Romney's Bain Record Has Private Equity Under The Microscope

09:31

January 18, 2012

Thomas S. Monaghan, founder of Domino's Pizza, Inc., left, and Mitt Romney, then-managing director of Bain Capital, Inc., sign an agreement for Monaghan to sell a "significant portion" of his stake in the company to Bain Capital, in 1998. (AP)

GOP hopeful Mitt Romney's days as head of the private equity firm, Bain Capital, have become an issue on the campaign trail-- and they're coming up in South Carolina, ahead of Saturday's primary there.

Bain invested in at least two South Carolina companies in the 80s that ended up shutting down factories in the state, and laying off hundreds of people.

New Yorker: The Bain Bomb, A User's Guide

Guest:

John Cassidy, reporter for the New Yorker

This segment aired on January 18, 2012.