The private equity firm co-founded by presumptive GOP presidential nominee Mitt Romney “fired a lot of people” to get “prosperity for the rich,” CNBC analyst Jim Cramer said during an appearance on Meet The Press this morning. During a panel discussion on the effectiveness of an ad from President Obama’s campaign highlighting Romney’s past at Bain Capital, which bankrupted nearly a quarter of the companiesin which it invested while making billions of dollars, Cramer said the firm’s past earned Romney a reputation as a “job destroyer, not a creator.” Watch it:
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