Mitt Romney Bain Capital Document Lists Him As 'Managing Member' In 2002
Samantha
2012/07/15 18:03:18
The latest excuse, for Romney's apparent lies, is offered by Ed Gillespie who stated Romney retired "retroactively." Does this sound like another Romney lie? (Link: http://www.huffingtonpost.com/2012/07/15/ed-gillespie-m...
Add another document to the pile of evidence contradicting Mitt Romney's continued insistence that he ended his active role with Bain Capital in early 1999, part of his long-running effort to avoid responsibility for the company's activity, related to outsourcing and bankruptcies, during the years that followed.
A corporate document filed with the state of Massachusetts in December 2002 -- a month after Romney was elected governor -- lists him as one of two managing members of Bain Capital Investors, LLC "authorized to execute, acknowledge, deliver and record any recordable instrument purporting to affect an interest in real property, whether to be recorded with a Registry of Deeds or with a District Office of the Land Court."
In August 2011, Romney told federal authorities, as part of the financial disclosure process, that he "retired from Bain Capital on February 11, 1999 to head the Salt Lake Organizing Committee [for the 2002 Winter Olympics]. Since February 11, 1999, Mr. Romney has not had any active role with any Bain Capital entity and has not been involved in the operations of any Bain Capital entity in any way."
Bain Capital Investors is a Bain Capital entity.
The mountain of evidence that Romney had a connection to the firm after 1999 leaves him with two possible explanations, neither of them political appealing: Either Romney was officially in charge of the company but took no actual responsibility for it, or he was involved then and is either lying or shading the truth now.
Add another document to the pile of evidence contradicting Mitt Romney's continued insistence that he ended his active role with Bain Capital in early 1999, part of his long-running effort to avoid responsibility for the company's activity, related to outsourcing and bankruptcies, during the years that followed.
A corporate document filed with the state of Massachusetts in December 2002 -- a month after Romney was elected governor -- lists him as one of two managing members of Bain Capital Investors, LLC "authorized to execute, acknowledge, deliver and record any recordable instrument purporting to affect an interest in real property, whether to be recorded with a Registry of Deeds or with a District Office of the Land Court."
In August 2011, Romney told federal authorities, as part of the financial disclosure process, that he "retired from Bain Capital on February 11, 1999 to head the Salt Lake Organizing Committee [for the 2002 Winter Olympics]. Since February 11, 1999, Mr. Romney has not had any active role with any Bain Capital entity and has not been involved in the operations of any Bain Capital entity in any way."
Bain Capital Investors is a Bain Capital entity.
The mountain of evidence that Romney had a connection to the firm after 1999 leaves him with two possible explanations, neither of them political appealing: Either Romney was officially in charge of the company but took no actual responsibility for it, or he was involved then and is either lying or shading the truth now.
Read More: http://www.huffingtonpost.com/2012/07/15/mitt-romn...
Mitt's Presidential Bid Financial Disclosure:
http://www.nytimes.com/intera...
One contradictory document would be enough. The SEC has disclosed 9 so far. Here are 3 of them:
In November of 1999, his signature appears on documents connected to a deal with Stericycle:
http://www.motherjones.com/do...
That same month, Romney's signature can be found on paperwork connected to a Bain deal with Integrated Circuit Systems Inc:
http://edgar.sec.gov/Archives...
In February 2000, he signed documents related to a deal with Wesley Jessen Visioncare Inc:
http://edgar.sec.gov/Archives...
On his Presidential Bid Financial Disclosure he states:
One of these is a lie.