Sorry, Mitt Romney, You Can't Be Chairman, CEO, And President Of A Company And Not Be Responsible...
"...For What It Does..."
--excerpt--
The issue boils down to statements that, at first glance, appear to directly contradict one another:
According to statements Bain filed with the SEC, Romney was the "chairman, CEO, and president" of Bain from 1999-2002.
According to Romney, Romney left Bain in 1999 and had "no input on investments or management of companies after that point."
The article mentions two "difficult" issues for Mitt the GOP Candidate:
1) The issue of Bain investing in a company after early 1999 called Stericycle whose services included the disposal of aborted fetuses.
2) The issue of disavowing responsibility for many layoffs that Bain engineered after 1999, an issue he has had to deal with since running for Governor.
The article goes on to say--
Here are the questions that the Romney campaign needs to answer:
Was Mitt Romney "chairman, CEO, and President" of Bain from 1999-2002 (even if he had physically "left" and was spending 100% of his time running the Olympics)? If the answer is "yes," then Romney is responsible for what Bain did during that period--full stop.
OR
Were the filings submitted to the SEC inaccurate?
The answer to those two questions cannot be "both." It's one or the other.
And if the answer is that Mitt Romney was chairman, CEO, and president of Bain for the years in which he has long tried to disavow any responsibility for what the firm did, the American public has every right to feel misled.
--more--
http://www.businessinsider.com/sorry-mitt-romney-you-cant-be-chairman-ceo-and-president-of-a-company-and-not-be-responsible-for-what-it-does-2012-7
I found this article helpful in providing a succinct and clear explanation of Mitt's dilemma...