according to Securities and Exchange Commission filings, Romney did not leave Bain Capital in 1999 as he said he had but continued his tenure for three additional years.
“Government documents filed by Mitt Romney and Bain Capital say Romney remained chief executive and chairman of the firm three years beyond the date he said he ceded control, even creating five new investment partnerships during that time,” Globe reporters Callum Borchers and Christopher Rowland wrote.
While Romney has previously said he left Bain in 1999 to lead the Winter Olympics in Salt Lake City, the SEC documents filed by Bain Capital tell a different story and state he continued to serve as the firm’s “sole stockholder, chairman of the board, chief executive officer, and president,” according to the Globe.
Read more: http://www.politico.com/news/stories...#ixzz20QW07HDT
“Government documents filed by Mitt Romney and Bain Capital say Romney remained chief executive and chairman of the firm three years beyond the date he said he ceded control, even creating five new investment partnerships during that time,” Globe reporters Callum Borchers and Christopher Rowland wrote.
While Romney has previously said he left Bain in 1999 to lead the Winter Olympics in Salt Lake City, the SEC documents filed by Bain Capital tell a different story and state he continued to serve as the firm’s “sole stockholder, chairman of the board, chief executive officer, and president,” according to the Globe.
Read more: http://www.politico.com/news/stories...#ixzz20QW07HDT