AP News
Posted: Sep 05, 2012 9:46 PM

Republicans had their business executives last week praising Mitt Romney. Democrats countered with their own Wednesday night.

Jim Sinegal, co-founder and former CEO of Costco, said he was supporting President Barack Obama because he's "making an economy built to last."

"Business needs a president who has covered businesses' backs. A president who understands what the private sector needs to succeed. A president who takes the long view and makes the tough decisions," Sinegal said.

Austin Ligon, co-founder and former CEO of CarMax Inc., expressed his appreciation for the bailout of auto industry giants GM and Chrysler.

"That didn't just save the car companies — it helped prevent a domino effect that would have taken down everything in the auto industry, from the factories that manufactured auto parts to the dealers who sold the cars," Ligon said.

— Donna Cassata — Twitter


EDITOR'S NOTE — Convention Watch shows you the 2012 political conventions through the eyes of Associated Press journalists. Follow them on Twitter where available with the handles listed after each item.