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UPDATE: Fortune obtained the offering documents for a Bain Capital Fund circulating in June 2000, as well as a fund in 2001. None of the documents show that Romney was listed as being among the “key investment professionals.” As Fortune put it, “the contemporaneous Bain documents show that Romney was indeed telling the truth about no longer having operational input at Bain -- which, one should note, is different from no longer having legal or financial ties to the firm.”
For interested readers, below is a summary of what we, FactCheck.org and Fortune magazine have previously concluded.
The SEC document from February 2001 — which has received modest attention despite being reported in recent days by publications including Talking Points Memo — raises questions about Romney’s role at Bain in 1999, 2000 and early 2001. If he turned his full attention to the Olympics in early 1999, as his campaign says, it’s hard to square with the Bain SEC filing, two years later, listing his “principal occupation” as the company’s managing director, and his titles as CEO and president.
On paper, Mitt Romney remained the firm’s “sole stockholder, chairman of the board, chief executive officer, and president” until 2002. That is a fact, according to public filings with the SEC
"President Obama's campaign hit a new low today when one of its senior advisers made a reckless and unsubstantiated charge to reporters about Mitt Romney that was so over the top that it calls into question the integrity of their entire campaign," Mr. Rhoades said in a statement. "President Obama ought to apologize for the out-of-control behavior of his staff, which demeans the office he holds. Campaigns are supposed to be hard fought, but statements like those made by Stephanie Cutter belittle the process and the candidate on whose behalf she works."
Originally posted by jam321
The Bain that won't go away.
Romney, I feel your Bain.
Looks like this is going the a major headache for Romney.
Originally posted by TheTardis
Originally posted by fourthmeal
Originally posted by TheTardis
Originally posted by fourthmeal
He's going to jail soon anyway, for Federal election crimes. No need to worry much longer about this little hooligan psychopath.
Yes because all Hooligan phychopaths legally amass millions and try to keep it safe in banks that can actuall unsure it. I have asked this on many threads now. Can you tell me how much money american banks can insure? Do you understand why people put money in these overseas banks? And does it actually matter to you how much money he has? Why does that change your voting? Hell to me the more money he has the better. We need someone that knows how to turn a dime instead of doing dime bags.
I don't care how much money he has, what I care about is that he's the head boss of a crime syndicate, and he's going down in a ball of flames.
Ahh yes and all of the sources to back up your claim I see. How many sources was that? ZERO you say? Nice catch there buddy.. Try again. Just because you want something to be true really bad doesnt make it so. But I am sure if you shout loud enough a couple more of the obots will come in and help.
Asked whether the Obama campaign was accusing Romney of breaking the law, the campaign wouldn’t say. But campaign lawyer Bob Bauer said in a statement:
“Romney and Bain claim that he was not involved with Bain, but Bain and its portfolio companies in their required filings under the Securities Exchange Act continuously certified to the Securities and Exchange Commission say precisely the opposite–asserting without qualification that he was a controlling person, fully in charge of Bain, under the Federal securities law. Under normal circumstances, the question of the truth of this representation would result in an investigation by the SEC into possible criminal, as well as civil, violations of the law.”
Robert Heim, a lawyer with the SEC from 1993 to 1999, said the confusion could “absolutely” be a problem for Romney.
“I think there is a sharp conflict between what Mitt Romney was saying his role was at Bain during his campaign appearances and what the SEC form that was filed describes his role as,” he said. “Certainly there can be legal consequences if the form that was filed with the SEC was inaccurate in any way.”
“There could be legal issues associated with his campaign forms with the FEC,” Heim added. “If Mitt Romney, in addition to making those statements on the campaign trail, also filed them with the Federal Election Committee, there could potentially be legal issues with his campaign finance disclosures into his employment background.”
Not really.. It just looks like it is helping push his numbers up because the independent voters and the republicans who didnt vote in the last election are up in arms and tired of it.
Originally posted by Indigo5
And another doc comes out...this found by CNN...Romney as President of Bain in 2002
i2.cdn.turner.com...
Originally posted by xuenchen
Originally posted by Indigo5
And another doc comes out...this found by CNN...Romney as President of Bain in 2002
i2.cdn.turner.com...
not to be picky, but the document is "as of Dec 31, 2000"
and dated March 15, 2001.
I thought Romney had a "leave of absence" anyway.