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On-Topic BOSTON GLOBE: Mitt Romney Left Bain Capital Three Years After He Said He Did

chrisrobin

chrisrobin

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BOSTON GLOBE: Mitt Romney Stayed At Bain Capital Until 2002, Not 1999 - Business Insider

Romney has said he left Bain in 1999 to lead the winter Olympics in Salt Lake City, ending his role in the company. But public Securities and Exchange Commission documents filed later by Bain Capital state he remained the firm’s “sole stockholder, chairman of the board, chief executive officer, and president.” [...]

The Globe found nine SEC filings submitted by four different business entities after February 1999 that describe Romney as Bain Capital’s boss; some show him with managerial control over five Bain Capital entities that were formed in January 2002, according to records in Delaware, where they were incorporated.
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Tempest in a teapot? Leftist ploy by the Obama campaign? Clerical error Stay tuned.

I just happened to hear Ronald Reagan speaking from the grave. His advice to Mr. Romney:

M1. Deny everything.
M2. Say one or all of the following:

b. It depends what you mean by retire.
c. Tell everyone: 1.) I forgot. 2.) I have no idea. 3.) I wasn't in the loop.

By the way, lying to the SEC is a felony. Just sayin'.
 
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Oh oh, how will he get out of this one or will he not be able to? We all know Romney is a pathological liar but now he's a unconvicted felon. This is going to be the republican candidate for President.

If he somehow does win the Presidency, he'll be in the Big House, not the White House. He will work from the Oval Cell, not the Oval Office. :lol:
 
More jack off material for the libs.

If it's true --- prove it.
 
Unfortunately republican criminals rarely spend time in prison. If they actually did time for their crimes, most of the party members would be behind bars. Romney will weasel his way out of this. He's got a lot of fellow unconvicted felons to support him.
 
Jack Springer said:
More jack off material for the libs.

If it's true --- prove it.
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Let's see, Jack. Someone filed nine documents with the SEC stating Romney had various rolls after February 1999 with Bain Capital and related companies. Romney says that he had no roll in Bain Capital after February 1999. Both statements cannot be correct, would you agree?

Therefore, either the person(s) who filed the forms with the SEC lied (and committed a felony), or Mitt Romney is lying to the public. Which do you think it is?
 
loki81 said:
it reads to me like Romney stopped being actively involved in Bain, but his name was still on the letterhead for a few years.

factcheck is standing by their original story..




FactCheck.org: 'Little new' in Globe story - POLITICO.com

also backed up by Fortune/CNN:



Documents: Romney didn't manage Bain funds - The Term Sheet: Fortune's deals blog Term Sheet

accusing Romney of fraud or lying (over this specific case) seems like a bit of a non-starter... whether that makes Romney morally responsible for anything Bain did while he wasn't actively involved but was still on the paperwork is a different question.
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Yet more dishonest attacks by the Obama campaign about Bain. They're starting to look as desperate as McCain's campaign in 2008.
 
palemale said:
Let's see, Jack. Someone filed nine documents with the SEC stating Romney had various rolls after February 1999 with Bain Capital and related companies. Romney says that he had no roll in Bain Capital after February 1999. Both statements cannot be correct, would you agree?

Therefore, either the person(s) who filed the forms with the SEC lied (and committed a felony), or Mitt Romney is lying to the public. Which do you think it is?
Click to expand...

Or, he was listed as the owner as the documents (and Factcheck have verified) and had no operational involvement. (again, which Factcheck verified) These attacks are rather pathetic. Romney has plenty of things to attack without resorting to making shit up.
 
JB3 said:
Yet more dishonest attacks by the Obama campaign about Bain. They're starting to look as desperate as McCain's campaign in 2008.
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unfortunately they're seeing positive tracking in the polling so they're doubling down

what do they say - no one remembers the correction (if there is any)
 
chance1 said:
unfortunately they're seeing positive tracking in the polling so they're doubling down

what do they say - no one remembers the correction (if there is any)
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As one commentator I heard today pointed out, the Obama campaign has spent millions on ads that every reputable fact checking agency has called false. They are desperate to for anything that would cover up that embarrassment.

What I really find hopeful is that this indicates that non-partisan fact checkers like Factcheck.org are making a difference.
 
Interesting.

If there was any wrongdoing at the firm during that time, he's still legally responsible as head honcho. But unless he signed papers making false declarations to the SEC, he's off the hook otherwise.
 
chance1 said:
Kuli

it's obvious this is a witch hunt

as star said, obama's ads are being called for being false

you can not like Bain - that's your prerogative - but the lies have to stop

FactCheck.org : Romney’s Bain Years: New Evidence, Same Conclusion
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The lies in politics will never stop until truth in advertising can be applied to campaign ads.

Last election time here in Oregon, we checked out every ad aired between two candidates, and of the eight different ads, only one had its facts straight... turned out to be done by a group of Quakers.

Maybe we should put Quakers in charge of campaign ads.
 
Personally if there is disagreement between Fact Check and either of the campaigns or parties, I lean toward Fact Check. As best I can tell thanks to Fact Check, Politi-Fact, etc. most of the political advertising in this election is false, distorted and misleading. Politicians have a First Amendment right to LIE to us but we don't have to accept it from either side.
 
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