Romney defends record at Bain

Jan 20, 2012, 1:34 AM

NORTH CHARLESTON, S.C. (AP) – Former Massachusetts Gov. Mitt Romney is defending his work at Bain Capital saying his firm’s investments created thousands of jobs.

Romney also cast criticism of Bain as criticism of the free enterprise and capitalism.

Romney says Bain Capital’s investments helped four businesses create about 120,000 jobs. He acknowledges that some of the companies his former firm invested in cut jobs or closed but says overall his firm has created far more jobs than its cut.

Romney says people who criticize what Bain does are criticizing free enterprise. He says there’s nothing wrong with making a profit and says capitalism is what makes America strong.

(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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