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Detailed text transcripts for TV channel - MSNBC - 20120826:19:17:00

presidential nomination begins in 1947. that s when he was born to george and his wife, lenore. lenore had sign ad contract with mgm but gave up her movie career to be a full-time mom to four children. before his political are a rear george was a successful businessman and turned around american motors in the 1950s by launching a small fuel efficient car called the rambler. the rambler still brings a smile to mitt s face whatever he runs into it the campaign trail. mitt comes of age during the wonder years of the 50s. time of elvis and eischic eisch he grew up as a son of privilege. and family of prominence and significant wealth. and a lot was expected of him. as the 50s meld into the 60s he gets his first taste of politics. campaigning with his dad during miss first successful run for

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Detailed text transcripts for TV channel - MSNBC - 20120826:19:23:00

nomination. especially in iowa. do you feel like you are getting a better reception from evangelical this time? well, i think so. i mean, as i go across the country, as i meet with evangelical groups, i get great support for a number of them. and don t think that religion is going to play as big a role as some felt it may have last time. despite his reticence to discuss his religion, romney s faith runs deep. very deep. somebody not just been a member of the mormon faith, this is somebody has been a missionary for the mormon and mentored human beings for the morm mormons. this is the deepest part of him. a very deep faith. what also runs deep is the romney family history with the latter day saints. the story of mormonism is in many way it is story of the romney family and vice versa. mitt s great great grandfather, miles romney, was living in

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Detailed text transcripts for TV channel - MSNBC - 20120826:19:33:00

after a few years p. the company s ceo and founder bill bain asks romney to head up a spin-off, bain capital. mitt was hesitant. he was making a good salary and had a growing family and essentially said no and bill bain said run this new company called bain capital and if it fails i will bring you back to bain & company so you can t lose. bain capital initially invests in startup companies. in 1986 after tough two years, bain strikes it big. we invested in staples early in the year and staples in short order started doing well and helped start sports authority. all within a six-month period. romney helps launch staples not only with money but with business and strategic advice. this could be a store. it loose like it can be big. our lead investor and lead investor in the early stage company is very important.

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