DES MOINES, Iowa -- Republican presidential candidate Mitt Romney said in an interview Thursday that none of the money that flowed into Bain Capital during his time at its helm in the 1980s and 90s came from Wall Street investors, though he said he doubted that records of such matters will be made public.
"I don't believe any of the funding came from Wall Street, meaning from investment banks or the like," Romney told The Huffington Post on board his campaign bus as he barnstormed this state ahead of next Tuesday's caucuses, which kick off the Republican primary process.
"Our funding came from individuals, and then ultimately we got funding from a church pension fund, endowments -– I think our largest single investor group were endowments, colleges," Romney said. "And then we used those funds to either start businesses, venture capital, or to try and buy businesses in trouble and make them stronger. That's not technically Wall Street, that's not an investment banking function, but it is financial services."
Why would they have thought that?
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