below the squiggle
Please read the article !
Did Rmoney make false statements on his financial disclosure ?
But there is another reason for the Romney crew to worry about this controversy: Romney may have made a false statement on a federal financial disclosure form, and doing so is a felony punishable by up to one year of imprisonment and a $50,000 fine.Here is the statement Romney affirmed:
Mr. Romney retired from Bain Capital on February 11, 1999 to head the Salt Lake [Olympics] Organizing Committee. 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.And here is the problem Corn found :
There's no ambiguity there: not involved in Bain operations in any way. But that's not true.And David Corn says that tips are pouring in. Great journalist and Great work by David Corn. Please read the article.
As I reported, in November 1999, Romney signed a SEC filing that noted he was the "sole shareholder, Chairman, Chief Executive Officer and President" of several Bain entities that had acquired 22 percent of medical waste firm Stericycle. The form also stated that Romney shared "voting and dispositive power with respect to" 2,116,588 shares of common stock in Stericycle "in his capacity as sole shareholder" of the Bain entities that were part of this $75 million investment.
To repeat: Romney signed a Bain document pursuant to a $75 million deal. That would appear to qualify as involvement in Bain activity.
7:19 PM EDT, Friday July 13, 2012This suggests strongly that President Obama and OFA know the minutes of the Bain Capital meetings would be damaging to Rmoney. Wow !
Obama Camp ‘Not Satisfied’ With Romney’s Answer On Bain
President Obama’s campaign is “not satisfied” with the details of Mitt Romney’s departure from Bain Capital, and would like to see more of Romney’s tax returns as well as minutes from Bain Capital meetings, reports NBC’s White House correspondent Kristen Welker.
In interviews with five television networks on Friday evening, the former governor maintained that he had no direct involvement with the management of Bain Capital after February 1999, and suggested he would not be releasing additional tax returns.
And he backed off of the credit he took for Staples. So, now, how is he a job creation expert ? He's never shown any ability to create jobs.
Mitt Romney offered up few new details on his role at Bain Capital and said that voters should not expect more information on his finances during a slate of primetime TV interviews.
Romney again insisted that he bore no responsibility for any investments or actions taken by Bain from 1999-2002
On Friday, he told CNN that his relationship with Staples should not be considered relevant, since Bain was no longer invested in the office giant and his work was “totally on a personal basis.” He told CBS that “I don’t recall even coming back once to go to a Bain or management meeting.”
Actually, when you leave an enterprise and you have other people who are managing the enterprise, who take responsibility for the investment decisions, who decide who’s going to get hired and fired, who decide compensation decisions, they’re the managers, they’re the people running the business,” Romney said.
Romney told the Massachusetts Ballot Law Commission in 2002 that he attended meetings with some companies where he sat on the board, including Staples, where Bain was an early investor, and LifeLike, a company in which Bain was still invested.