Documents reveal Romney stayed longer at Bain Capital (user search)
       |           

Welcome, Guest. Please login or register.
Did you miss your activation email?
April 30, 2024, 09:06:22 AM
News: Election Simulator 2.0 Released. Senate/Gubernatorial maps, proportional electoral votes, and more - Read more

  Talk Elections
  Election Archive
  Election Archive
  2012 Elections
  Documents reveal Romney stayed longer at Bain Capital (search mode)
Pages: [1]
Author Topic: Documents reveal Romney stayed longer at Bain Capital  (Read 3241 times)
DrScholl
Atlas Icon
*****
Posts: 18,149
United States


Political Matrix
E: -5.55, S: -3.30

« on: July 12, 2012, 10:22:48 AM »

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/

[quote]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.”
Logged
DrScholl
Atlas Icon
*****
Posts: 18,149
United States


Political Matrix
E: -5.55, S: -3.30

« Reply #1 on: July 12, 2012, 01:50:10 PM »

Isn't it a felony to lie in federal filings?
It is.
Logged
DrScholl
Atlas Icon
*****
Posts: 18,149
United States


Political Matrix
E: -5.55, S: -3.30

« Reply #2 on: July 13, 2012, 12:17:55 PM »

SEC records don't lie and on top of that Romney himself testified that he still had ties to the
company

http://www.huffingtonpost.com/2012/07/12/mitt-romney-bain-departure_n_1669006.html

Quote
You must be logged in to read this quote.
Logged
DrScholl
Atlas Icon
*****
Posts: 18,149
United States


Political Matrix
E: -5.55, S: -3.30

« Reply #3 on: July 13, 2012, 01:48:45 PM »


Maybe you missed the bold underlined sentence, so I'll reiterate it a few times:

winding down his partnership interest in Bain Capital
winding down his partnership interest in Bain Capital
winding down his partnership interest in Bain Capital
winding down his partnership interest in Bain Capital


Man leaves company to save Olympic games and... 
 ...winds down his partnership interest in the company (Bain Capital). 
Understand you can do that without running the company! 

Tony Resco buys Obama a house = nothing to see here
Romney saves the Olympics and winds down his partnership in a company in order to do so = scandal!! LOL.   

Take it down a notch. I posted Romney's own words, which were in testimony he gave to prove Massachusetts residency in order to stand for Governor. Now, if he wasn't connected to Bain then, he lied under oath then and if he was connected to Bain, then he's stretching the truth now. Either way, it appears he has honesty issues.
Logged
DrScholl
Atlas Icon
*****
Posts: 18,149
United States


Political Matrix
E: -5.55, S: -3.30

« Reply #4 on: July 13, 2012, 02:29:39 PM »


That either/or is ludicrous.  Maybe you don't understand what "winding down his partnership interest in Bain Capital" means.  Maybe it didn't occur to you that you can go out of town on business for an extended period of time (saving the Olympics, fighting in a war, etc) without surrendering your residency OR perhaps you need to take it down a notch and think for 5 minutes.     

I'm not trying to get into a back and forth, I just think there is more to all of this than Romney is saying.
Logged
DrScholl
Atlas Icon
*****
Posts: 18,149
United States


Political Matrix
E: -5.55, S: -3.30

« Reply #5 on: July 13, 2012, 04:25:01 PM »

More information

http://www.huffingtonpost.com/2012/07/13/mitt-romney-bain-sec_n_1671819.html

Quote
You must be logged in to read this quote.
Logged
Pages: [1]  
Jump to:  


Login with username, password and session length

Terms of Service - DMCA Agent and Policy - Privacy Policy and Cookies

Powered by SMF 1.1.21 | SMF © 2015, Simple Machines

Page created in 0.027 seconds with 13 queries.