Forms Show Romney Left Bain Capital 3 Years Later Than He Claimed
A review of SEC documents finds that he remained "sole stockholder, chairman of the board, chief executive officer, and president" until 2002.
Bain Capital via the Boston Globe
Mitt Romney was still making decisions at Bain Capital, and still getting paid for it, for at least three years longer than he's previously said, the Boston Globe reported on Thursday. The story, from reporters Callum Borchers and Christopher Rowland, cited a 2001 SEC filing which stated that Romney remained remained the firm's "sole stockholder, chairman of the board, chief executive officer, and president" after 1999, when he's always said he left to go run the Winter Olympics in Utah. They also point to a Massachusetts financial disclosure form from 2003 that said he owned 100 percent of the firm in 2002. They write, "Romney's state financial disclosure forms indicate he earned at least $100,000 as a Bain "executive" in 2001 and 2002, separate from investment earnings."
Read the full story at The Atlantic Wire.