Mitt Romney stayed at Bain 3 years longer than he stated

Dick Tuck

Board Troll
Aug 29, 2009
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Mitt gets caught in another lie. What else is new?

Mitt Romney stayed at Bain 3 years longer than he stated

Firm’s 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 firm’s “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 Romney’s state financial disclosure forms indicate he earned at least $100,000 as a Bain “executive” in 2001 and 2002, separate from investment earnings.
 
Obama may have stayed in Indonesia or Kenya longer than stated and that's fine with lefties but they are horrified that a candidate might have been working in a corporation and making money. Which would you rather have in the White House, a guy who worked for a living and knows the system or a dog eating, drug abusing former community activist?
 

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