OK. I don’t deny that MR indirectly owned shares of Stericycle through his holdings in Bain Capital investment funds. We agree on this point and I won’t dispute it. I do not think, however, MR was that active in Bain’s investment decisions after a certain point.
This according to Wikipedia,org;
“Romney took a paid leave of absence from Bain Capital in February 1999 to serve as the president and CEO of the 2002 Salt Lake City Olympic Games Organizing Committee...Romney remained the firm’s sole shareholder, managing director, CEO and president, signing corporate and legal documents (just like you say and which are in the SEC filings you refer to)...(HOWEVER)....He did not involve himself in the day to day operations of the firm or investment decisions for Bain Capital’s new private equity funds”.
That’s all laughable, since he still owned 100% of the company.
But that’s exactly how Romney has always operated, behind a blizzard of lying lawyer talk.
So, we are to believe that he signed the contracts and took personal responsibility for the decisions, but didn't have a clue what was going on? This brand of plausible deniability never stands up under any real scrutiny.
I'm more than inclined to accept that Romney wasn't involved in the day-to-day operations or in the routine stock transactions (firms like Bain routinely buy and sell hundreds of millions of dollars worth of stock on any given day, traders often make these trades on split-second decisions and all traders have monetary caps up to which they need no approval) and Bain probably hadn't had much of a role in these routine matters for a long time. However, I can assure you that he was aware of taking a significant position in a company that was made in partnership with another firm.