Thursday, July 12, 2012

By ‘Left Bain’ Mitt Romney Actually Meant ‘Continued To Run/Own 100% Of/Chair Bain For Years’

The Boston Globe has a fantastic story today about Mitt Romney, the local candidate. Romney has long claimed that he left Bain Capital in 1999, shortly before the firm unleashed a particularly sharp, blood-soaked assault on American jobs, to take up his new job as an Olympics Saver. And yet documents that Bain later filed with the SEC — and savvy cats know that you can tell those dopes anything — say that “he remained the firm’s ‘sole stockholder, chairman of the board, chief executive officer, and president’” for, oh, another three years. Were you aware of this, stockholders? Did you know about all of this papery play-governance going on behind your backs? No, you didn’t, because you didn’t exist, since Romney “still owned 100 percent of Bain Capital in 2002.” READ MORE »

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