Misinformation. Disinformation. Lies. Hiding from questions.
This is the World of Mitt Romney.
He publicly claims that he ‘left’ Bain in Feburary 1999 and so is not responsible for ANYTHING after that.
Yet privately he signs and testifys that is was ‘ President, CEO, and Chairman of the Board’ until 2002 on Federal SEC documents and MA. State disclosure forms and State Election Board.
You can’t have it BOTH ways Mitt Romney.
Are you lying now?
Or did you lie then?
‘The Romney campaign repeatedly declined to say Thursday evening whether the Republican presidential candidate attended any meetings or had any contact with Bain Capital during the time he ran the Olympic Games’.
From : http://dyn.politico.com/printstory.cfm?uuid=FEF9F993-C6AC-4C11-B676-2AC980D522AB
FORTUNE — ‘Mitt Romney did not manage Bain Capital’s investments after leaving to run the Salt Lake City Olympic Games, according to confidential firm documents obtained by Fortune’.
‘The timing of Romney’s departure from Bain became a lightning rod earlier today, when The Boston Globe published an article suggesting that Romney remained actively involved with the firm longer than he and his campaign have claimed. The sourcing is largely SEC documents that list Romney as Bain Capital’s CEO and sole shareholder through 2002 — or three years after Romney officially left to run the Salt Lake City Olympic Games’.
‘These claims are very similar to ones made last week by David Corn in Mother Jones, which we disputed at the time’.
‘Now Fortune has obtained new evidence that supports Romney’s version of events’.
‘Bain Capital began circulating offering documents for its seventh private equity fund in June 2000. Those documents include several pages specifying fund management. The section begins’:
‘Set forth below is information regarding the background of the senior private equity investment professionals of Bain Capital. Also listed are certain investment professionals responsible for the day-to-day affairs of the Brookside and Sankaty funds, which are affiliated funds of Fund VII’.
‘It then goes on to list 18 managers of the private equity fund. Mitt Romney is not among them. Same goes for an affiliated co-investment fund, whose private placement memorandum is dated September 2000’.
‘After being informed of the Bain Capital documents, Obama spokesman Ben LaBolt emailed over the following statement’
“Mitt Romney either misled the American people or misrepresented himself to the SEC. Romney has said he had no authority or responsibility for managing Bain since 1999, but that has been proven false. Regardless of whether he was on the management committee for this particular deal, he remained President, CEO, and Chairman of the Board and he was legally responsible for every investment and decision made by Bain.”
From : http://finance.fortune.cnn.com/2012/07/12/mitt-romney-bain-exit/
‘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’.
‘A Romney campaign official, who requested anonymity to discuss the SEC filings, acknowledged that they “do not square with common sense.” But SEC regulations are complicated and quirky, the official argued, and Romney’s signature on some documents after his exit does not indicate active involvement in the firm’.
‘A spokesman for the SEC said the commission could not comment on individual company filings or address the meaning of Romney’s name and title on the documents’.
‘Karmel, the former SEC commissioner, said the contradictory statements could have legal implications in some instances’.
“If someone invested with Bain Capital because they believed Mitt Romney was a great fund manager, and it turns out he wasn’t really doing anything, that could be considered a misrepresentation to the investor,’’ she said. “It’s a theory that could be used in a lawsuit against him.”
From : http://www.boston.com/news/politics/articles/2012/07/12/government_documents_indicate_mitt_romney_continued_at_bain_after_date_when_he_says_he_left/?page=2