Now, watch for it folks.  When Tyler is asked a direct question, he goes into the typical politician mode and avoids the answer.  His excuse for Gingirich doing the same thing as Romney is accused?  "people should want to know [what] his record is with jobs".

My question is then - why is it ok for Gingrich to participate and not Romney.  Hypocrites!

The link below takes us to page three, where THIS actual conversation took place.

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WALLACE: We got a couple of minutes left, Mr. Tyler. Are you aware that Newt Gingrich was a member of the board of advisers of another private equity firm Forstmann Little between 1999 and 2001?

TYLER: Yes, I was. I've met Teddy Forstmann and, you know, he's a wonderful individual. I know the firm well. A friend of mine worked there for years.

I don't have a problem with private equity firms.

WALLACE: Well, let me ask you about that, because exactly during the time that Newt Gingrich was there, did you know that Forstmann Little invested billions of dollars in two telecommunication firms, McLeod and XO Communications, that both went bankrupt and that Forstmann Little was sued by public employees unions, pension funds, rather, in Connecticut?

TYLER: And I'm sure if Teddy Forstmann ran for president, that would be an issue. The issue here is what Romney is saying?

WALLACE: But why was it OK for Newt Gingrich to be a part of Forstmann Little?

TYLER: I don't have a beef with private equity firms. I have a beef with Mitt Romney's record. I have a beef with this record on life, on marriage, on jobs, on taxes.

Why is it surprising -- Chris Chocola, by the way, of all people, should want to know what his record is with jobs. I --

WALLACE: Do you think it's legitimate issue that Newt Gingrich was a member of the equity firm that invested in companies that went bankrupt and that he was sued by the Connecticut public workers fund?

TYLER: Chris, this is politics. People are going to bring up lots of different issues to try to connect the dots. Mine is simple. Mitt Romney says he is a job creator. This is about jobs in South Carolina. People ought to know that he is not a job creator.

WALLACE: Did you know that in his most recent financial disclosure form, Mr. Gingrich indicates that he still has money invested in Forstmann buyout firm?

WALLACE: You don't see a contradiction between the fact that Newt Gingrich is invested in enforcement (ph) buyout funds and worked for -- and was paid by enforcement (ph) -- and you are sitting here criticizing what Mitt Romney did at Bain?

TYLER: I'm criticizing what Mitt's utterances are. If Newt said, I helped create 11 million jobs, I can back that up, because while he was Speaker they did create 11 million new jobs. They paid off $400 billion worth of debt, they balanced the budget in four years, and they reformed Welfare. That's a record to run on.

Mitt Romney doesn't have a record to run on. He wants you not to know two things -- Newt's record and his record.

WALLACE: Very briefly, 30 percent, Mr. Chocola -- I'll give you get the final word.

CHOCOLA: Well, I mean, that's part of the fallacy of the argument, is the government doesn't create jobs. The private sector does.

I don't know how many jobs Bain created, but if they created one job, they created more sustainable jobs that grow the economy than the government does. Rick Tyler bought this film. He didn't make it. He didn't do his homework. He didn't determine the voracity of it.

He continues to offer it even though it's been universally discredited. It's not an examination of Mitt Romney's record, which should be examined. It's simply fiction, and that's the bottom line.

WALLACE: We're going to have to leave it there.