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Detailed text transcripts for TV channel - MSNBC - 20120528:11:04:00

Robert. amped. there were 350 workers. it went bankrupt, went out of business. sometimes you and i know it s inevitable. sometimes private equity fails. the workers lost their jobs. but the investors took $100 million out. the workers also lost most of their pension and retiree health care benefits. did anybody think to ask the investors, hey, guys, let s take $80 million out in profit. that s a thighs profit. and let s leave $20 million so these workers can have their pensions, or at least a substantial pension, workers who worked for the company and gave their all. that s a value question, and i think that s worth asking. when we look at it from that type of standpoint, governor, this was all about business and the bottom line. bain can say that there was a byproduct in certain instances where there was job creation. however, this really was about profit making for the uber rich, the investors that had deposited their money with bain. but as we look at the democrats ....

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