is how i would run america. i think it s fair that his ponent, being the president, points out to the american people what they would get if they had the former head of bain capital

Detailed text transcripts for TV channel - FOXNEWS - 20120515:17:37:00

honest about it, lars dear. but when i don t hear the president saying private equity, very bad, i m not going to take money from them. i m hearing listen, my opponent is saying when he ran this company in the private sector, he was so successful, lars, you re right, he wasn t there for some of the closures and jobs shift overseas but was that the case for american pad and paper, was that the case for dd corp and can we ignore that blackstone group just saved a refinery in delaware city, saving over 700 jobs? megyn: quickly lars. leslie, let me tell you something, the fact is the way you save companies is by making changes. sometimes that means adding employees and sometimes that means employees have to go. it s the way business gets done. so if the president thinks it s dirty for mitt romney, governor romney, to have been associated with a company that was engaged in that kind of business, why is it suddenly clean for the president to be out getting money from people who do exactl

Detailed text transcripts for TV channel - FOXNEWS - 20120515:17:35:00

their country. megyn: go ahead, lars. i have to tell you something. number one, the claim of 100,000 jobs, creating staples alone, which was the creation of romney and the team at bain, created 90,000 all by itself and this is exactly what private equity does, it buys troubled companies, it tries to improve them, in some cases, the companies are so troubled that they end up going out of business. nobody buys a company intending to lay off the workers and stop making the product. that s not how you make money. but if the president honestly has a problem and he s saying so through his ads, with companies that buy other companies and then try to improve them to make more money and more profit which is the only job they have, blackstone does the same thing that bain did, and by the way, let me point out that romney had left bain2 years , two years after this worker was featured in the ad, he left two years before and let me point out as well, one of the key officers of bain, who was part

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