Detailed text transcripts for TV channel - MSNBC - 20120515:22:05:00
Problem. part of what bain did is venture capital, investing in startupes. that's why he talks about staples. but other part it did is what i call buyout, take over and take down. you grab a company, strippous the assets. fire workers, cut their benefits and take millions out for yourself thep the company ultimately goes bankrupt. that happened over and over again. you know what makes that spot you showed so powerful and i saw this in 1994, those guys are reagan democrats talking to other reagan and blue collar demuates and they crystallize this issue. and that is who will stand up for the maj...