So this challenged my patience for sure.  Seems like you should be able to use Garageband and save as MP3.  I am going to explore that more.  I ended up playing the recording I had done during the conversation and capturing it using WireTap Studio (http://www.ambrosiasw.com/utilities/wiretap/).  Seems like a cool little program, but the fact that you have to use multiple programs to accomplish the task annoys me.  Guess I will record live using WIreTap next time.  Lesson Learned!!