Just a year or two ?
Hmmmmm .... What doesn't he want us to know ? Chinese investments ? Links to Islam ?
Romney knows that Obama's response to them will be misleading, unfair, and untrue.
Just a year or two ?
Hmmmmm .... What doesn't he want us to know ? Chinese investments ? Links to Islam ?
Romney's Bain story doesn't match his SEC filings - National populist | Examiner.com
Romney has publicly claimed he left Bain in 1999, but he told the SEC he left Bain in 2002. Despite his claim to have left Bain in 1999 to focus solely on his Olympic activities between 1999 and 2002, Romney has been shown during that time to have:
Remained in control of 100 percent of Bain
Earned money as a Bain "executive"
Had managerial control over five new Bain investments
Finalized a 10-year severance deal with Bain in 2002 that was retroactive to 1999
Romney campaign is saying there is nothing to this.
You obviously do not know what goes on in the transferring of management. Stop watching msnbc.
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We have looked at this issue before, back in January, and thought we had settled it.
But now the Boston Globe has raised the issue again. The story seems to hinge on a quote from a former Securities and Exchange Commission member, which would have more credibility if the Globe had disclosed she was a regular contributor to Democrats. (Interestingly, The Real Romney, a book on the former Massachusetts governor, by Boston Globe reporters, states clearly that he left Bain when he went to run the Olympics and details the turmoil that ensued when he suddenly quit, nearly breaking up the partnership)
Remember, Romney did not leave Bain Capital as part of a long-term, planned succession process. Instead, his departure was fairly sudden borne of a desire to help salvage an Olympic Games that was $1.4 billion in the hole and tarred by a massive bribery scandal. The very first reports of Romney being considered for the Salt Lake City job were on Feb. 2, 1999. Just nine days later, he officially took over.
Not surprisingly, Bain Capital hadnt worked out all the details of Romneys departure. It eventually would discard the CEO position in favor of a horizontal management committee made up of numerous partners, and provide Romney with a golden parachute that included limited partnership interests in all Bain-related funds raised through 2009 (including the option for Romney to invest additional monies). But none of that was in place when Romney took the Salt Lake City job.
Moreover, unwinding a private equity firms ownership structure is extremely complicated. The firm itself is largely a legal construct of convenience, since it doesnt pay salaries, make investments or do much of anything else. Instead, what matters are the individual funds.
In the case of Bain Capitals funds, its reasonable to assume that Romney was considered a key man, meaning that each funds limited partners could have voted to end the funds investment period or take over fund management themselves if a super-majority felt it prudent. But that didnt happen, and Bain saw no reason to expend massive administrative effort to amend existing funds. Instead, it asked Romney to sign documents when necessary, and made the managerial/ownership changes on new funds going forward .
it doesn't take 3 years to transfer management.
who is reporting this on MSNBC?
I missed their coverage.
Be rude.. won't bother me.
let me hear your explanation
It's all there. If you need any words defined I will respond. I'm on phone and really don't want to be a jackass. If you want the reason why Romney hasn't released more tax returns then look no further than the blatant lies uttered in Barry's campaign today.
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I'm a little slow. You will been to explain that article. i don't understand it at all.
Now be a good little fellow and tell me why Romney is not releasing his tax returns.
What blatant lies has Obama uttered that would make Romney not release his tax returns?
Try to be nice and don't hurt my feelings.
I'm embarrassed for you.I'm a little slow. You will been to explain that article. i don't understand it at all.
Now be a good little fellow and tell me why Romney is not releasing his tax returns.
What blatant lies has Obama uttered that would make Romney not release his tax returns?
Try to be nice and don't hurt my feelings.
The returns he has released should show he donates a large amount to the mormon church.
Paying tithes is necessary in the Mormon Church to be a "good mormon".
Romney's Bain story doesn't match his SEC filings - National populist | Examiner.com
Romney has publicly claimed he left Bain in 1999, but he told the SEC he left Bain in 2002. Despite his claim to have left Bain in 1999 to focus solely on his Olympic activities between 1999 and 2002, Romney has been shown during that time to have:
Remained in control of 100 percent of Bain
Earned money as a Bain "executive"
Had managerial control over five new Bain investments
Finalized a 10-year severance deal with Bain in 2002 that was retroactive to 1999
Romney campaign is saying there is nothing to this.
Who cares?
Everyone knows he is a wealhy man.
That is the way I feel.
I think team Obama is digging hoping there are some off shore accounts they can use against Romney.
I don't care where Romney has his money nor do I care what he owns in the world.
We live in a global economy and Romney has the right to invest wherever he chooses.
Unless Romney has done something illegal , this is no ones business.
TV...
In the future i would suggest you take the time to read what a poster has posted in a thread before you act like a jackass and start slamming someone.
The quotes in this post are my postings in this thread.
If you had taken the time to read the thread I don't believe you would have got your panties in a wad because I posted a link concerning Romney.