Mitt Romney's Bain Capital Exit Date Called Into Question By Filings

When did Mitt Romney leave Bain Capital? The presumptive Republican presidential nominee has said that he left the private equity firm in 1999, but new reports indicate that he may have stayed on until 2002. Full Story »

Posted by Dwight Rousu

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Review

Jack Dinkmeyer
4.0
by Jack Dinkmeyer - Jul. 12, 2012

A wupsie article for Republicans using a fair number of links to build support for its contention that news has surfaced suggesting Romney was still actively managing Bain three or four years longer than his campaign rhetoric suggests. Meaning there's an excellent possiblilty Romney really was a pioneering out-sourcer of American jobs to foreign lands. And all this surfacing immediately after the Romney campaign released its new a “liar, liar, pants-on-fire” TV spot accusing Obama of lying about Romney’s role at Bain Capital. Let's make Bain a REAL campaign issue.

Don’t you just hate it when facts get in the way of a good story?

The SEC filings listed in the Globe article were first flagged in a letter the Obama campaign sent to Factcheck.org, which nevertheless concluded that Romney never returned to active management in the company after 1999, instead shifting his focus to the 2002 Winter Olympics. But in a separate SEC filings from 2000 and 2001, Romney listed his “principal occupation” as "Managing Director of Bain Capital, Inc.,” and a 2003 state financial disclosure form said he owned 100 percent of the firm in 2002.

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