The Corner

Gingrich Spokesman Stands Firm on Romney Criticism

Newt Gingrich’s campaign has released the following statement from press secretary R.C. Hammond in response to a Politico story that alleged Gingrich was walking back his criticisms of Bain Capital:

“This issue at hand is neither about Bain Capital, private equity firms, nor about capitalism.  It is about Mitt Romney’s judgment and character.  It was Governor Romney’s decision to base his candidacy, in large part, on his background as a portfolio manager.  Thus, it is entirely legitimate to ask questions about whether he is accurately presenting how he conducted himself during that career. 

“Reports by the Wall Street Journal and others contradict Governor Romney’s claims that it was his goal at Bain Capital to make companies more successful.  In fact, there were cases where Bain Capital made huge profits and left companies bankrupt.  Further reports have cast doubt on Governor Romney’s claim that he was responsible for 100,000 jobs being created thanks to his work at Bain Capital. 

“Instead of accepting the responsibility to answer questions about his business background, the Romney campaign is throwing up a smokescreen about an attack on capitalism.  That’s just more pious baloney from Mitt Romney and his campaign.”

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