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Tx4obama

(36,974 posts)
Fri Jul 13, 2012, 05:09 PM Jul 2012

Romney & Bain said he remained at company part-time 1999 to 2002 & provided "input" on key decisions



Bain Press Release Claims CEO Romney Is On ‘Part-Time Leave’ To Run Olympics

The Romney campaign has claimed that the former Massachusetts governor cut all ties with Bain Capital when he left to run the 2002 Winter Olympics in February of 1999, but a press release from July of 1999 seems to contradict this account. “Bain Capital CEO W. Mitt Romney” is “currently on a part-time leave of absence to head the Salt Lake City Olympic Committee for the 2002 Games,” the release, uncovered by Daily Kos’ Jed Lewison, states. The document announces the departure of two Bain managing directors. In 1999, Romney himself had stated that he would “stay on as a part-timer with Bain providing input on investment and key personnel decisions.”


http://thinkprogress.org/election/2012/07/13/516724/bain-press-release-claims-ceo-romney-is-on-part-time-leave-to-run-olympics/






-snip-

And a former executive, Mark B. Wolpow, says:

“I reported directly to Mitt Romney . . . You can’t be CEO of Bain Capital and say, `I really don’t know what my guys were doing,’” Mr. Wolpow said of Mr. Romney role at the company during his leave.

http://www.alan.com/2012/07/13/bain-1999-press-release-heralded-romneys-part-time-leave-of-absence/

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Romney & Bain said he remained at company part-time 1999 to 2002 & provided "input" on key decisions (Original Post) Tx4obama Jul 2012 OP
The Bain issue will strike the death knell for the Romney campaign GopperStopper2680 Jul 2012 #1
Then he didn't retire, did he? PDJane Jul 2012 #2
He's a liar. Anyone Shocked? Thrill Jul 2012 #3
Looks like another lie Rosanna Lopez Jul 2012 #4
 

GopperStopper2680

(397 posts)
1. The Bain issue will strike the death knell for the Romney campaign
Fri Jul 13, 2012, 05:16 PM
Jul 2012

More than anything I believe Romney's lies about his time at Bain will strike the deadly blow to his bid for leadership of America. He is already widely disliked and distrusted as an out of touch snob. Now it turns out that independent sources are proving what everyone has known all along-he's also a liar and dissembler like his predecessor Dublya. We don't need another Dublya in office.

PDJane

(10,103 posts)
2. Then he didn't retire, did he?
Fri Jul 13, 2012, 05:18 PM
Jul 2012

He was there, not in a leave of absence, but working at Bain as the sole proprietor, CEO, blah, blah, blah.

He is, again, lying...and trying to convince the world they shouldn't impugn his non-existent credibility, ethics and virtue.

Rosanna Lopez

(308 posts)
4. Looks like another lie
Fri Jul 13, 2012, 05:29 PM
Jul 2012

If he said he left in 1999 but was actually working there in some capacity until 2002, then that is a lie.

I'm sure the pro-Romney media will try to claim it's not really a lie, but I hope the public won't be fooled.

Is anyone else disappointed with the coverage on CNN this week? It seems to me that Anderson Cooper, John King and David Gergen are in the tank for Romney and have been trying to downplay the significance of his shady background at Bain. I'm particularly disappointed with Mr. Gergen who I thought was a political commentator with more integrity than that.

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