• Did you see: Romney led his buyout firm three years longer than he's stated

    By Grant on July 12, 2012 Mitt Romney

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    The Boston Globe reports today that Mitt Romney was actually at the helm of his corporate buyout firm three years longer than he’s claimed publicly:

    "Romney has said he left Bain in 1999 to lead the Winter Olympics in Salt Lake City, ending his role in the company. But public Securities and Exchange Commission documents filed later by Bain Capital state he remained the firm’s “sole stockholder, chairman of the board, chief executive officer, and president.”

    Also, a Massachusetts financial disclosure form Romney filed in 2003 states that he still owned 100 percent of Bain Capital in 2002. And Romney’s state financial disclosure forms indicate he earned at least $100,000 as a Bain “executive” in 2001 and 2002, separate from investment earnings.

    The timing of Romney’s departure from Bain is a key point of contention because he has said his resignation in February 1999 meant he was not responsible for Bain Capital companies that went bankrupt or laid off workers after that date."

    Get the full story from the Boston Globe, and check out romneyeconomics.com for more on Romney’s career as a corporate buyout CEO.

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