Bain-gate: What Do Romney's Tax Returns Say?
Romney can settle the dispute over his tenure at Bain by releasing the tax returns.
What did Romney claim on his tax returns?
Democrats say Romney tax returns could clarify Bain departure date - latimes.com
""Either Mitt Romney misrepresented his tenure at Bain to the SEC or he misrepresented it to the voters of Massachusetts," said Ben LaBolt, an Obama campaign spokesman, on Fox News. "If he released more documents, like further tax returns, we would know the extent of his involvement at Bain during this period. If he released board minutes, we'd know the extent of his involvement at Bain.""
Surprisinglinsly enough, a partner explains on (MSNBC) why Mitt was legally CEO of Bain during those years, just no longer a part of the company. While he wasn;t there and a management team was managing the company, Romney was being paid for the franchise value of the company he had created.
It was difficult for Mitt and his attorneys to even negotiate a salary because Romney was so busy with the Olympics, he said. He didn't come to any meetings and everyone recognized he was no longer involved in the company/.
Guy, you are trying to claim this guy had millions of his own dollars and billions of other people's money tied up in this partnership, as the world was going in to economic meltdown in 2000 and 2001, and that he really had no personal involvement because he was too busy designing the downhill course in the Olympics?
Seriously? This is your contention?
The timing here is critical. Romney likes to brag about how well Bain did when it was the 1990's and everyone was kind of doing well. But when the economy started to go into the shitter in 2000, and those Bain companies started offshoring and outsourcing and downsizing and laying off union workers, well, Gosh, Darn, I had nothing to do with that, even though I was making a lot of money off of it! That was those other guys. The guys I left in charge of the company I was owner and CEO of and I drew a six figure salary from.
Nope, nope, I was too busy designing the Luge Course.