Democracy Now: Romney Stayed at Bain 3 Years After Previously Claimed

Newly disclosed records show Republican presidential candidate Mitt Romney remained at the helm of the private equity firm Bain Capital three years longer than he has previously disclosed. Romney has maintained he left Bain in 1999 to run the Winter Olympics in Utah. But the Boston Globe reports Romney retained control of Bain and earned a salary through 2002. President Obama’s re-election campaign says the report suggests Romney may have lied to the U.S. Securities and Exchange Commission about his final years at Bain.

~ by wheresthemic on July 13, 2012.