Translate blog

Thursday, July 12, 2012

New evidence: Romney didn't manage Bain funds after leaving.

New evidence for when Romney really left Bain Capital.

FORTUNE -- Mitt Romney did not manage Bain Capital's investments after leaving to run the Salt Lake City Olympic Games, according to confidential firm documents obtained by Fortune.

The timing of Romney's departure from Bain became a lightning rod earlier today, when The Boston Globe published an article suggesting that Romney remained actively involved with the firm longer than he and his campaign have claimed. The sourcing is largely SEC documents that list Romney as Bain Capital's CEO and sole shareholder through 2002 -- or three years after Romney officially left to run the Salt Lake City Olympic Games.

These claims are very similar to ones made last week by David Corn in Mother Jones, which we disputed at the time.

Now Fortune has obtained new evidence that supports Romney's version of events. (Continues)

No comments: