Romney stayed longer at Bain

[hal2kilo]

Is it your contention that the CEO and president of a corporation is not responsible for its actions?

I doubt that's legally accurate.

But hey, keep whistling past the graveyard.

You must not of watched any of the Enron hearings. Kenneth Lay had no problems admitting he did not know what was going on in his corportation and the millionaires club, I mean the Senate let him get away with it.

 

[DucatiMonster696]

http://www.powerlineblog.com/archives/2012/07/the-obsession-with-bain-continues.php

Romney left exactly when he says he left.

Let's just cut to the chase and post the reference they are using because Factcheck.org has basically dismantled Obama's claims against Romney and his time at Bain along with a few other claims made.

FactCheck to Obama Camp: Your Complaint is All Wet

http://factcheck.org/2012/07/factcheck-to-obama-camp-your-complaint-is-all-wet/

Romney’s Bain Years: New Evidence, Same Conclusion

http://factcheck.org/2012/07/romneys-bain-years-new-evidence-same-conclusion/

Obama’s ‘Outsourcer’ Overreach
The president's campaign fails to back up its claims that Romney 'shipped jobs' overseas.

http://factcheck.org/2012/06/obamas-outsourcer-overreach/

 

[sportage]

Let's just cut to the chase and post the reference they are using because Factcheck.org has basically dismantled Obama's claims against Romney and his time at Bain along with a few other claims made.

FactCheck to Obama Camp: Your Complaint is All Wet

Hold on... Not just yet....
More to come.
Looks like Mitty may have broken the law.
Felony in hand.
Talk about twisting in the wind, and slick Mitty.
Bottom line... Do you really want to re elect another Richard Nixon?
Romney's turning out to be Mr Sleeze.
Even his financial supporters are going OMG...... WTF is next Mitt?

When Americans think about outsourcing, and how they hate job loss by outsourcing, how they hate companies that outsourced, and how they hate a government that allowed out sourcing, think Mitt Romney.
Mitt Romney is the king of the out sourcer.
Mitt mastered and took outsourcing to a new level.

Can't wait till the debates... If Romney isn't in jail by then, that is.
Stay tuned... Much more to come.
Maybe Ron Paul will end up carrying the republican torch after all?
Hmmmmm

 

[nageov3t]

Bottom line... Do you really want to re elect another Richard Nixon?

is that on the table?

Nixon was a great President, I'd vote another back into office in a heartbeat. we could use someone in Washington who's actually interested in the public option for health care reform.

 

[Jhhnn]

Occam's razor anyone?

So what Werepossum, LTC8K6, Powerline, and other Mitt appologists are trying to say, is that its perfectly acceptable for a person to remain owner and CEO of a large corporation for 3 years, but make no decisions whatsover related to corporate governance?

The SEC filing is supposed to let everyone know who the hell is running the company.

And now that man wants the responsibility of being President?

Teehee.

Indeed. Or maybe he'll just let the VP run the show, kinda like Dick Cheney...

 

[Pr0d1gy]

Wow so he continued to be paid while no longer working there? That kind of throws a wrench into the old concept of Liberals being the lazy leeches, huh? Sounds like every other righty I know, sitting in an air conditioned office blabbing on the phone all day, or fucking around on their computer, while complaining about the laziness of the people whose jobs they shipped overseas and are now supporting by paying 15% taxes on their dividends checks. Typical bipolar bullshit.

 

[Matt1970]

Hold on... Not just yet....
More to come.
Looks like Mitty may have broken the law.
Felony in hand.
Talk about twisting in the wind, and slick Mitty.
Bottom line... Do you really want to re elect another Richard Nixon?
Romney's turning out to be Mr Sleeze.
Even his financial supporters are going OMG...... WTF is next Mitt?

When Americans think about outsourcing, and how they hate job loss by outsourcing, how they hate companies that outsourced, and how they hate a government that allowed out sourcing, think Mitt Romney.
Mitt Romney is the king of the out sourcer.
Mitt mastered and took outsourcing to a new level.

Can't wait till the debates... If Romney isn't in jail by then, that is.
Stay tuned... Much more to come.
Maybe Ron Paul will end up carrying the republican torch after all?
Hmmmmm

Careful what you wish for. If Obama wants to bring up outsourcing, Mitt just needs to bring up the $30 Billion in Stimilus money that went to foreign companies.

 

[Matt1970]

Wow so he continued to be paid while no longer working there? That kind of throws a wrench into the old concept of Liberals being the lazy leeches, huh? Sounds like every other righty I know, sitting in an air conditioned office blabbing on the phone all day, or fucking around on their computer, while complaining about the laziness of the people whose jobs they shipped overseas and are now supporting by paying 15% taxes on their dividends checks. Typical bipolar bullshit.

I didn't know we we getting into the 3rd grade ideas of what a Conservative is..

 

[MooseNSquirrel]

30 billion huh?

 

[thraashman]

is that on the table?

Nixon was a great President, I'd vote another back into office in a heartbeat. we could use someone in Washington who's actually interested in the public option for health care reform.

He also illegally bombed Cambodia and lied to the American people about it. In addition during the Paris Peace Accords he was almost charged with treason for sabotaging the talks because he was trying to make the Johnson admin look bad. Only reason he wasn't charged is there wasn't enough evidence, which since then many have found enough that he would've been charged were it available back then. Nixon was a monster, even monsters have an occasional good idea. Ron Paul is the perfect example of that.

 

[hal2kilo]

30 billion huh?

One of those non-linked out of the ass numbers.

 

[cybrsage]

You must not of watched any of the Enron hearings. Kenneth Lay had no problems admitting he did not know what was going on in his corportation and the millionaires club, I mean the Senate let him get away with it.

This is one of the reasons why the Sarbanes-Oxley act was passed.

 

[fskimospy]

Romney's sworn testimony contradicts his claim that he was no longer associated with Bain in any way:
http://www.huffingtonpost.com/2012/07/12/mitt-romney-bain-departure_n_1669006.html

It's hard to see how attending board meetings does not make you involved in some way.

Either way, there is no good out for our good friend Mitt in this. Either he is a liar or he was pulling down a six figure salary for several years for explicitly doing nothing... while he complains about people wanting freebies.

 

[HomerJS]

You mean like how spent 20 years at a church with a crazy anti-american pastor, and then disowned him when it became political expedient?

Not done because of political expedience, done because the right wing machine Fox, Breitbart, Drudge et al blasted airways with blatantly untrue bullshit like this. Same reason he asked HI to release birth certificate. Too many rubes start to believe.

 

[cybrsage]

Wait, you are saying he did not attend that church and did not actually say his spiritual advisor was its preacher?

 

[fskimospy]

I like how people are trying to argue that a guy who was listed as the sole owner of Bain Capital, listed as the CEO of Bain Capital, received a $100,000 salary from Bain Capital, signed six different actions for Bain Capital, and attended numerous board meetings for Bain Capital acquisitions was 'not involved in the operations of any Bain Capital entity in any way'.

 

[HomerJS]

He made promises he had no intention of keeping - such as allowing people to view bills for awhile before signing them into law. If you have no intention of keeping a promise, it is a lie.

Hey, maybe he just "evoloved" like pro-choice, pro-life Mittens.

 

[blankslate]

Wow so he continued to be paid while no longer working there? That kind of throws a wrench into the old concept of Liberals being the lazy leeches, huh?

I like how people are trying to argue that a guy who was listed as the sole owner of Bain Capital, listed as the CEO of Bain Capital, received a $100,000 salary from Bain Capital, signed six different actions for Bain Capital, and attended numerous board meetings for Bain Capital acquisitions was 'not involved in the operations of any Bain Capital entity in any way'.

^these...

http://www.boston.com/news/politics...cuses_mitt_romney_of_lying_about_bain_tenure/

Romney and his presidential campaign have gone to great lengths to assert that he permanently departed Bain in 1999, never exerted any influence on its operation, and should not be held responsible for bankruptcies and layoffs after that time.



But at the time of his departure, Romney’s frame of mind was merely to take a “leave of absence” while he was running the winter Olympics, according to Romney’s own testimony to the state ballot commission, which let Romney remain on the ballot for governor in 2002.

How fortunate that his leave of absence turned into a retirement from Bain after 2002... I mean if he hadn't decided to completely leave Bain then he would've lost every bit of the "plausible deniability" that he's holding on too.

The Romney campaign did not dispute any facts reported Thursday by the Globe but nevertheless requested a correction, saying the story left the false impression that Romney continued to oversee Bain Capital’s day-to-day operations.

Globe editor Martin Baron responded: “Having carefully reviewed that request, we see no basis for publishing a correction. The Globe story was entirely accurate.”

Baron noted that “the Globe story was based on government documents filed by Bain Capital itself” and said the article “also gave a full account of the Romney campaign’s position that, notwithstanding several years of regulatory filings, Mitt Romney ‘retired from Bain Capital in 1999 … [and] has had no involvement in the management or investment activities of Bain Capital, or with any of its portfolio companies, since that time.’ ”

Romney Campaign "You haven't gotten any facts wrong but you need to correct yourself..."

Newspaper editor "yeah go pound sand"

priceless.

 

[Genx87]

I like how people are trying to argue that a guy who was listed as the sole owner of Bain Capital, listed as the CEO of Bain Capital, received a $100,000 salary from Bain Capital, signed six different actions for Bain Capital, and attended numerous board meetings for Bain Capital acquisitions was 'not involved in the operations of any Bain Capital entity in any way'.

I really cant believe I am going to bother addressing such a non-story. But according to people who work at Bain. He didnt have much to do with Bain after leaving in Feb of 1999. Are they also liars?

Pagliuca, a Democrat who unsuccessfully ran for Senate in 2010, told CNN: "Mitt Romney left Bain Capital in February 1999 to run the Olympics and has had absolutely no involvement with the management or investment activities of the firm or with any of its portfolio companies since the day of his departure."

In explaining the SEC documents filed in 2000 and 2001, Pagliuca said, "Due to the sudden nature of Mr. Romney's departure, he remained the sole stockholder for a time while formal ownership was being documented and transferred to the group of partners who took over management of the firm in 1999. Accordingly, Mr. Romney was reported in various capacities on SEC filings during this period."

http://www.cnn.com/2012/07/12/politics/john-king-bain/index.html?hpt=hp_c1

 

[blankslate]

http://www.cnn.com/2012/07/12/politi...html?hpt=hp_c1

from that article...

To be clear, all four of the sources voiced professional loyalty and personal respect for Romney. And all four have a vested interest in defending the work of Bain.

http://www.boston.com/news/politics...cuses_mitt_romney_of_lying_about_bain_tenure/

Experts in finance and security law disagree about how much legal significance the discrepancies between Romney’s financial disclosure statements and SEC documents may have.

One securities specialist said that Bain — a privately held company that is not traded on the stock market — should not be held to the same standard of accuracy as a publicly traded corporation. Adam C. Pritchard, a professor of securities law at the University of Michigan, described filings disclosing Bain dealings investments as “ministerial.”

“The only way someone would be misled is if they were an investor in” Bain, he said.

It would be a different matter in a publicly traded firm, he added: “If Apple were listing Steve Jobs as CEO, that would be a problem, him being dead and all.”



Others, including Roberta S. Karmel, a former SEC commissioner quoted by the Globe on Thursday, say SEC filings are a crucial window on the operations of business.


“Let me put it this way,” Karmel said: “It’s a pretty serious problem to file false documents with the SEC. You can be prosecuted for that.”

hmmm... ok. could be a non-story.... at the very least not changing the name on the SEC filings was a pretty gross bit of laziness... considering all of the debate about them.

 

[fskimospy]

I really cant believe I am going to bother addressing such a non-story. But according to people who work at Bain. He didnt have much to do with Bain after leaving in Feb of 1999. Are they also liars?




http://www.cnn.com/2012/07/12/politics/john-king-bain/index.html?hpt=hp_c1

That is directly countered by Romney's own sworn statements. He has testified under oath that he participated in board meetings for Staples and another Bain held company during that time.

So was he lying under oath then?

EDIT: Quotes from Romney's sworn statement include a statement for determining his eligibility to run for governor:

remained on the board of the Staples Corporation and Marriott International, the LifeLike Corporation.

I returned for most of those [board] meetings. Others I attended by telephone if I could not return.

How is that anything but involvement with Bain portfolio companies?

 

[Doc Savage Fan]

I really cant believe I am going to bother addressing such a non-story. But according to people who work at Bain. He didnt have much to do with Bain after leaving in Feb of 1999. Are they also liars?

http://www.cnn.com/2012/07/12/politics/john-king-bain/index.html?hpt=hp_c1

Yes, they're all liars...every one of them! /s

I always thought conservatives were the Kings of Idiotic Faux Outrage...now I'm having second thoughts.

 

[fskimospy]

Yes, they're all liars...every one of them! /s

I always thought conservatives were the Kings of Idiotic Faux Outrage...now I'm having second thoughts.

Okay, they are all telling the truth then. So you are saying that Romney perjured himself while running for Massachusetts governor?

 

[Genx87]

That is directly countered by Romney's own sworn statements. He has testified under oath that he participated in board meetings for Staples and another Bain held company during that time.

So was he lying under oath then?

So you believe these guys are liars then? What is the end game with this story? That Romney is a liar? You needed this to prove that? He is a politician isnt he?

These types of stories are so predictable. A whole lot of nothing blowing up into faux rage.

 

[fskimospy]

So you believe these guys are liars then? What is the end game with this story? That Romney is a liar? You needed this to prove that? He is a politician isnt he?

These types of stories are so interesting. A whole lot of nothing blowing up into faux rage.

I don't believe they are liars, to me it's almost entirely irrelevant. The details of this are pretty irrelevant for the most part anyway outside of the particulars of some attack ad, as tying Romney specifically to a few extra years at Bain doesn't mean much. If you believe those guys are telling the truth though, that means that 'ol Mittens perjured himself in his statement running for Massachusetts governor. That seems pretty notable, don't you think?

It's really the twisting and the flailing along with what else it says. If you take Romney's word at face value he was basically some guy getting paid a six figure salary for explicitly doing nothing. For someone who complains about freeloaders that's pretty shitty regardless.