Old Mitt’s Investment in a Fetus-Disposal Company Is Not a Great Thing for New Mitt [View all]

[maddezmom]

That Bain Capital investment in Stericycle, a medical-waste company that helps to dispose of aborted fetuses? When Huffington Post reported on it earlier this year, Bain officials insisted that Mitt Romney, the currently pro-life Republican presidential candidate, had already left Bain when it happened, in 1999. But a trove of financial filings uncovered by Mother Jones appears to show the very opposite:



The SEC filing lists assorted Bain-related entities that were part of the deal, including Bain Capital (BCI), Bain Capital Partners VI (BCP VI), Sankaty High Yield Asset Investors (a Bermuda-based Bain affiliate), and Brookside Capital Investors (a Bain offshoot). And it notes that Romney was the "sole shareholder, Chairman, Chief Executive Officer and President of BCI, BCP VI Inc., Brookside Inc. and Sankaty Ltd."

The document also states that Romney "may be deemed to share voting and dispositive power with respect to" 2,116,588 shares of common stock in Stericycle "in his capacity as sole shareholder" of the Bain entities that invested in the company ...

Another SEC document filed November 30, 1999, by Stericycle also names Romney as an individual who holds "voting and dispositive power" with respect to the stock owned by Bain.


more: http://nymag.com/daily/intel/2012/07/romney-invested-in-a-fetus-disposal-company.html



Romney Invested in Medical-Waste Firm That Disposed of Aborted Fetuses, Government Documents Show

And these documents challenge Romney's claim that he left Bain Capital in early 1999.

http://www.motherjones.com/politics/2012/07/romney-bain-abortion-stericycle-sec



Romney Led Bain's Investment in Firm That Disposed of Aborted Fetuses
http://www.theatlanticwire.com/politics/2012/07/romney-led-bains-investment-firm-disposed-aborted-fetuses/54097/