Newt Pivots Back to Bain

(Allison Joyce/Getty Images)
(Allison Joyce/Getty Images)

In reply to a question at a Columbia, SC business forum Tuesday, Gingrich returns to attacking Romney’s CEO tenure, accusing the frontrunner of bankrupting companies and “walk[ing] off with all the profits.”

Georgian: “I think this is one of the bigger acts of baloney in modern times….The Bain model is to go in at a very low price, borrow an immense amount of money, pay Bain an immense amount of money and leave. I’ll let you decide if that’s really good capitalism. I think that’s exploitation.”

Related Topics: Newt Gingrich, 2012 Elections, News, Republican Party, The Page

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