“I’m independent of Wall Street,” Romney said.
“I’m independent of Wall Street,” Romney, 64, said in an interview with Bloomberg Television airing today. “By the way, I haven’t ever worked on Wall Street.”
Romney, who made his fortune at the private equity firm Bain Capital LLC he helped found, said Wall Street firms were merely “service providers” to his company. The second-time Republican presidential candidate also argued he had created more jobs than he eliminated in lucrative deals that sometimes resulted in layoffs.
“The jobs created at Bain Capital by companies that we helped start or that we helped manage, those companies today employ well over 100,000 more jobs than, than those that were lost,” Romney said.
read: http://www.bloomberg.com/news/2012-01-07/romney-denies-wall-street-ties.html
In today's New York Times, Krugman writes:
"The point is that Mr. Romney's claims about being a job creator would be nonsense even if he were being honest about the numbers, which he isn't.
"At this point, some readers may ask whether it isn't equally wrong to say that Mr. Romney destroyed jobs. Yes, it is. The real complaint about Mr. Romney and his colleagues isn't that they destroyed jobs, but that they destroyed good jobs. …
"The jobs that were lost paid more and had better benefits than the jobs that replaced them. Mr. Romney and those like him didn't destroy jobs, but they did enrich themselves while helping to destroy the American middle class."
read more: http://www.nytimes.com/2012/01/06/opinion/bain-barack-and-jobs.html?pagewanted=print
DNC: Romney's job creation claims are fundamentally dishonest
http://www.democrats.org/news/blog/3719
Special report: Romney's steel skeleton in the Bain closet
http://www.reuters.com/article/2012/01/06/us-campaign-romney-bailout-idUSTRE8050LL20120106
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