It’s no surprise that those questions have resurfaced today. What is surprising, indeed stunning, is that the Romney campaign has proven itself so inept in responding to them.
Take Romney’s tenure at Bain Capital. For the last year, Romney has claimed he walked away from his position as CEO of Bain in 1999, when he left to rescue the Salt Lake City Olympics. But good investigative reporting by David Corn of Mother Jones and other reporters uncovered documents filed by Romney and Bain with the Securities and Exchange Commission listing him as CEO, chairman and sole owner of Bain for three more years, until 2002.
The Romney campaign still insists Romney left Bain in 1999. But, every day, more evidence to the contrary emerges. For example, on February 12, 1999, the Boston Herald reported: “Romney said he will stay on as a part-timer with Bain, providing input on investment and key personnel decisions.” As reported by Huffington Post, in sworn testimony to prove his Massachusetts residency while preparing to run for governor in 2002, Romney said he regularly returned to the state for “social trips and business trips,” including board meetings at Bain. HuffPo also unearthed a California filing listing Romney as one of four general partners of Bain Capital Partners until 2003.
Is this question important? Absolutely! Because if, indeed, Romney was actively involved with Bain through 2002, he can no longer deny any role in companies bought and shut down by Bain from 1999 to 2002. One such firm, reports Sam Stein of Huffington Post, was DDi Corp., a California-based circuit board maker on which Bain made more than $100 million in profits before the company filed for bankruptcy.
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