Here's the spin straight from a former Bain insider; take it for what it's worth. Ed Conard does confirm in this clip that Mitt Romney was "legally" the CEO and Managing Director of Bain Capital until 2002, but he doesn't deviate from the campaign's line that Romney had no control over the company (or responsibility for its investments) after February 1999.
Despite his protestations, Mitt Romney is "legally responsible" for what Bain Capital did between 1999 and 2002, former SEC Commissioner Roberta Karmel said on Thursday's The Last Word. "Generally, when a businessman is the chairman... Read Post
But that doesn’t mean anything, right? “Mitt’s names were on the documents as the chief executive and sole owner of the company,” Ed Conard, who served as a partner at Bain Capital from 1993 to 2007, said in an exclusive interview w... Read Post