Dick Tuck
Board Troll
- Aug 29, 2009
- 8,511
- 505
- 48
Mitt gets caught in another lie. What else is new?
Mitt Romney stayed at Bain 3 years longer than he stated
Firms 2002 filings identify him as CEO, though he said he left in 1999
Mitt Romney stayed at Bain 3 years longer than he stated
Firms 2002 filings identify him as CEO, though he said he left in 1999
Government documents filed by Mitt Romney and Bain Capital say Romney remained chief executive and chairman of the firm three years beyond the date he said he ceded control, even creating five new investment partnerships during that time.
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 firms sole stockholder, chairman of the board, chief executive officer, and president.
Also, a Massachusetts financial disclosure form Romney filed in 2003 states that he still owned 100 percent of Bain Capital in 2002. And Romneys state financial disclosure forms indicate he earned at least $100,000 as a Bain executive in 2001 and 2002, separate from investment earnings.