Cutter, Obama's deputy campaign manager, said Romney may have committed a felony if he misrepresented his role at Bain on the SEC documents. And if he was running Bain after 1999, Cutter said, Romney hasn't been truthful with the public. "If that's the case, if he was lying to the American people, then that's a real character and trust issue," she said. But Romney's campaign issued a statement Thursday from Bain that said 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. 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." J.W. Verrett, an attorney and economics scholar at George Washington University's Mercatus Center, also told Fox News that the original Globe report appeared to "be confused" about the SEC filings. He noted they refer to "Bain Capital VI," which he described as an investment separate from Bain Capital itself. "Saying that Governor Romney was the CEO of Bain Capital VI is like saying that I am the CEO of my retirement account ... it's a silly bit of legalese and it doesn't also mean I am CEO of all the companies in which I invest," he said in an email. Read more: http://www.foxnews.com/politics/2012/07/12/presidential-rivals-trade-charges-lying-romney-demands-apology-over-felony/?intcmp=trending#ixzz20S30jNhp
Obama team is stretching and exaggerating the record of a pretty good man. Is Romney too moderate for me? Yes Is he a decent and frankly good human being? It seems like it. Is Obama? HECK NO. ABO
Cutter, Obama's deputy campaign manager, said Romney may have committed a felony if he misrepresented his role at Bain on the SEC documents. And if he was running Bain after 1999, Cutter said, Romney hasn't been truthful with the public."If that's the case, if he was lying to the American people, then that's a real character and trust issue," she said.
But Romney's campaign issued a statement Thursday from Bain that said 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. 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."
J.W. Verrett, an attorney and economics scholar at George Washington University's Mercatus Center, also told Fox News that the original Globe report appeared to "be confused" about the SEC filings.
He noted they refer to "Bain Capital VI," which he described as an investment separate from Bain Capital itself.
"Saying that Governor Romney was the CEO of Bain Capital VI is like saying that I am the CEO of my retirement account ... it's a silly bit of legalese and it doesn't also mean I am CEO of all the companies in which I invest," he said in an email.
I agree, but there is enough wiggle room to convince the peons that he either lied or hid something. Yes, he left to run the Olympics and only an idiot would think that he could to that and run Bain as well, but his name was still on the paper, and that’s all they have to say.
In the battle for voter perceptions, targeting the uninformed proletariat, this comes out (marginally) to Obama’s advantage because it blunts Mitts charges of dishonesty.
I may be wrong, but that’s the brutal calculus as I see it.
I have previously stated I could not vote for Romney. If there were any other real choice, I would absolutely stand by that. Your sentiment expresses my current thoughts quite well.
I do not like Romney. I do not trust him.
But I do not think the country can stand another term of the Obamanation.