Showing posts with label Bain Capital. Show all posts
Showing posts with label Bain Capital. Show all posts

Tuesday, July 17, 2012

Dumbass Quote of the Week

"He took a leave of absence and in fact, ended up not going back at all and retired retroactively to February 1999 as a result."  
~Romney senior campaign advisor Ed Gillespie, trying to explain why Republican presidential candidate Mitt Romney was listed as CEO, sole stockholder, chairman of the board and coffee gofer of Bain Capital through 2002 according to SEC documents, when Mitt Romney claims he left Bain in February of 1999.
Yes. Retroactive retirement. He said that.



Thursday, July 12, 2012

I'm Running for Office, For Pete's Sake!

The Romney Campaign demanded a retraction today from the Boston Globe regarding an article that solidifies Mitt Romney's years at Bain Capital lasted through 2002, not 1999 as he had previously stated.

Boston Globe editor Martin Baron told them to take a long walk off a short Boston pier.

We received your request late this afternoon for a correction regarding this morning’s Globe story. Having carefully reviewed that request, we see no basis for publishing a correction. The Globe story was entirely accurate. 
The Globe story was based on government documents filed by Bain Capital itself. Those described Governor Romney as remaining at the helm of Bain Capital as its “sole stockholder, chairman of the board, chief executive officer, and president” until 2002. The story also cited state financial disclosure forms filed by Romney that showed he earned income as a Bain “executive” in 2001 and 2002, separate from investment earnings.

Keep digging, Romney campaign. Keep digging.

 
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