AP Fact-Check Finds Mitt Romney Remained Involved with Bain Capital Through 2001

Mitt Romney, former governor of Massachusetts,...
AP Fact-Check Finds Mitt Romney Remained Involved with Bain Capital Through 2001 (Photo credit: Wikipedia)

Surprise, suprise, the Associated Press has new information on GOP presidential nominee Mitt Romney’s disputed departure from Bain Capital, with several sources confirming that he remained an active participant in Bain business dealings through the spring of 2001. Of course, Mitt Romney will say that’s a lie. Here’s an excerpt from the Associated Press:

Republican presidential candidate Mitt Romney has said he had no active role in Bain Capital, the private equity firm he founded, after he exited in February 1999 to take over Salt Lake City’s Winter Olympics bid. But according to Bain associates and others familiar with Romney’s actions at the time, he stayed in regular contact with his partners over the following months, tending to his partnership interests and negotiating his separation from the company.

Those familiar with Romney’s discussions with his Bain partners said the contacts included several meetings in Boston, the company’s home base, but were limited to matters that did not affect the firm’s investments or other management decisions. Yet Romney continued to oversee his partnership stakes even as he disengaged from the firm, personally signing or approving a series of corporate and legal documents through the spring of 2001, according to financial reports reviewed by The Associated Press.

I am no fan of the Democratic Party and have had some issues with some of President Obama’s positions, but I won’t cast my vote for Mitt Romney because there are more questions than answers with just about every item he says qualifies him for the White House, add the fact that he refuses to release more years of tax returns and his continued race-baiting.

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