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malaise

(269,050 posts)
Fri Jul 13, 2012, 10:42 PM Jul 2012

David Corn -Did Romney Make a False Statement on His Financial Disclosure?

http://www.motherjones.com/authors/david-corn
<snip>
The ongoing hullabaloo over the timing of Mitt Romney's exit from Bain has become a bit absurd. The Romney camp and Bain insist that Romney fully retired in February 1999 from the private equity firm he founded and owned—even though in the past he and Bain have described his departure as a part-time leave—and evidence has emerged (including Securities and Exchange documents I first reported) showing that Romney was involved to some extent in Bain as late as 2002, while he continued to maintain his ownership of the firm and its various entities. Romney has been working hard to avoid being held responsible for any post-February 1999 Bain deals that might have resulted in bankruptcies or outsourcing. But there is another reason for the Romney crew to worry about this controversy: Romney may have made a false statement on a federal financial disclosure form, and doing so is a felony punishable by up to one year of imprisonment and a $50,000 fine.

Like all presidential candidates, Romney has to submit a financial disclosure statement to the Office of Government Ethics. He filed his most recent one last month, and the disclosure contains a very clearly stated footnote:

Mr. Romney retired from Bain Capital on February 11, 1999 to head the Salt Lake [Olympics] Organizing Committee. Since February 11, 1999, Mr. Romney has not had any active role with any Bain Capital entity and has not been involved in the operations of any Bain Capital entity in any way.

There's no ambiguity there: not involved in Bain operations in any way. But that's not true.

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Oops!!! And we wonder why this LIAR hates regulators
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David Corn -Did Romney Make a False Statement on His Financial Disclosure? (Original Post) malaise Jul 2012 OP
If he attended board meetings in any way? Rosa Luxemburg Jul 2012 #1
k&r... spanone Jul 2012 #2
OMG, this is huge. He is hoisted. StrictlyRockers Jul 2012 #3
Either way it's a felony: Was he lying to the FEC last month or ProgressiveEconomist Jul 2012 #4

StrictlyRockers

(3,855 posts)
3. OMG, this is huge. He is hoisted.
Sat Jul 14, 2012, 12:29 AM
Jul 2012

This guy is such a lying liar, Al Franken needs to write a book about him.

ProgressiveEconomist

(5,818 posts)
4. Either way it's a felony: Was he lying to the FEC last month or
Sat Jul 14, 2012, 08:36 AM
Jul 2012

was he lying to the SEC ten years ago?

IMO a felony committed last month is much more likely to result in consequences for Romney than felonies committed ten years ago.

When will a "journalist" confront Romney with evidence that he lied on his financial disclosure form last month?

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