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ProSense

(116,464 posts)
Sun Jul 15, 2012, 10:46 AM Jul 2012

Romney Adviser: Romney Not Responsible For Bain Because He ‘Retired Retroactively’ [View all]

Romney Adviser: Romney Not Responsible For Bain Because He ‘Retired Retroactively’

By Adam Peck

Ed Gillespie, a senior campaign advisor for Mitt Romney, appeared on Meet the Press this morning to answer questions about Romney’s tenure at Bain Capital, and unveiled a new excuse for why Romney should not be held responsible for the company’s actions during a time in which he remained CEO and president:

GREGORY: He was still financially linked to Bain. And of course, a lot his fortune is due to his time with Bain. Even when he was on leave, does he stand by the business decisions that were made by the firm he created?

GILLESPIE: He actually retired retroactively at that point. He ended up not going back to the firm after his time in Salt Lake City. So he was actually retired from Bain.


Throughout the primary season until just last week, the Romney campaign stood forcefully by their assertion that Romney “retired” from Bain Capital in February of 1999. But with the release of previously unreported SEC documents last week which suggest that Romney in fact retained the titles of CEO and chairman well into the new century, the Romney campaign has struggled to adequately answer voters’ questions.

- more -

http://thinkprogress.org/election/2012/07/15/517751/romney-adviser-romney-not-responsible-for-bain-because-he-retired-retroactively/

Dumbest. Comment. Ever.

The REAL real reason Romney MUST say he left Bain in February 1999
http://www.democraticunderground.com/1002949899

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ED was horrible, he floundered and was obvious at obfuscating on questions ...he had few hit backs.. uponit7771 Jul 2012 #1
And the pretzel twists continue BumRushDaShow Jul 2012 #2
WTF?? This take rewriting history to another level. DCBob Jul 2012 #3
he is the all-being, master of time, space and arely staircase Jul 2012 #4
Retired retroactively? ROFL gollygee Jul 2012 #5
So...."retroactive retirement" wipes out signatures on documents, Avalux Jul 2012 #6
He retired from the company before he retired from the company CanonRay Jul 2012 #7
So he perjured himself in order to run for Governor in 2002.... salin Jul 2012 #8
"retired retroactively" -- what a maroon fishwax Jul 2012 #9
Why didn't Joe Paterno think of this?! nt Courtesy Flush Jul 2012 #10
Can I retroactively quit my job so I tsuki Jul 2012 #11
Is that like being "on a break"? TBF Jul 2012 #12
We are all college kids and nails ladies now... JHB Jul 2012 #13
ALL of this just reenforces that Bain is something to be ashamed of. Tom Rinaldo Jul 2012 #14
Very good point. The whole bruhaha is based on the assumption that Bain is toxic. (nt) enough Jul 2012 #19
I couldn't have been involved in the holdup, officer. JBoy Jul 2012 #15
K&R NNN0LHI Jul 2012 #16
retroactively retired? barbtries Jul 2012 #17
They're just digging themselves in deeper. Baitball Blogger Jul 2012 #18
So they admit he wasn't retired during the period in question. Kablooie Jul 2012 #20
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