Romney's 2002 testimony contradicts financial disclosure documents and Bain claims by campaign staffSubmitted by GBAmerica on Fri, 07/13/2012 - 14:03
Romney's 2002 testimony contradicts financial disclosure documents and Bain claims by campaign staff
On his financial disclosure documents, Mitt Romney claims he retired from Bain Capital after he started work on the Salt Lake Winter Olympics. "Since February 11, 1999," the document states, "Mr. Romney has not had any active role with any Bain Capital entity and has not been involved in the operations of any Bain Capital entity in any way."
As we've learned over the past couple of weeks, Romney actually remained the sole owner and top corporate officer for Bain Capital until 2002, when he signed a retroactive severance agreement—one that continues to pay him $20 million annually, to this very day. His campaign's explanation?