Public Records Reveal Romney Profited From Corruption, Fraud, and Racketeering at BainSubmitted by GBAmerica on Sat, 11/03/2012 - 22:07
Public Records Reveal Romney Profited From Corruption, Fraud, and Racketeering at Bain
Over the past nine months, a question plaguing Willard Mitt Romney is when he left as CEO of Bain Capital due to conflicting state and federal SEC and FEC filing statements contradicting his retroactive retirement contention. It is pertinent to know why he fled Bain Capital in August 2001, and why he cited February 1999 as his official separation date when he was CEO the entire time. Organized crime figures develop elaborate schemes to avoid Department of Justice (DOJ) investigations and in Romney’s case it was Bain Capital’s bankruptcy fraud he was desperate to avoid.
MoveOn.org filed a complaint with the DOJ over Romney’s disclosure claiming he was 100% stock holder and paid Bain Capital executive in 2002 despite his contention left active management in 1999. The period between Feb 1999 and Aug 2001 is when Romney, Bain Capital, and their corrupt operatives conspired to commit bankruptcy fraud guaranteeing Bain Capital could plunder a company they managed with impunity.
To understand the level of fraud Romney’s surrogates committed in bankruptcy court, imagine a child custody battle between a powerful attorney and his ex-wife. The husband employs his firm to represent him, and surreptitiously supplies his partner to represent his ex-wife. When the mother discovers her ex-husband controlled his and her counsel, she reports the malfeasance to the court, and to avoid an investigation, her husband arranges to replace the prosecutor with one of his firm’s partners who pretends to investigate and then drops the case.