How Bad is Bain? Chris Hayes and Co. on Mitt Romney and Private Equity

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Obama ally and New Jersey Mayor Cory Booker has now walked back criticism of an Obama campaign ad that targeted Mitt Romney's record at the private equity firm Bain Capital.  “I have to just say from a very personal level I’m not about to sit here and indict private equity,” Booker had said on Sunday, adding that “this kind of stuff is nauseating to me on both sides.”

But with the Obama campaign still in full Bain attack mode, the debate on the value of private equity firms isn't going anywhere. An MSNBC panel on Sunday's Up With Chris Hayes debated Bain's record -- and how (and if) Mitt Romney can effectively use the"creative destruction" argument going forward:

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