Doubts Emerge About Romney's Bain Tenure
NEW YORK ( TheStreet) -- Questions about Mitt Romney's tenure at private equity firm Bain Capital emerged Thursday as a report raised doubts about the Republican nominee's transparency on the issue.
The Boston Globe
Romney has repeatedly stated that he did not run Bain Capital after he left the firm in February 1999 work on organization of the 2002 Winter Olympic Games.
A campaign official has reiterated to TheStreet previous Romney claims that he has had no Bain involvement in investment decisions or management since he left for his Olympic post.The official says Romney continued to be on filings because he had not yet transferred ownership to the other partners at Bain. When Romney transferred ownership in August 2001, the official retirement agreement was deemed effective dating back to 1999, the campaign official says. The Boston Globe report said Romney owned 100% of Bain in 2002.
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