FactCheck.org : Romney’s Bain Years: New Evidence, Same Conclusion

This is an older FactCheck article though. So there might be something to come.

Originally Posted by Posh 08

I always respect your opinions but I'm not seeing any intentional false filings here. I see residual business after his departure from Bain.

I am with you....why folks on here continue to make such false accusations is beyond me. I went back as VK said past links and had a tough time (I have a few posters on ignore) but I can absolutely find no..none..validation for the accusation made by VK. Pretty serious to say he committed a federal crime.....not defending him at all.....if he did, that is terrible, but I find the Washington Post who has investigated this on more than one occasson tossing the charge out, Factcheck tossing it, and I am not in a position in anyway to give VK advice, but if this turns out to be true..kudos, but if not, as I suspect based on everything I read, then my advice is that there are certain posters who are on the short side of veracity almost all the time and he should be selective on links and from whom.

If there are any other developments, let me know but I hope this is handled as the press handled 2008 developments

Originally Posted by Bucco

I am with you....why folks on here continue to make such false accusations is beyond me. I went back as VK said past links and had a tough time (I have a few posters on ignore) but I can absolutely find no..none..validation for the accusation made by VK. Pretty serious to say he committed a federal crime...

First of all, Bucco, I never said he committed a federal crime. That's a question that can only be determined by a federal court.

What I did say is that it appears as though he may have violated federal securities laws and that could be a big problem for him. I went on to say that it remains to be seen whether federal attorneys will choose to prosecute him, but the conviction of the Attorney General by the House of Representatives on mostly a political basis might come back to haunt the Republican candidate.

It's clear that Romney either misrepresented his role with Bain to the public in order to defend against allegations that he was in charge when Bain-owned companies went bankrupt or moved jobs from the U.S. to foreign countries, or he misrepresented his role at Bain to the SEC. The former could be explained as an intentional falsehood uttered while campaigning for office and is not a violation of any law. The latter is a criminal federal offense. It'll be up to the SEC or federal attorneys to decide whether to prosecute and the courts to decide.

Other than the evidence that Romney may have lied, does any of this disqualify him from being President? Not in my opinion. If he lied, so what? Politicians lie, intentionally mislead or parse words all the time.

As far as the "evidence" of what Romney has done, it's not hard to find. The following took me about a minute to find...

Government documents indicate Mitt Romney continued at Bain after date when he says he left - The Boston Globe

Did Romney Break the Law?

Romney's Bain Tenure Seized On Again by Obama Camp - NYTimes.com

Originally Posted by Villages Kahuna

First of all, Bucco, I never said he committed a federal crime. That's a question that can only be determined by a federal court.

What I did say is that it appears as though he may have violated federal securities laws and that could be a big problem for him. I went on to say that it remains to be seen whether federal attorneys will choose to prosecute him, but the conviction of the Attorney General by the House of Representatives on mostly a political basis might come back to haunt the Republican candidate.

It's clear that Romney either misrepresented his role with Bain to the public in order to defend against allegations that he was in charge when Bain-owned companies went bankrupt or moved jobs from the U.S. to foreign countries, or he misrepresented his role at Bain to the SEC. The former could be explained as an intentional falsehood uttered while campaigning for office and is not a violation of any law. The latter is a criminal federal offense. It'll be up to the SEC or federal attorneys to decide whether to prosecute and the courts to decide.

Other than the evidence that Romney may have lied, does any of this disqualify him from being President? Not in my opinion. If he lied, so what? Politicians lie, intentionally mislead or parse words all the time.

As far as the "evidence" of what Romney has done, it's not hard to find. The following took me about a minute to find...

Government documents indicate Mitt Romney continued at Bain after date when he says he left - The Boston Globe

Did Romney Break the Law?

Romney's Bain Tenure Seized On Again by Obama Camp - NYTimes.com

No federal crime but you say "it appears as though he may have violated federal securities laws " I suppose that comes from the postings on here because the only folks I know who are saying this is ONE Boston Newspaper and the Obama campaign. All the others simply quote the initial attack and that is it.

Allow me to say a few thing please....first I wish that you and others had payed as much attention in 2008 to charges made and dismissed with comments such as "so what", etc. But not going to dwell on that as that is in the past but I think will become relative later.

Now, in one of your links is a link to Fortune magazine. I hope that everyone who reads this post will read the link as I dont want to cut and paste it all.....

"Mitt Romney did not manage Bain Capital's investments after leaving to run the Salt Lake City Olympic Games, according to confidential firm documents obtained by Fortune.

The timing of Romney's departure from Bain became a lightning rod earlier today, when The Boston Globe published an article suggesting that Romney remained actively involved with the firm longer than he and his campaign have claimed. The sourcing is largely SEC documents that list Romney as Bain Capital's CEO and sole shareholder through 2002 -- or three years after Romney officially left to run the Salt Lake City Olympic Games.

These claims are very similar to ones made last week by David Corn in Mother Jones, which we disputed at the time.

Now Fortune has obtained new evidence that supports Romney's version of events."

It goes on to list all the forms and the FACTS surrounding the situation.

There is a lot of info in the article but want to share two things with you...
First is a response from the Obama team when given the Fortune facts..

""Mitt Romney either misled the American people or misrepresented himself to the SEC. Romney has said he had no authority or responsibility for managing Bain since 1999, but that has been proven false. Regardless of whether he was on the management committee for this particular deal, he remained President, CEO, and Chairman of the Board and he was legally responsible for every investment and decision made by Bain."

You and I both know that, and I will borrow from one of the comments given to Fortune..

"It is all about a simple legal and practical distinction: Active management vs. passive control. Before 1999, Romney was involved in management and afterwards, he was in a passive, controlling position. Board memberships or even signature CEO activities are a far cry from active management."

Documents: Romney didn't manage Bain funds - The Term Sheet: Fortune's deals blog Term Sheet

The other sentence I want to share is this..

"All of this could prove problematic for the Obama campaign, which has spent the day crowing over the Globe story (going so far as to hold a media call about it)."

I am not blindly supporting Romney here......if he did wrong let the chips fall where they may....what I am saying is that the Obama campaign has done a great job keeping any discussion from issues and are doing a great job with their aim to, as they have said, "destroy Romney the man". They have you and others just panting for the destruction...much as I suppose I did back in 2008 when you told me "no problem" and the media treated everything as such. Although then, my problem was NOT with the man but with the philosophy.

Again, your post left me very disappointed but if correct...kudos to you. But there is so many refutes to this story and I choose to go with them and if it is a lie as I think it is, then shame on Obama

Permit me to re-state my opinion from post #42. The accusations being made by either side more likely are made not to reveal "a truth" but rathr to damage their opponent. Again it takes us away from selection the issue at hand and that is electing the most qualified candiate to be our leader. But too many Americans keep taking the bait and unless and until e begin to blink and deflate when hearing this sorid allegations the hate mongers will continue

Originally Posted by rubicon

Permit me to re-state my opinion from post #42. The accusations being made by either side more likely are made not to reveal "a truth" but rathr to damage their opponent. Again it takes us away from selection the issue at hand and that is electing the most qualified candiate to be our leader. But too many Americans keep taking the bait and unless and until e begin to blink and deflate when hearing this sorid allegations the hate mongers will continue

I am extremely upset this evening over the hypocrisy of what is happening and all of my comments are based on Romney not lying and I do not believe he did.

This is what the Obama team did to Clinton in the primary..the innuendos, and character attacks, and I give them credit for doing it well. Destroy the man....wow...last time we talked about the issues facing this country was WHEN ?

And this based on ONE newspaper...a newspaper who has reporters who wrote a book on Romney which disputes all of this stuff.

I am upset that Romney is not really going hell bent for election after this guy.....I can only make myself feel better thinking that he will but later.

I am upset that someone would say it appears that he violated federal security laws based on this claim by this one newspaper.

I doubt whether Romney has the ......to attack Obama on his personal lies from way back in 2000 and on because I dont think he will go after Obama on a personal level like this but I sure wish he would.

And I am upset about this forum where you bring up credited information and are met with simple smart cracks...or do not worry about it...but this becomes a story about violating federal laws.

I apologize to all for venting like this and will probably come back and delete but right now.....

Originally Posted by Bucco

I am extremely upset this evening over the hypocrisy of what is happening and all of my comments are based on Romney not lying and I do not believe he did.

This is what the Obama team did to Clinton in the primary..the innuendos, and character attacks, and I give them credit for doing it well. Destroy the man....wow...last time we talked about the issues facing this country was WHEN ?

And this based on ONE newspaper...a newspaper who has reporters who wrote a book on Romney which disputes all of this stuff.

I am upset that Romney is not really going hell bent for election after this guy.....I can only make myself feel better thinking that he will but later.

I am upset that someone would say it appears that he violated federal security laws based on this claim by this one newspaper.

I doubt whether Romney has the ......to attack Obama on his personal lies from way back in 2000 and on because I dont think he will go after Obama on a personal level like this but I sure wish he would.

And I am upset about this forum where you bring up credited information and are met with simple smart cracks...or do not worry about it...but this becomes a story about violating federal laws.

I apologize to all for venting like this and will probably come back and delete but right now.....

Bucco we need more voters like you...don't apologize for being who you are and what you believe.

Originally Posted by Bucco

I am extremely upset this evening over the hypocrisy of what is happening and all of my comments are based on Romney not lying and I do not believe he did.

This is what the Obama team did to Clinton in the primary..the innuendos, and character attacks, and I give them credit for doing it well. Destroy the man....wow...last time we talked about the issues facing this country was WHEN ?

And this based on ONE newspaper...a newspaper who has reporters who wrote a book on Romney which disputes all of this stuff.

I am upset that Romney is not really going hell bent for election after this guy.....I can only make myself feel better thinking that he will but later.

I am upset that someone would say it appears that he violated federal security laws based on this claim by this one newspaper.

I doubt whether Romney has the ......to attack Obama on his personal lies from way back in 2000 and on because I dont think he will go after Obama on a personal level like this but I sure wish he would.

And I am upset about this forum where you bring up credited information and are met with simple smart cracks...or do not worry about it...but this becomes a story about violating federal laws.

I apologize to all for venting like this and will probably come back and delete but right now.....

100% behind you.Those on the far left will not respond to truth if it goes against what they want.I posted a thread called debt.it shows how bad a shape this country is in.Have not seen a 1 post from far left member.Maybe they will read it but will block it out of their thinking.When you mention we can't afford obama care they accuse you of wanting to just let people die.Or cleaning up are programs like food stamps,public aid and even voter roles you get called names.so now I believe either they are that dumb or that selfish in their thinking that we can all go down as long as they get what they want.Even though I lean to the right I know we must all accept the truth and will have to cut programs and maybe pay more in taxes and also maybe add a copay to are Dr visits under medicare.a
Any thing to set us on the road to recovery.But I'm sure the response will be Romney lies and Obama is the Perfect and lets tax the rich the same old bs.

The elusive truth about Mitt Romney's time at Bain Capital - CSMonitor.com

This from the Washington Post blog is also revealing especially the various comments-- http://www.washingtonpost.com/blogs/...IrXkW_blog.htm

Tell Willard to release ALL his tax returns - what is he afraid they will reveal?

Willard showed all his returns to McCain in 2008 and then McCain picked Palin.

Originally Posted by coralway

Tell Willard to release ALL his tax returns - what is he afraid they will reveal?

Willard showed all his returns to McCain in 2008 and then McCain picked Palin.

That would clear some of this up. I do wonder why McCain picked Sarah Palin over Mitt Romney.

now where was or is the insistence of Obama releasing select information to clear up some of his mysteries.

Ooopps...I forgot the Obama supporters one way street approach to ANYTHING!!

btk

This is all a total hoax and a complete lie by a President who is in desperate straits and is losing ground swiftly in honest polling. It's a sad thing for the Obama campaign to be doing this. But, we are talking about this instead of the extremely weak economy that's only getting worse with every day.

This will blow up in Obama's face. I only wonder why they pulled the trigger on this "kill shot" so early.

The telling part in the video is at the 2:30 mark. Listen to this pretty fair CNN report to put this nonsense to rest.

CNN's King/Gergen: Obama's Lying, Romney/Bain Honest - YouTube

CNN: Obama Camp's Bain Push 'Doesn't Appear To Be True'

Perfect Example posts after my last.

Here's maybe a good reason for Obama's desperation in trying to desperately paint his opponent as a "felon". He's losing ground, and losing fast.

http://youtu.be/fePCg7E03N8

Romney extends lead among Independents to 14 percent - National Right Side Politics | Examiner.com