For months now the rumors and speculation about when Mitt Romney really left Bain Capital have floated around and even managed to get a little bit of traction from left-leaning blogs and on message boards and the like, but it hadn’t gotten much — hell it hadn’t gotten any — attention from the so-called “liberal media” that the right-wing nutjobs are certain is against them and all that they hold dear. But that changed today, with this piece from the Boston Globe:
Government documents filed by Mitt Romney and Bain Capital say Romney remained chief executive and chairman of the firm three years beyond the date he said he ceded control, even creating five new investment partnerships during that time.
Romney has said he left Bain in 1999 to lead the winter Olympics in Salt Lake City, ending his role in the company. But public Securities and Exchange Commission documents filed later by Bain Capital state he remained the firm’s “sole stockholder, chairman of the board, chief executive officer, and president.”
Also, a Massachusetts financial disclosure form Romney filed in 2003 states that he still owned 100 percent of Bain Capital in 2002. And Romney’s state financial disclosure forms indicate he earned at least $100,000 as a Bain “executive” in 2001 and 2002, separate from investment earnings.
The timing of Romney’s departure from Bain is a key point of contention because he has said his resignation in February 1999 meant he was not responsible for Bain Capital companies that went bankrupt or laid off workers after that date.
Contradictions concerning the length of Romney’s tenure at Bain Capital add to the uncertainty and questions about his finances. Bain is the primary source of Romney’s wealth, which is estimated to be more than $25o million. But how his wealth has been invested, especially in a variety of Bain partnerships and other investment vehicles, remains difficult to decipher because of a lack of transparency.
That’s right. He was the Master, the vampire responsible for sucking the life out of all those companies, including the GST steel mill right here in Kansas City that they wrung dry before they stole the pension fund and dumped that broken promise off on the federal government to keep, while Romney and the rest of the principles stashed their filthy lucre in foreign banks to avoid paying taxes on it.
Calling Mitt Romney and others like him “vulture capitalists” is an insult to vultures, since vultures at least wait until something is dead before they start scavenging the carcass. Romney and his ilk are vampires. They are soulless fiends who live by bleeding the life out of others and discarding the husk without a second thought as they move on to the next victim that they sink their fangs into.