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Thursday, July 12, 2012

Romney camp: Globe story 'inaccurate'

The Mitt Romney campaign is pushing back against today's Boston Globe report which found that, according to SEC filings, Romney served as CEO at Bain Capital until 2002, despite saying that he left in 1999.
"The article is not accurate," Romney press secretary Andrea Saul said in a statement. "As Bain Capital has said, as Governor Romney has said, and as has been confirmed by independent fact checkers multiple times, Governor Romney left Bain Capital in February of 1999 to run the Olympics and had no input on investments or management of companies after that point."
In a conversation with POLITICO, Romney adviser Matt McDonald also said the Globe report was inaccurate. "Romney wasn't involved in any investment decisions," McDonald said. "He was on the SEC filings becasue he was still techinically the owner, but hadn't transferred ownership to other partners."
McDonald also rejected the assertion, reported here, that FactCheck.org had suggested Romney would be guilty of a federal felony by claiming to have left Bain in 1999.
"FactCheck was saying, if Mitt Romney was actively managing Bain, as the Globe asserts, and he certified that he wasn't actively managing Bain, then he would be guilty of a federal felony," McDonald said. "They are not saying that he would be guilty of a federal felony [just] for saying he left in 1999."

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