On Friday, July 13, 2012, presumptive GOP presidential nominee Mitt Romney sat down for interviews with all five networks following several days of heightened criticisms over his time at the private equity firm Bain Capital. Romney defended his work there to CBS News chief political correspondent Jan Crawford, and said the president owes him an apology for his campaign’s “reckless and absurd” accusations. Below is a transcript of the full interview. Video clips are also available at CBSNews.com.


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JAN CRAWFORD: Governor Romney, the Obama campaign is saying that you either committed a felony by lying to the SEC or you are lying to the American people about when you left Bain capital. What do you say to that?

GOV. MITT ROMNEY: Well, I think this kind of statement from the Obama team is really shocking, it’s, it’s ridiculous, and it’s beneath the dignity of the presidency. Look we just had a report come out that millions of Americans remain unemployed. We have 8.2 percent unemployment. That’s the 41st straight month we’re above eight percent and the president’s campaign comes out with these ridiculous charges that obviously every fact checker that looked at it has said it’s absurd. And yet they keep on pushing it. I simply – I simply think the president has to recognize that this should be a campaign about the direction of the country, and these personal attacks have to stop.

CRAWFORD: But you say it’s ridiculous. But why is there this discrepancy? You said you left Bain in 1999 yet Bain is listing you as CEO up until 2002, so why were you listed as CEO until 2002?

GOV. ROMNEY: The documents show that there’s a difference between ownership, which is I owned shares in Bain, but I did not manage Bain. I left as everyone knows to go out and run the Olympics in February of 1999. I was full-time running the Olympics. I had no role whatsoever in the management of Bain after I went off to the Olympics. And that’s been demonstrated by people who work at Bain, by all of the documents, but I still retained an ownership interest, I had the capacity if I were not on leave, if I were actually wanting to run the business to do so, but I did not. I left. And that’s been demonstrated time and time again.

Read more at CBSNews.com.

Photo Credit : Gage Skidmore (Creative Commons)



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