Mitt Romney's campaign is demanding that President Obama's team apologize for saying the presumed Republican presidential nominee might have committed a felony by "misrepresenting his own position at Bain to the SEC." The Obama campaign's retort: No dice, Mitt.
The firestorm started after the Boston Globe reported on SEC filings indicating that Romney had remained in charge of private equity firm Bain Capital several years longer than he's claimed in the past. Romney has said he left Bain that year to run the Winter Olympics in Utah. But the newly publicized documents show that he was at least nominally in charge of the company until 2002.
Stephanie Cutter, Obama's deputy campaign manager, told reporters on a conference call that Romney is either a liar who is "misrepresenting his own position at Bain to the SEC, which is a felony, or he was misrepresenting his position at Bain to the American people."
Matt Rhoades, Romney's campaign manager, demanded an apology for Cutter's "reckless and unsubstantiated charge," maintaining that Romney had no input on Bain's decisions after 1999.
On Thursday, MSNBC's Ed Schultz asked Obama campaign spokesman Ben LaBolt if his team would issue an apology.
"There won't be" one, LaBolt said. "Mitt Romney has been telling voters since he ran for office in Massachusetts that he left Bain in 1999 and the Boston Globe reported today that it wasn't true."
"Mitt Romney is holding himself to a double standard," he went on. At Bain, "he was CEO, chairman of the board, sole owner and sole shareholder. We're supposed to believe he didn't have any involvement?"



Good! It's time the Dems took a stand and didn't back down from these liars. The Reps have pounded the Dems for crap for three and a half years and we haven't called them on most of it, but when they get exposed for the sneaky B's they are, they pout and cry foul! Oh cry me a river you weasels. You've got that and a lot more coming, and you're going to get it in November!
Agreed.
So after Mitt gets elected and screws up, his comment will be :
"Dont blame me, I wasnt involved, I was only the president" !
Obama is a patholgical liar and a incomppetent failure as president!
Takes one to know one, sullen.
Oh, it gets better. David Korn just came out with a new piece of research on Romney + Bain today, that shows Romney invested 10% into a Chinese company that depended on outsourcing of jobs from the US (appliance manufacturing) in....wait for it...........1998. That year is not in dispute as to whether Romney was there or not. He was there.
And yes, I wholeheartedly agree, we should NOT let up on him. Make him accountable for the crap he's pulled. He can't go on one hand saying he created all these jobs while at Bain, then when jobs were outsourced or destroyed, try to claim he wasn't there, during the same time period.
Classic attempt at deflection, take something your candidate is weak at or lying about and try to say the same about the opponent. Nice try sullyman but no one's buying your story.
http://www.washingtonpost.com/blogs/fact-checker/post/mitt-romney-and-his-departure-from-bain/2012/07/12/gJQAASzUfW_blog.html#pagebreak
VOTE NO Obama 2012!!!!!!!
So, against all the facts an ultra-conservative blog posts misinformation and you expect anyone to believe what the Post is attempting to sell?
Amen. Like Clinton. They don't faint at the sight of blood.
RE: @Denis Freeland, (Comment #1.2 )
Or, "I was the President, by the Constitution, but in name only. After taking the oath of office and actually having to do the job, I discovered that it's too hard, so I transferred the day-to-day operations of being the President to the Koch Brothers who I thought could do a better job. After all, corporations are people too."
Oh, young Takers, Obama is doing everything he can to destroy capitalism, and make as many people dependent on the government as possible, and this is the best you can do ?
Why don't you embrace your desire for socalism and tell the American people ? I forgot, because you will never win another election.
The liars and atheists reside in your party, not the Republican party!
There is no capitalism in the U.S. anyway! With Mitt, we are headed for an oligarchy!
Really that is the biggest load of bull@!$%# lies all made up in your own mind. All you do is repeat GOP lies like this nonstop.
The wing-nuts are too dense to even understand what true Socialism, Facism, Communism (and every other -ism they so greatly fear) are and too ignorant to understand that they're not the same things. There's a reason republicans are always coming up on the bottom when it comes to knowlege of politics, and just about every other topic related to the government.
"Socialist," to a conservative, means anyone they don't like.
Hey, I'm not part of Obama's campaign team but I want to tell Romney to get fuc...!
It's catching.
you are so ignorant and typical Lib when the facts don't fit your view, twist them to suit your purposes. Like Eddie Blowhard, you all just suck up the crap and think it's the best sh$t in the world.
Garycolumbus, go f yourself, real nice intelligent discussion point is'nt, you moron.
Except the tea bagged republicans don't have any facts what they call facts are the same lie told 3 times or more and to them the lie changes from a lie to a unquestionable fact, even though everyone else knows its a lie they don't.
Utter nonsense.
From the winningest, most convincing comment I've read all day. Reported.
ROBmE iS not wORTHY OF AN aPPOLOGY fROM aNYONE !!!!!
UnReal-3093585, you're suspended for a day for violating #1 of the Code of Honor.
Adding from another seed and just to rub it in. Y'all realize that Mittens is the guy who couldn't even beat Sarah Palin right? That in itself is to die laughing at the Republicans!
the "entitled" mitt romney is the flip-flopper and pathological liar, not President Obama.
The fact check sites are pretty much in agreement that Obama is lying about this. I would also sugest anyone who, upon hearing a lie, then continuing that lie- is a liar.
Sorry- but Obama is a liar. I really don't want him to drag you good people into repeating them and becoming liars yourselves.
Nice try, the "fact-checks" you're referring to made their erroneous call days ago based only on the word of Mittens saying that he left Bain in 1999. All of the evidence released in the last 48 hours directly contradicts his lies. The documents and filing papers he signed acting on the behalf of Bain, the people coming forward with evidence that he was still very much in the decision making process through 2002, his own campaign staff from 2001 claiming he was still part of Bain at that time, and even more telling is Mittens himself giving interviews and statements stating in 2001 that he was still actively managing Bain when he claimed then that he was flying irregular
Arly for board meetings and when he couldn't fly in he met with them by phone.
Answer me this, if he left in 1999 why does he keep claiming that he worked at Bain for 25 years when it was founded in 1977? All Mittens has to do is release his tax forms from 1999 until 2010 and we'll all know the truth. Why won't he follow the precident set by his father and followed by every Presidential candidate since? What's he hiding?
And if you're referring to the Washington Post "fact-check" that Rmoney keeps referencing, they published that months ago back in January and it hasn't been updated to reflect new information (not like it will be since the Post is an ultra-conservative source that doesn't worry about facts or truth when it comes to republicans). Try relying on something a little more current than 180 days ago. I suggest David Corn and the Boston Globe for a start.
Nice try- Factcheck . org dated July 2, 2012
Once more- don't allow yourselves to be enablers of the lies. Some goofballs on the right are hung up on birth records, school stuff, etc. Goofballs on the left following stuff as above. The only way to elevate politics above them is for the great middle mass to reject stuff like this on both sides. If a conservative like me can reject accusations from the right that are unimportant- then you folks on the left have to stop being apoloogists for Obama at every step.
Fact Check .org
Has been inaccurate for years with a tendency to lean to the right. Not surprised it defended Mitt, but however it has lost an incredible amount of credibility since the Presidential debate of 2004.
Apparently Kerry confronted Bush with information garnered from Fact Check org but then after the debate Fact Check. org proclaimed that the information was incorrect.
It always leans to the right.
All they did on July 2nd was reiterate their already inaccurate comments from January, still without taking into account the mountains of new evidence from the last week proving without a shadow of a doubt (unless you're a blind tea-bagger) that he's lying about his involvement with Bain from 1999-2002. If he's so confident then why won't he release his taxes from 1999 until 2010, at least his father (and every other Presidential candidate since) had the morals and ethics to do so. What's he hiding?
Good points all. Let's then open the discussion to Obama's college admittance records and his birth records, all records from childhood.
Funny as well, I've looked through quite a few fact checking type sites, and they talk of how a reporter for the Boston globe, who is a regular contributor to the democratic party, has made accusations that would indicate criminal behavior. Is Holder going to file charges? She seems to be the onlly one making these claims, but if Obama is convinced she is right, shouldn't charges be filed?
Or is this political theater by the liar in chief?
Are you really that dense that you've managed to miss every other source that's been looking into Mittens' lies? Maybe you missed the Governor's debates back about a decade ago when it was brought up and he couldn't provide an answer. Maybe you missed when Newt Gingrich brought it up and Mittens couldn't provide an answer. Maybe you missed David Corn, the Boston Phoenix, the Boston Globe repeatedly providing an increasing amount of evidence that Mittens is lying. Oh wait, they didn't tell you any of that on Fox News, did they? All he has to do is provide his tax returns from 1999 until 2010, twelve years just like his father did (and every other Presidential candidate since then). What's he hiding?
And the same question to you. All the questions about Obama?
By the way- when is Holder going to press charges against Romney? If he has done anything illegal, and you have evidence as you suggest, then where are the charges? Or is it Team Obama's plan to not prosecute people who break the law?
Back to the same useless republican tactic of deflection... Why won't Mittens release his tax returns from 1999 until 2010? What's Mittens hiding?
Cora- funny- You bad old Republicans need torelease everything. It's isn't necessary for us liberals to release anything because we love Obama and it doesn't matter what's in his past. I find it to be humorous that you deflect off Obama by calling on Romney.
Find a seed about the transparency of the Obama administration and we'll talk about that there. This seed is about Mittens and his constant lies, ethical failures, and his consistent hiding of all financial records. Try to keep up and stay on topic.
You won't have to worry about that conversation, then. You'll never find a complaint about Obama, except maybe he isn't liberal enough on this network's blogs. He happens to be one of the most non-transparent administrations yet, upon a promise to be the most transparent. Youo won't find a blog about any of that, though, so you can rest easy in your hypocrisy.
Same tired wingnut lies, but no one would expect any different from a group so detached from reality. Now, back to the topic of the seed. What is Mittens hiding in those tax returns that he's so afraid of people seeing? More tax haven money hidden in Switzerland or Grand Cayman? A couple of years paying no taxes at all thanks to gaming the system? Maybe something even more damaging? We already know he's lying about the period of 1999 until 2002 at Bain even with Mittens hiding everything he can. When even die-hard republicans are speaking out against him and his secrecy you know there's something really damaging that he's hiding.
Same goofball liberal agenda. Ensure the economic pie is divided as evenly as possible, never consider what actually grows the pie. What is Obummer hiding in his college records. If money is hidden, then how does anyone know it is there.
HAH! What Mr, "I'm So Entitled"? You were expecting a "yeas massah" ?
Obama and MEchelle are the ones who feel entitled.
So the people that grew up poor and worked hard their entire lives for everything they have feel "entitled" and not the spoiled son of a multi-millionaire that bullied gay kids and dressed up like a cop to pull people over? Nice try.
Sullen doesn't like the fact that Obama feels "entitled" to be in the White House.
By way of winning the most electoral votes. As per the Constitution.
The Constitution's only for Republicans. As is America.
Good! I'm glad they aren't, especially after reading this:
http:/ /www.boston.com/news/politics/articles/2012/07/12/government_documents_indicate_mitt_romney_continued_at_bain_after_date_when_he_says_he_left/?rss_id=Boston.com+--+Top+political+stories
(Remove the space between the //'s to get the link to work.)
Please note paragraph 7. I can't speak for others but that paragraph explains to me why Romney won't release his other tax returns.
http://www.washingtonpost.com/blogs/fact-checker/post/mitt-romney-and-his-departure-from-bain/2012/07/12/gJQAASzUfW_blog.html#pagebreak
VOTE NO OBama 2012!!!!!!
So, against all the facts an ultra-conservative blog posts misinformation and you expect anyone to believe what the Post is attempting to sell?
Coracii, I don't think b113 took the time to read the whole article either. Under "Fact Checker; Jan 18th, 2012, the last sentence in paragraph 2 states:
So which is it b113? Did Romney formally leave Bain in 1999 or did he go on a leave of absence for 3 yrs starting in 1999 or did he formally leave Bain in 2001?
No one from Romney campaign denied the Securities and Exchange Commission Documents showing Romney as “sole stockholder, chairman of the board, chief executive officer, and president.” This makes Romney legally and morally responsible for any and all actions taken by Bain.
in addition from the Globe article: "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.
This is a man who claims to be an astute businessman and yet he wants us to believe that he left himself wide open to legal consequences if Bain was sued or had failed to comply with SEC rules and regulations and he had no control or input into what the company was doing? Does not appear to be the actions of an smart business man.
It's the actions of a man who didn't think he'd be in the public eye 10 years later.
Chris,
mitt romney has been planning for running for the presidency for years. how could he not know he would not be in the public eye?
mitt romney is taking for granted that "because of who he is", he will be able to function in his run for the presidency, as he has in his business dealings in the past, up until now.
mitt romney WANTS to be in the public eye. but, because he feels entitled, and thinks we are all envious of him, he thinks his business dealings, out-sourcing, and tax avoidance schemes (games) etc. should be off limit to the american people. these are things that should be discussed in "quiet rooms", where only the privileged few get to see what he has really done.
he says he has broken no laws. but we all know of mitt's propensity for lying and flip-flopping, so is that the truth?
we all heard lyndsey graham's assertion that getting out of taxes is playing a game. mitt romney and the repubs are in lockstep on this.
Are you saying Mitt's even stupider than he acts? Wow. I didn't think that was possible.
Hey silly libs, read CNN (not a conservative site) where they clearly speel out and have the facts to back up that Romney left in 1999 and it does take awhile for the paperwork to be created and filed to divest yourself from a company that you created.
Oh by the way the people CNN used to verify the FACTS are all Democrats and 2 are active Barry supporters.
Once again don't you hate when facts and reality get in the way of Eddie Blowhards lying malicious fill bs diatribes....
Well, Bain is off limits anyway. It's not fair to talk about where you've worked, especially in a leadership capacity, when you're running for President.
Let's reiterate: It's NOT FAIR to bring up his leadership of Bain, when questioning his ability to lead the nation.
This is a new rule, freshly created yesterday.
Unless you're already the President, then you can question absolutely everything, including whether he's actually the president or an American.
Unreal the name says it all.
Thar's exactly what he is. Go elsewhere and call your names. They make anything you say discredible. And CNN is a right leaning network. Their facts are far from facts. I will take a persons signature on a document of the word of some one. And those documents do exist. But keep calling us names and keep repeating your talking points. You righties have never let the truth get in your way yet. For God sake, don't star now.
Chris,
your post #3.7-
that's what i'm saying!
When do you apologize for the truth?
One problem it's not the truth.
Says the guy who has yet to tell the truth.
Mr Obama you have to be the most despicable person who ever held the position of President of the United States
How dare you falsely accuse some one as a felon with out one shred of evidence sir you are guilty of slander and should be charged as much
Washington Post, Fact Checker, Fact Check.Org and Fortune Magazine has debunked all claims you are accusing Romney of doing
i cant post a link to the articles but google
washingtonpost.com/blogs/fact-checker/post/romney-and-his-departure-from-bain
Sir if you had any idea how business operates you would understand that the change of ownership of a large investment firm like Bain Capital doesn't happen over night. its not like selling a car it takes years of lawyers, paper work, SEC regulations, and negotiations so of coarse you will have SEC documents with his name on it after 1999
Romney left Bain in 1999 to straighten out and run the 2002 Olympics and had no involvement and decision making in Bain capitol after that. this has been proven by numerous sources stating that Romney had no involvement in Bain including released company documents and a democrat legislator who is one of your contributors who worked for Bain
Obama you have gotten so desperate the you will go as far as lying and falsely accuse your opponent of a felony and you should be ashamed of your self
Once again we get a tea bagged republican putting words another said in the presidents mouth then has the nerve to claim the president lies. The only one lying trf is you.
TRF, if Romney was only involved with Bain in name only, why did he fly back from Utah in 2002 to Massachusetts to attend a meeting with a company he no longer had any ties too??
Fairly humorous that he thinks Obama is reading this.
And the delusion continues.
Instead of the personal attacks prove me wrong
The fact that you think you matter is even more delusional.
@care giver
just like i originally said the transfer of ownership of a huge company like Bain doesn't happen overnight so I'm sure that was one in many meetings that he attended to discuss and fill out paper work related to the transition
This administration is sacred to death. They know they are going to lose this election and will try anything to change that outcome.
I'm assuming you were at those meetings.
@TRFjr
I disagree with everything you say. The Boston Globe article brings to light additional information about Romney's position at Bain after 1999. There is lots of discussion about what it means, but I think we will need to wait and see what the facts are.
The reason I for my reply is to share a trick I have learned about posting links.
When I copy and past the URL (the Http:/...) it just goes *Poof* when I post the comment. Very frustrating!, right?!
I use Microsoft Word and this seems to work:
Copy the URL, open a blank document, type in some descriptive text and highlight the text. I have Word 2007, so I click on the Insert ribbon then click on Hyperlink. A window opens where you can paste the URL you copied.
Now you have text with a hyperlink, copy it and paste it in the comment.
Try This
I hope this helps.
TRF, you could be right. If you follow the link I posted in #3, paragraph 7 states
So maybe he did fly back to sign some "release" papers. I know it takes a while to sale a business but 3 yrs is stretching it. And saying you're on a leave of absence does not excuse you; not if you're going to continue to hold 100% of the stock and sign papers saying you're the Executive. So everything that happened between 1999 & 2002 is still his responsibility for him to own. To say otherwise is showing a lack of responsibility and leadership.
And the fact Romney struck a 10 year deal that expired in 2009 tells me that's why he won't release any tax returns from 2009 and back.
Oh dang!!!
My link didn't work in #5.9. So much for knowing the trick.
Try again
Romney stayed longer at Bain
Political campaigns are, as they should be, a contest between differing, closely held ideas. You have my respect for standing up for you candidate, and articulating a few facts as you see them to support your candidates position.
Regrettably, you undo all that with your whiny middle school rant about "Most despicable person etc." Grow up.
maphi, try tinyurl.com. It converts those amazing long urls into a small one that virtually all sites will accept, and it's free.
Now back to the bloodshed... ;}
I can't believe you would fall for flip-flop Mitt! He cannot tell the truth! He has no common sense and would be an embarrassment to the U.S. as President. "I don't remember what I said but whatever it was I stand behind it"....LOL
To all of you who can't post links-the vine won't let you until you've been on here a while and they feel you can be trusted.
Re: Maphi #5.11
You have to email Newsvine to authorize the posting of links. They will consider your request, usually the same day. :)
TheRealChris, sorry I did not see your message earlier. Still I think they will consider letting a poster link earlier-if the poster takse the time to ask them. I did after hanging around about 2 weeks. :)
Ok. You're wrong. End of discussion.
Geese the atacks on Mitt is getting as bad as the bithers were to Obama. You would think Donald Trump is behind all this nonsense.
He might be. He loves to keep that ugly comb-over out in the public eye, along with his liverlip.
Yeah, because bringing up the fact that Romney has lied repeatedly about his tenure at bain is exactly like making shrill, hysterical comments about Obama's birth certificate after every authority in a position to declare such has vetted and verified said birth certificate.
/sarc
What's getting pathetic is the GOP's desperation. They clearly failed to vet Mitt properly before anointing him the establishment candidate, and now they may actually have to find someone else. Convention is like just a few weeks away. Clock is ticking!
Hey Monster @6.2
Wouldn't that be fun !!?
An all new candidate to crush. And this late in the game, too. Think the teabaggers would get a hint ?
@thisbusymonster
There will be a surprise in Tampa at the Republican convention. Ron Paul supporters have taken over the republican party in 'many states' there fore they will vote in their candidate and not Romney. On top of all the other trouble Romney's in he has that to look forward to.
At the Republican Convention, in order for Mitt Romney to get Ron Paul supporters, those supporters of Ron P., are bargaining that Ron Paul be offered Secretary of the Treasury of the United States. Where he will be in-charge of the FEderal Reserve, IRS, and an advisor to Mr. Romney (should he become President.)
TRFjr,
When did the President actually call Mr. Romney a felon? You slur the President of the United States by calling him "the most despicable person...." based on something that never happened. Perhaps you should consider some soul searching before deciding who and who is not "despicable"
Cagan, He doesn't have a soul to search. He's just here to insult, call names and pread his Fox Lies talking points. He has NEVER given any information, sources or links. Just Fox Lies talking points. It's how he get his jollies.
@Cagan and larry74
They also use direct quotes from propaganda websites and claim that they are for legitimate sources...
Even skew poll results to make their candidate 'overwhelmingly' successful and then you find out later the poll results are based on only 13% of people not even considered 'likely voters' and hardly constitute the majority needed in order to win a presidential election...
Huuuummmmmmmmmmmmm......... so Romney made millions by investing in companies that made things in China to sell to America.....................................Romney the Job Creator....................for China!
Romney treasonous to the American worker...........he takes their jobs, not creates them.
Obama/Biden 2012 FOR SURE
Anybody know how much we are paying Russia for the space program? Has Obama outsourced any jobs with the stimulus money? Sounds alot like the pot calling thew kettle black to me.
Nope.......HR ........the stimulus created American jobs and profits were and are for America..............
Romney's profits are in the Cayman Islands, Bermuda, or in Swiss Banks.....................American workers nor the American treasury benefited from Romney's mulit-millions.
Obama/Biden 2012
@High rolla
What has Russia and the space program got to do with it?
Years ago, the decision was made to retire the Space Shuttles and not put the money into a replacement. We still have the International Space Station. The only way to get people and supplies up there and back is using the Russian capabilities.
Yes - some of the stimulus money ended up going to foreign jobs. The stimulus act was a big program that was put together in a hurry - because the economy was collapsing. Any surprise that there were things that could have been done better? But overall, the Stimulus was successful, though it was a four foot ladder to use to get out of an eight foot hole! (too small)
then explain Fisker explain the 500 million dollar loan to build a new electric car they took that loan to build a factory but not in America but Finland not one American job was created with that loan only jobs that was created was in Finland
trf you argued for 25 posts a poster showed you that you were wrong on your Fisker bull@!$%# and now 3 days later you are back pushing what you lost on. What just can't lose and deal with it. For 1 thing you are not at free republic where people spread the same crap as you spread. 2 that you are so dishonest and argumentative in post after post after pose you and your ilk around here are not going to convince us of anything because you are dishonest. 3 you are not as smart as you think you are, we know you and those like you spin lie twist and really we are fed up with your boorish behaviors.
It's the only information Fox Lies has given him. He has to keep repeating it until they give him new Fox Lies.
I don't know. Why don't you just do the typical Teabag Tango, and make up some stupid @!$%#, because it won't matter anyway, as clearly you are just here to carpet-bomb the thread with troll@!$%#. I'll go ahead and put you on ignore now, and save myself the distress and frustration.
http://www.washingtonpost.com/blogs/fact-checker/post/mitt-romney-and-his-departure-from-bain/2012/07/12/gJQAASzUfW_blog.html#pagebreak
Why
does it matter when Mitt Romney left Bain Capital?
Millions
of dollars of attack ads by the Obama campaign are hanging in the balance. If
Romney left Bain in February 1999, when he departed to run the Olympics, then a
number of business deals that went sour (such as KB Toys) can’t be counted as
part of Romney’s tenure. If he actually left in 2002, as the Obama campaign
alleges, then those deals are fair game.
We
have looked at this issue before, back in January, and thought we had settled
it.
But
now the Boston Globe has raised the issue again. The story seems to hinge on a
quote from a former Securities and Exchange Commission member, which would have
more credibility if the Globe had disclosed she was a regular contributor to
Democrats. (Interestingly, “The Real Romney,” a book on the former
Massachusetts governor, by Boston Globe reporters, states clearly that he left
Bain when he went to run the Olympics and details the turmoil that ensued when
he suddenly quit, nearly breaking up the partnership)
We’re
considering whether to once again take a deeper look at this, though it really
feels like Groundhog Day again. There appears to be some confusion about how
partnerships are structured and managed, or what SEC documents mean. (Just
because you are listed as an owner of shares does not mean you have a
managerial role.)
To
accept some of the claims, one would have to believe that Romney, with the
advice of his lawyers, lied on government documents and committed a criminal
offense. Moreover, you would have to assume he willingly gave up his share to a
few years of retirement earnings — potentially worth millions of dollars — so
he could say his retirement started in 1999.
UPDATE:
Fortune obtained the offering documents for a Bain Capital Fund circulating in
June 2000, as well as a fund in 2001. None of the documents show that Romney
was listed as being among the “key investment professionals.” As Fortune put
it, “the contemporaneous Bain documents show that Romney was indeed telling the
truth about no longer having operational input at Bain -- which, one should
note, is different from no longer having legal or financial ties to the firm.”
For
interested readers, below is a summary of what we, FactCheck.org and Fortune
magazine have previously concluded.
The
Fact Checker, Jan. 18, 2012
A
2002 statement he filed with the Massachusetts State Ethics Commission on his
financial interests lists ownership of various Bain entities, some of which
appear to intersect with the funds that invested in KB Toys. The document says
that Romney is “a passive, limited partner [with] no management capacity” in
many of these funds.
In
the Massachusetts document, Romney is also listed as 100 percent owner of “Bain
Capital Inc.” But there is less than meets the eye here. Bain Capital Inc. was
the management firm, which was paid a management fee to run the funds and
actually made virtually no profit, since it existed to pay salaries and
expenses. After Romney formally left Bain in 2001, a new entity called “Bain
Capital LLC” took over the management function.
By
virtually all accounts, Romney was focused on the Olympics in the 1999-2002
period. Yet because Romney had not legally separated from Bain, his name is
littered across Securities and Exchange Commission filings concerning Bain
Capital deals during this period. The crazy quilt of private-equity structures,
in some ways, makes his ownership appear even more ominous, as the filings list
hundreds of thousands of shares controlled by Romney.
Even
so, it is a real stretch to claim that Romney — himself — “closed” these
stores. No evidence has emerged that he was involved in the KB Toys
transaction. Indeed, when creditors sued over the dividend payment, they named
six Bain-controlled entities and three Bain executives who had served on the
board of KB Holdings.
Given
that the plaintiffs’ lawyers will try to list as many defendants as possible to
try to force a settlement, one can be certain Romney would have been named if
there had been any hint of his involvement. But he was not named, despite the
SEC filings suggesting his control of the shares.
FactCheck.Org,
July 2, 2012
Factcheck.org is not a reliable source!!! Rachel Maddow has fired them and so have I!
Obama/Biden 2012
Rachel Maddow is a idiot..... I fired her........
Vote NO Obama 2012!!!!!
And I'm firing you! " I love firing people........"
Obama/Biden 2012
those where summarize of article written by Washington post, fact checker, fact checker.org and fortune magazine so you are saying they all are lying they all got together and collaborated and came up with the same conclusion
And you are saying birthers are crazy
Was Mitt lying about leaving in 1999 or lying about his duration at Bain when he claimed to have worked there for 25 years? Remember, he started in 1977 and that would mean leaving in 2002. Which time was he lying?
TRF..............Then why are Romney's name on the SEC filings for Bain in 2000-2002 ? ?????
Cause he owned it, he was the CEO, he was in charge of it and benefited from it.
Guess those rooster's are coming home to roost!!
Obama/Biden 2012
because he was still collecting a paycheck from his investments with Bain so technically he was still listed on their payroll but like i said and have been proven he had no direst involvement or decision making in Bain after 1999
Bill Gates is still collecting a paycheck from microsoft and is listed on their board of directors but we all know he gave up direct involvement in the company years ago
Let's see the tax returns to prove the information he claims. Mittens is awfully afraid of whatever is in his tax returns for the previous decade.
You don't listen well do you TR................He was listed on the documents as OWNER/CEO of Bain! Everybody else was an employee of his!!!!!!!!!!!!!!!!!!
Obama/Biden FOR COMMON SENSE !
@ Dem
i can tell you didn't read the Washington post article
what had Romney listed as CEO was Bain Capitol inc which was a small entity of the larger company called Bain LLC the purpose of Bain Capitol inc was a management entity whose job was to make payroll and company expenses it wasn't involved or had anything to do with investment portion of the company
This is the problem with Liberals they have no idea how large cooperation work take Honda for example they make 100 different products from cars to lawn mowers to motor cycle and each one of them are run as a separate entity with different CEOs working all under the same name
TRF, I couldn't get your link to work even if I add http;//www in front of it. Is it the same one b113 keeps posting? if so, please read the last line in paragraph 2 under Fact Checker; Jan 18th, 2012. It states Romney was formally left Bain in 2001. Do you still consider Fact Checker accurate?
it is the same as B113 posted and yes he didn't Formally leave Bain till 2001 but if you read everything there is proof he didn't have any direct involvement or decision making with the investment portion of Bain sense he went to run the Olympics in 1999
TRF, honey, if Romney didn't Formally leave Bain till 2001, how do you explain him flying to Massachusetts in 2002???
for the same reason why i went back to my old job a year after i left the company because i had paper work that needed to be filled out to transfer my retirement funds
Look when you was the CEO of a large cooperation it takes years to completely take care of all business you had with the company im sure there was hundreds of loose ends that needed to be taken care of
I'm sorry TRF but if I could post a head banging icon I would. You're comparing yourself to multi-million dollar CEO. When it comes to his money, Romney is a smart man. Securing his money will always be the first thing he does, not the last. But you know what? The only thing either one of us doing right now is guessing/making assumptions. If Romney would release more of his past tax returns, we would have facts instead of assumptions. Don't you agree?
Two points:
The difference between Honda, Microsoft and Bain: Bain is the only company with 1 shareholder (Mitt Romney).
It simply makes no sense that someone who is the sole shareholder, CEO and Managing Director of a company, who draws a salary in excess of $100,000/year, has no involvement with the company.
TRF: Did your old job pay you after you left?
TRF sure seems to know a lot about how Bain works. I wonder where he came by this knowledge?
Blah, blah blah blah. Here's what I hear:
I have no concept of responsibility
I have no clue about credibility
I will believe anything I'm told as long as it conforms to my prejudices
His SEC filings are not in doubt, and the WaPo article has been debunked. MITT LIED. Ergo Mitt is a LIAR.
That's a little to convoluted for a rightie to understand.
b113-
Virtually every 'factcheck' item you mentioned has already been debunked. This is a very fast moving and developing story. And it's far from over.
I'd be very careful about clinging to Romney right now. He might not end up the candidate at all.
But.. as a troll, I do give you points for trying..... I like trolls; they make me think hard and long about my replies.
And now it comes to light that Mittens signed at least a half dozen different documents and filings during 2001 and 2002 for Bain. Seems like he was awfully active for someone that had zero affiliation with the company after 1999. It goes along nicely with the ex-Bain employee Mark Wolpow that has documented that he reported directly to Mittens at Bain during 2002. Come on Mittens, all you have to do is provide the same information your father and every other Presidential candidate for decades has made available.
no way should anyone apologize for telling the truth. it seems rummy is not capable of honestly. he is the most secretive candidate ever, refuses to disclose his tax returns, flip flops so often it is a miracle he doesn't have whiplash, is now snuggling up with Cheney for money of course, has many bush advisors on his team (we don't need a repeat of the bush-cheney years). rummy loves to fire people, is the king of outsourcing jobs that should have staying in the USA, doesn't worry about the poor (how could he since he cannot relate to us), and changes his story so often it is pathetic. he cannot even stand up to bullies like trump or limbaugh. this entire story of his time at bain needs to be revealed and since he won't the news media will. if he did indeed break the law he needs to be held accountable!!!
Such a pity, huh ?
Seems like the 'standards' we use to pick our leaders are getting really weird.
Used to be that folks like Romney wouldn't even be nominated because the party knew they'd fail. A candidate HAS TO BE honest and intelligent. I see little of either in Romney. His intelligence seems to be limited in areas other than ultra-rich financial stuff. And he can't seem to figure out what he stands for.
How is that supposed to translate into 'voter confidence' ???
ED your a BIG fat lier!!!!!!!!! WaPo, the Fact Checker, FactCkeck.org and Fortune Magazine all have written article debunking this claim this has also been conformed by the Mass. election Board.That is a flat out lie and fact checks have showed none of this to be true. Funny how you do not hear that on MSNBC. its a crime to call some one a felon without any proof it is called slander.
VOTE NO Obama 2012!!!!!!
If you must call ED a name.............would you please spell it correctly?
Much education? or not...........
The slop over at the pig sty F----news is not really news in case you haven't caught on yet by not being educated.
Obama/Biden 2012FOR AN EDUCATED AMERICA
Canada won't even air fox news!!!!
Another way they're leading America.
MSNBC seems to be a Democratic Party advocacy platform. You smear FOX News for slanting toward the right while promoting nothing but a left agenda; literally promoting Obama's re-election and running anti Romney trash 24/7. Why not take the "News" out of the title and admit that you are much further biased than even Fox! Unbelievable! You promote here-say and gossip as fact, while self righteously claiming the "high road" as you demean and slander anyone Republican or connected with the Republican Party. So much for debate or equal time. Pathetic.
F---news doesn't slant................they flat out LIE! Everyday! The have hurt America and are the cancer destroying democracy and decency!
Republicans are liars and deceivers ............repulsive and nauseating!
Wow DemElizabeth put down the coolaid......
VOTE NO Obama 2012!!!!!!
How many Democrats does Fox Lies have on? How many Democratic commentators? NONE MSNBC have many Republicans on, some as contributers, some as commentaters. doesn't sound all the left wing to me.
Larry...if you are going to lie, at least try to make one up that is plausible. Fox has Democrats commentate on most all of their shows.
I will admit that Fox is a right leaning organization that supports a conservative agenda, but for you to deny that MSNBC is a left leaning organization that supports a liberal progressive agenda is ridiculous. If you truly are in denial about that fact, you are worse off than I ever thought you were, and that is pretty bad..
BTW...the last two examples of a Major Networks falsifying documents and/or audio tapes to support their agenda have both come from MSNBC/NBC.
just saying...
Just making excuses but then we know Fox news has lied and made up fake outrage news, 1 ACORN lost their funds because of a Fox news lie, 2 Fox news lied and tried to claim that 3 guys calling themselves the new Black Panthers were intimidating voters, then lied and said Obama's DOJ let them go but that case was dropped a month before Obama was sworn in. 3 Shirley Sherrod was fired because of a Fox news lie. 4 Eric Holder was also blamed for something he didn't do nor was the ATF gun walking under Holders watch, the gun walking happened under Gonzales watch. That is 4 out right lies made up by Fox news and you have repeated them every since.
Stormguy, name me one true independant (not a Libertarian, they're just republicans that want more sex and legal marijuana) or true Democrat currently hosting a show on Fox News. We'll be waiting...
Storm is a rereg of Captain America.
Just sayin...
Yep Chris though he tries to deny it but then he gave it away with his rewrites of history and general lack of basic criminal law. He claims he is a retired school teacher but if that were true his pension should be stripped from him because he cheated kids out of a good education. That he is on government handouts, it is rather amusing because his tea bagged republican whiners never call him out for being on the dole just shows where they really stand all for us everyone else can go suck an egg. The funny thing is that capt entitled should be kissing the democrats ass because if it wasn't for the democrats capt entitled wouldn't be getting a dime.
Please provide any shred of PROOF that I am a re-reg of Capt America or any other name and I will be happy to leave this site and never come back again. It should not take you brainiac liberals any time at all to do it if that is true, but it is not, so I have nothing to worry about. Amazing how high and mighty you guys can be when you know that you don't face the same scrutiny that others face. That is fine...this is a left wing wacko board...your rules...no problem...
Am I a retired school teacher...absolutely not! Am I on government hand outs...absolutely not. Am I a member of the 1% club...absolutely not.
Now, back to the matter at hand...it is hilarious how you Dems change the subject and redirect once you are up against facts which you can not dispute. Larry made the comment that FOX had no Democratic COMMENTATORS. He is obviously wrong. There was never a mention of whether they had any HOSTS, even though Bob Beckel on "The Five" would come close to that. I never said that they had any Hosts, I said they had COMMENTATORS. If any of you wackos want to dispute that, go ahead and try.
BTW...congrats to Fox for helping to defund ACORN.. And I did notice how you completely avoided the fact that MSNBC/NBC has been caught TWICE in the last 6 months altering audio tapes to meet their agenda. Good attempt to hide, but you can't.
just saying...
That was not MSNBC.
Like I said capt re reg makes up history and facts as he believes he can show the GOP in a good light when all he has is scum that crawled out of the cesspools of society.
Lol. Anybody from the Bama camp apologize? Be accountable? No way. lol Dems are very comfortable lying, its second nature for them. They hold themselves far above the law and far above the American people, feeling they can do or say whatever they want too. The question was asked,"would you hire someone that lied on their resume?" My answer is no. I didn't hire the liar the first time and hope come November he will be fired. We have got to bring law, order and common decency back to the Presidency. Not having a President for the past 3 1/2 years has made us the joke of the world. We have no respect from our alies and of course our enemy's are just loving what has happened to us and waiting for the bama camp to totally "destroy America from the inside". All politics aside, we have got to get the bama camp out if we are to have hope for our Country. Mitt will do a great job. He is one of the few people running for President or any office that is and has lead an honest life. Very uncommon. And as most average working Americans know, alot of people don't like the good guy because it makes them have to look at themselves and they don't like what they see. We got to take our Country back people. Vote Romney and we will.
Republicans are the LIARS! Republicans have obstructed jobs for Americans and want to deny Affordable Health-care to millions of Americans.
Republican policies have bankrupted America and her cities.............never vote for another republican again if you want a decent and healthy America!
Obama/Biden 2012
Dem turn off MSNBC and breath LOL
VOTE NO Obama 2012!!!!!!
So to anyone with a working brain that would mean someone is fudging the numbers on the GOP side because how can something cost when it isn't in place. That amounts to looking at a car ad and saying it costs you $6000 more then the price tag even though you have yet to make a down payment on it.
XEPTDX, how about if you stop lying about the Affordable Care Act and stick to the facts instead. Here's the latest Congressional Budget Office Estimate from only a few months ago. The overall numbers are almost identical (shifting slightly on both revenue and cost) to the original plan:
http://www.cbo.gov/publication/43080
Cherry pick and spin yep typical lying tea bagged republicans. Here is a clue it has a R behind its name it is a lying republican what you believe we are going to take the word of a lying republican. Here is a clue republicans lie about everything.
So you're going to take the information provided by a tea-bagger republican as fact rather than the information provided by the independant Congressional Budget Office? Tells me all I need to know about you, thanks.
Just curious: If you were poor, for whom would you vote? Dem Party? Well, Clinton gave us NAFTA, a key part of our massive job drain, and he tore out the social safety net, turning a portion of the desperately poor into a super-cheap replacement workforce (very useful to block unions and suppress wages). Middle-class Dems and progressives, in terror of being called "namby-pamby liberals," won't discuss poverty. At best, they call for trickle-down economics (create more jobs, and eventually the poor will find employment.) Once you're no longer a middle class worker, you don't exist. That always comes as a shock to those middle class workers who lose everything, becoming one of America's Non-people. Once you're poor, you feel a sense of betrayal by Dems and progressives. Now, we like the idea of Third Parties, but we have only two viable parties, neither of which represents those below a certain economic line (and there are so many today!). The fact is, Dems of this generation have been worse for the poor than Republicans. To vote Republican ensures that more people will be pushed into poverty. When enough people know what American poverty today really means -- when they figure out that if you are so poor that don't have a home address, phone, bath/clean clothes and bus fare, you are unemployable -- maybe then we will have to talk about the realities of poverty.
Wrong wrong wrog Clinton did not give us NAFTA, that was a Bush 41 ideal that Bush couldn't get pushed into law before leaving office and in fact NAFTA was not even voted on until the GOP won the mid terms during Clintons last years in office. The rest of your bull@!$%# is just that bull@!$%#, take Reagans trickle down bull@!$%# else where no one buys a lying tea bagged republicans bull@!$%#. Trickle down didn't even create jobs for Reagan ffs.
DHB. Do you know what NAFTA is? North American Free Trade Agreement. I didn't know china, indonesia, Japan, etc. were on the North American Continant.
They may buy it soon, if Romney gets elected. With a Republican, everything's for sale.
I agree DHB..........President Clinton went along with the republican pressure............and against the wishes of Hillary Clinton, she said NO.
The NAFTA issue is exactly why Democrats do not need to EVER compromise on their issues by giving in to republican pressure. Republican policies have proved disastrous for America
Obama/Biden 2012
BTW - Larry is correct about NAFTA.............I still did not support it and at the time knew in my heart that it would not be good for American workers.
The evidence of these trade agreements pushed by the republicans is clear evidence on top of evidence, that republicans and their policies are destructive to America!
Obama/Biden 2012
DHB- well, I'm on a fixed entitlement and am below the poverty line. From what I've seen of the Republican Party and their policies, I would be totally screwing myself to vote anything but Democrat. They seem to be the only outfit that isn't interested in destroying the Veterans Hospital system. Seems the other parties think it would be better to roll the VA medical care into the already ridiculous HMO "very for profit" system. I think, myself (no proof- just a feeling) what they really want is to get all those 'paid-for' hospitals to sell to the highest bidders.
Yeah, I got self interests just like you. I want to try to live a while longer. I need medical care to do that. Food and shelter is really nice, too. Believe me-- if I could work, I would. Jobs for folks in their 60's, who are handicapped in several ways and who can't walk too well and have to lay down a lot- heck-- those jobs aren't there. They just aren't. Been looking for 5 years.
Romney just doesn't give me hope...
Rachel Maddow reported tonight that Mitt Romney did not leave Bain Capital until at least 2002. Documents dug up by the Washington Post said that Mitt Romney was still on the corporate board of Bain Capital including listed as chairman in some of these documents. So while Mitt Romney was away from Bain Capital in 1999 to run the Olympics he still had access to and knowledge of decisions and workings of the corporate board that ran Bain Capital. So go checkout Rachel Maddows segment and then see for yourself that the Mittster speaks with a forked tongue where he gets credit for all the good things and then magically disappears for all the bad things that come along. Romney knew plenty about closing steel plants in Kansas city and other places. This guy is nothing but a fraud and liar who bends and twists in the wind like a pretzel.
what Mr Maddow failed to tell you that Romney between 1999 and 2001 was the chairman and CEO of Bain Capitol Inc which was a small entity of the larger Company called Bain LLC
Bain Capitol inc was a management entity whose job was to handle pay roll and expenditures of the cooperation it had no involvement in investments that was Handled By Bain LLC
this is all explained in the WaPo article that Mr Maddow conveniently failed to disclose
Wrong Bain LLC is what Bain capital became after Mittens left Bain in 2001.
TRF, Bain & Company is a consulting firm. Bain Capital is an investment company. Bain Capital does more than just handle payroll and expendutures of corporations. From Wikipedia (since anyone, including people from Bain Capital, can change the write up you have the choice to believe it or not);
(emphasis mine)
OK, I fell for it...
Mr Maddow ??
As a former IRS agent for many years, it appears to me that the payment of $100,000.00 by BAIN to candidate Romney may not be a legitimate and legal deduction to the corporation. And in this context they are usually characterized as “unreasonable compensation”, which normally would be disallowed.
Furthermore, if Romney shielded those salaries from taxation then this appears to be a case of federal tax fraud.
I fervently believe that this whole matter should be vigorously investigated and pursued to the fullest extent of our laws!
How much more of a tangled web will Romney have woven by the time the General Election arrives.
Most of what little I know about Romney may not actually be true. Regardless of what the real truth about Romney actually is, there is one thing I do know about him that is cannot be wrong, given the vagaries of his flip-flop nature. Romney would be a terrible President. In comparison, Fillmore, Harding, and Hoover, would be good. Carter would be great; Nixon and Bush-43 would be acceptable.
I find it quite likely that the Romney gaffes will continue, as it's obvious that the Romney Campaign did not engage in sufficient opposition research on Romney. Whatever "Devil's Advocates" may have been used were only "Impish wannabes." Given Santorum's accusation that "Romney would be the worst Republican in the Country to run against Obama" and Gingrich's comparatively friendly but damaging attacks on Romney during the early Primaries, someone on the Romney Campaign Staff should have known that the attacks to come would be much worse.
I also find it quite likely that the fact that Romney was still the CEO of Bain Capital in 2002 according to records filed with the SEC, in spite of the fact that both Romney and Bain Capital claim that Romney had effectively resigned from being CEO in order to rescue the Salt Lake Olympics, that some of what Romney did as CEO of Bain Capital between Feb. '99 and 2002 is associated with his reluctance to make more tax returns public. In other words, there is something in Romney's tax records that he wants to remain hidden, and prefers to take his chances by being as opaque as he can possibly be.
Romney's gaffes: the gift that keeps on giving, and will go a long way towards getting Obama reelected.
And you have read all the SEC reports right?
Do even know what SEC number to look for?
Is it a 8K?
This is all Bull$hit from the lack lustre obama camp, face the facts obama can't run on his record.
So time to just make crap up.
Oh.............make up crap like Romney claiming to be good for American business? It is just another false claim by the Romney camp.
Romney can end all of the speculation by submitting the tax records for the years 2000-2002 and make President Obama a non-truth teller; just like President Obama did when he put out his long form birth certificate!
Obama/Biden 2012
Of course, I want to see between 2003 and 2009 as well to see how much of his money was in Swiss and Grand Cayman banks and how many tax haven shell companies he owns.
I agree...let Romney do what Obama did...show the records....after he gets elected...just like Obama did...
just saying...
Whats that capt re reg lost Mittens underpants and can't remember where you put them because you were spinning so much you lost the ability to remember. Poor capt re reg, now he will have to make up a lie.
If this was any other person, the SEC, IRS and the USAG"s office would be doing a criminal investigation already. Why has one not been started yet, is he buying a free pass?? Investigate and if it is true, throw his ass in prison.
One name "Jon Corizne"
Dude ran off with a few billion quid.
Tom delay and Jack Abramoff we can play too.
And those 2 did what??? ran off with with other peoples money??
type MF global into your google machine.
Do you want the whole list of republicans that have run banking fraud schemes on the general public and collapsed the economy due to their financial scams? There's a limit on how many characters these comments can have, it'd take a few boxes.
Yes please give me a list of republicans that have run banking fraud.
Now notice that MF Global is not a bank..
But please hurry with your list.
Please hurry because Google takes you to wing nut land when you type in the words you say put in. Here is a clue if only wing nut sites are whining about it then you know for a fact that it is a lie.
I'll give you just a few of the easy ones, if you want more just use the Google.
Galleon and Rajaratnum
UBS (4500 People with Secret Swiss tax-haven accounts, want to bet on demographics?)
Allen Stanford
Tom Petters
Bernie Madoff
Angelo Mozilo
Bank of America/Merrill Lynch (executives unnamed by judge in case)
Ralph Cioffi and Matthew Tannin (Bear Stearns)
Arthur Andersen and Enron
Vaughn Realtors
Health South
Dennis Kozlowski (Tyco International)
WorldCom
Halliburton
It's an embarrassment of riches.
Obama must be getting real desperate.
No Mittens must be @!$%#ting his magic underpants because Mittens has been caught in another lie. Funny how you blame Obama for Mittens lying.
No it's the obama camp caught in a real big lie.
See they can not prove any of these Bull$hit allegations.
1st all SEC fillings are public record.
Now go find the one that shows he was still the CEO in 2002.
They already have cow. That is what they are reporting Mittens was getting paid as sole owner of Bain In 2001 and 02. Here is a clue cow it doesn't take 3 years to close a business deal. Oh and btw Mittens when he was running for governor said he was just on a leave of absence not retired. Something smells like @!$%# and its coming from Mitt.
There is not SEC filing showing that what so ever.
If there was the boston fish wrap would have included the SEC number and date of filling.
try edger.com
or better yet sec.gov
Always moving the goal post or in other words you will refuse any answer or proof that shows your belief is wrong so you are just a waste of time but then its fun watching you spin and twist like a hung man.
Obama can't run on his record, so let them make up crap and 1/2 truth to try and head fake the American people.
Just one problem, We the American People are not that naive.
The cost of the food stamp program when bush left office in 2009 $17 billion, today it is $78 billion.
7.6% unemployment when bush Left office in 2009, today it is 8.2% and has been over 8% for 41 months in a row.
Couple of obama's accomplishments.
Once again spin away and what is Mittens record? Who knows Mittens lies so much you don't know what he did or didn't do because Mittens lies about everything.
The American People are so involved in watching silly t.v. shows and sports that they don't even know what is going on. Yes, they are that naive! The increase in food stamps was higher under Bush! Of course, it has increased and the unemployment figures have increased, Bush almost put us in a depression that would have destroyed America. Giving away tax money to the rich bankers and allowing the mortgage gamble. No charges were ever brought. Only the middle class and poor are prosecuted! Mitt will end America as we know it! Bush handled 911 in the worse way possible. Beginning 2 wars instead of hunting down Osama...whether true or not, I read quite a bit about Bush having connections with the muslims. He was not going to avenge the thousands of Americans who were killed...because of his money connections.
An oligarchy or worse is what America will become! Then there will be a revolution...wonder what country will come to help us! China,,,,Japan!
Go to baincapital.com
there you can read all about mitt.
But I know the ed show knows more about bain capital than the ever people that run/work there.
Furthermore all SEC fillings are public record.
You're really naive enough to believe what Bain puts on their web page? I'm sure you believe that Blackwater (and now Xe) are really the good guys as well, right?
So you are telling me that bain lies on their web site??
More Kool-Aid please
Will that mix with your tea?
They put what they find favorable to their business, and only that information. You think they're going to highlight all the damage they've done to smaller companies by breaking them apart and selling off the pieces for scrap? You think they're going to highlight the shell companies in the tax haven countries, the money being laundered into Swiss or Grand Cayman accounts to hide it from legitimate taxation? No, they put only what they believe is going to be beneficial for their bottom line.
Look all you libreals, go to irs.gov and learn what an LLC is.
Then go to sec.gov and search for the SEC filling(s) that shows all this BS.
Hurry while I'm young.
Look, all you ignorant tea-baggers. Define what it means when someone claims that they have no affiliation with a company after 1999 and then it turns out that they are on all the filing reports, were drawing a salary, attending board meetings, and making claims for jobs that were "created during the period of 1999 until 2002". Romney started Bain in 1977 and has repeatedly made the claim to have worked there for 25 years. What year does that mean he finished his time there, yes it's a tricky math question. Face it, he either lied then or he's lying now, which one is it? We'd know the truth if he'd only follow his fathers' lead and have the integrity to release his tax forms and other documentation for the past 12 years. He doesn't have the ethics or morals to be President.
I think he was lying both times.
Chris not to mention that Reagan was also a lying SOB who demonized poor welfare blacks with stories made up in his demented mind.
Why are you spamming with that lie? Why do you support programs that waste tax payers dollars because the programs can not find jobs to get people off welfare all they can find are part time service jobs that doesn't pay a living wage.
Notice the two big words in that statement???
"Might have".
They should rename MSNBC to The Propaganda Network.
Yes . . . unlike Fox News, MSNBC does not present speculation as fact.
"Might have" is as close to "Speculation" as you can get.
Next the ed show is not "News". It's his opinions.
Which is exactly what both of them state.
Anytime we need to go into space we have to pay Russia a ton of money. That is money that is being outsourced ( not going to americans) . Cities are going broke and unemplotment is over 14% for blacks. This is what we have under Obama. Now Mitt Romney has made miilions and is a very succesful business man. So you can vote for the man who thinks borrow money to make payroll is a permanate fix are you can vote for a succesful business man .
Skippy...you are correct, MSNBC does not present speculation as fact...what they do it take the facts and completely misrepresent them through the process of editing audio tapes...
just saying...
Sigh . . . I'd ask for proof, Stormguy, but I know there isn't any.
Just saying . . .
Skippy...
Here is one for you free of charge...the rest will cost you...
http://www.washingtonpost.com/blogs/erik-wemple/post/nbc-issues-apology-on-zimmerman-tape-screw-up/2012/04/03/gIQA8m5jtS_blog.html
I guess you were wrong, there is proof...
just saying...
Skippy...
no more stupid comments from you after you have been proven wrong...what a surprise...
just saying...
Wow, an article from an ultra-right wing publication that ignores the mountain of paper evidence, the people verifying that he was still active, and his own comments (how could he have worked at a company that was founded in 1977 for 25 years if he left in 1999?), and the comments of his campaign staff and himself in 2001 when testifying before Massachussets. That'll convince me that Mittens is telling the truth now. All he has to do is release his tax forms and financial documents like his father and every other Presidential candidate has done to answer the questions.
time for WORK so ppl can rent the basement from mommy+dad get welfare and play on dial-up that mommy+daddy pay for 24/7 on here help pay the 79billion bill for foodstamps hat prolly you get on here i and ppl on here need to know how work+get wefare 399 to go
Right whine some more about being forced to go to work first so you can use state computers to make extra Koch pennies.
mom+dad just got banned and he's back already?
And still spamming.
love it....half truths....hello Houston....we are getting in there....the void has a beeee beeee....admitting to truths.......
love it....might have....hello Houston....we are getting a reward on that public education we payed taxes for....holy cow the righties can read after all....holy cow....they do enjoy the taxes we paid so they can read...........
hmmmm....if this excites the righties so much....just hang in there for the debates...........
love it....cellar time for whines....only time to work or work is on a blog....could be the only vocation one could qualify for....Koch tester....where's the crackers?
US Attorney General should bring such charge against Mitt Romney so that he will be investigated and prosecuted to the fullest extent of the laws, like it is done to all other American citizens. Nobody is above the laws, that must be exercised.
On what premises would "got my azz in hot water" holder have to charge mitt?
Again all SEC fillings are public record.
The obama camp can not show one that proves mitt was still CEO in 2002.
@ho-lee-cow
You are correct - SEC fillings are public records.
But the newly publicized documents {SEC fillings} show that he was at least nominally in charge of the company until 2002 - “sole stockholder, chairman of the board, chief executive officer, and president.”
These are the facts.
The question is whether he was "in charge" or the paperwork hadn't been updated (or something...). Whether a crime was committed is dependent on the answer to this question.
We do not have the answer yet.
And if Mittens wasn't so busy hiding all of his tax returns and other documentation related to his time at Bain we may have an answer. My bet is he doesn't want that answer out in the general public because he knows the damage it'll do. Doesn't everyone have Swiss Bank accounts, multiple shell companies based in tax haven countries, and random Grand Cayman money funds?
What SEC number are these fillings???
If you can not show the number of the filling, then there is none.
So it's all public record go get the filling and post it here.
Interesting...I found the webpage where you can search the SEC filings.
What I discovered is that I don't want to waste my time sorting through the gazillion (just a estimate) of Bain Capital filings. Whether I can find them or not is irrelevant.
The Romney campaign is not disputing that the description of the filings in the Boston Globe and other reports is inaccurate. They are not disputing that they exist.
Probably why he told you to do it.
Here's one from February 2001. Look at the bottom of the page under the Executive Officers Listings and tell me who is the first name on the two Lists (as Chief Executive Officer):
http://www.sec.gov/Archives/edgar/data/1054290/000092701601001009/0000927016-01-001009-0001.txt
1st that 2001 not 2002.
next did you read it?
Mr. W. Mitt Romney, in his capacity as sole shareholder, sole
director, Chief Executive Officer and President of Bain Investors VI, Bain
Capital, Brookside Investors Inc. and Sankaty Investors II and in his capacity
as sole shareholder, a director and President of Sankaty Ltd may be deemed to
share voting and dispositive power with respect to the shares held by CLEC
members. The filing of this statement by Mr. W. Mitt Romney shall not be
construed as an admission that he is, for the purpose of Section 13(d) of the
Exchange Act, the beneficial owner of such shares based on their pro-rata share
of membership interests in CLEC.
That says mitt has no voteing power or rights.
He claimed to have left Bain in 1999 and claimed that he had zero affiliation with the company after that point. All the information being produced by the Boston Globe and others directly contradicts these claims. He was still listed as the Chief Executive Officer until 2002. He was still drawing a yearly salary from the company in addition to the millions he was profitting from company stocks. He was still attending board meetings during the period of 1999 until 2002. He claimed to have worked at Bain for 25 years (and the company was founded in 1977, what does that simple math yield?). He claimed job creations at Staples that occured primarily in 2001 and 2002 as one of his success stories. Was he lying then or is he lying now? Why doesn't he release his financial records for the past 12 years like every other candidate (including his father back in the day)? Is he afraid of the truth coming out?
@coracii
I am in awe! Wow!
How is it that the "controlling person" has no voting power or rights?
Sole shareholder, Chief Executive Officer and President of Bain and you expect anyone to believe that he had no control and/or influence over the company? Why won't he release any of the financial documents and his tax returns to prove his claims? What's he hiding in those forms that he's protecting so well? What was in them that made John McCain dismiss him from the VP stakes so quickly four years ago? Why does he keep claiming responsiblity for jobs that were created at Staples in 2001 and 2002 if he had nothing to do with the company after 1999? He can keep running and hiding but the facts are going to come out eventually.
I can think of a whole lot of reasons, besides what may have been in the forms, that explain why John McCain dismissed him as VP.
Which means Sarah Failin was a better choice? Wow.
Chris.....oh man that hurts don't it....hahahaha........
Maybe Mitt should ask her to be his VP. She should have learned her lines by now.
Maybe she's learned how to say "Biden."
So, in the lead up to the worst financial crisis the country would face in more than 70 years Sarah Palin was the answer for John McCain instead of the financial wizard that is Mittens? Wow, that says a lot.
@Chris
It may mean that he made at least one smart choice (not picking Romney).
I will never understand why he picked Sarah Palin, but that she was better than Romney says a lot - about Romney.
Tina Fey told an interesting story about that. McCain was on the cover of Life magazine in 2004 with Fey. Four years later, he picked Palin for VP. So Fey said she might have been responsible for the whole thing.
1st there are 2 types of company stock, class "A" and class "B".
Class A shares (aka preferred shares) have no voting rights.
Class B have voting rights.
It is not uncommon for the CEO to have "Preferred" shares and no class "B" shares.
To quote Joe Biden "Mitt Romney wants you to have to show your papers but he refuses to show you his". So Mittens, how about following the example your father set and release your taxes from 1999 until 2009?
Looks like the crack ed show blog team can't find those pesky 2002 SEC filings either.
Right but you been told already that they had been found you just refuse to admit it. It is your problem not anyone elses.
Seems like ho-lee-cow just insists on sticking fingers in ears and screaming "I can't hear anything".
Coracii- nice catch back there at 28.7
Wonder if the DOJ and the IRS are doing full-on audits on every company mentioned... hope so.