Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Do Bain SEC documents suggest Mitt Romney is a criminal?
WASHINGTON POST ^ | 7/13/2012 | Glenn Kessler

Posted on 07/13/2012 3:33:11 AM PDT by tobyhill

There is a journalistic convention that appears to place great weight on “SEC documents.” But these are public filings by companies, which usually means there are not great secrets hidden in them. The Fact Checker, in an earlier life covering Wall Street, spent many hours looking for jewels in SEC filings.

As we wrote yesterday, we are standing with our assessment that Mitt Romney left the helm of Bain Capital in 1999, when he left to run the Salt Lake City Olympics. The date is important because some questionable investments by Bain took place between 1999 and 2002, when he ran for governor. But a Boston Globe article on Thursday raised new questions about that timeline, citing SEC filings, and the Obama campaign jumped to take advantage of it.

Despite the furor, we did not see much new in the Globe article. We had examined many SEC documents related to Romney and Bain in January, and concluded that much of the language saying Romney was “sole stockholder, chairman of the board, chief executive officer, and president” was boilerplate that did not reveal whether he was actually managing Bain at the time. (For instance, there is no standard definition of a “chief executive,” securities law experts say, and there is no requirement for anyone to have any responsibilities even if they have that title.)

(Excerpt) Read more at washingtonpost.com ...


TOPICS: News/Current Events
KEYWORDS:
Navigation: use the links below to view more comments.
first 1-2021-35 next last

1 posted on 07/13/2012 3:33:22 AM PDT by tobyhill
[ Post Reply | Private Reply | View Replies]

To: tobyhill

The Progressives are grasping at straws. They’re desperate because they’re losing.


2 posted on 07/13/2012 3:35:53 AM PDT by SatinDoll
[ Post Reply | Private Reply | To 1 | View Replies]

To: tobyhill
Not hardly a Mittens supporter here...but this is yet another example of how bankrupt the Øbama campaign is to launch an attack like this 117 days before the election.

It's going to get more entertaining as Election Day gets closer.

3 posted on 07/13/2012 3:44:34 AM PDT by markomalley (Nothing emboldens the wicked so greatly as the lack of courage on the part of the good-Pope Leo XIII)
[ Post Reply | Private Reply | To 1 | View Replies]

To: tobyhill

It’s complicated enough and the WaPo analysis is long enough that the mind numbed mob will follow the lead of the MSM talking heads. I listened to Juan Williams last night spouting the daily bullet points. He needs another slap down.


4 posted on 07/13/2012 3:51:38 AM PDT by Truth29
[ Post Reply | Private Reply | To 1 | View Replies]

To: tobyhill
I don't want to hear about Romney until Timmy “the Tax Cheat” Geithner is gone from the Treasury Secretary's position.
5 posted on 07/13/2012 4:18:14 AM PDT by Falcon4.0
[ Post Reply | Private Reply | To 1 | View Replies]

To: Truth29
" He needs another slap down."

Yes he does. Juan is a ZERO supporter. He gets the LIB talking points and spouts them daily.
One would think he saw the light when NPR let him go, without calling him in first.

6 posted on 07/13/2012 4:19:51 AM PDT by DeaconRed (My vote in Nov will be dictated by my extreme hatred for ZERO and what he is doing to our country.)
[ Post Reply | Private Reply | To 4 | View Replies]

To: Truth29

Sununu made Juan look like a fool without trying hard and the fool eventually thought that Sununu was giving him a compliment. Several times the body language and facial expressions indicated that Juan was wayyyy out of his league when he did manage to figure out that his talking points were full of holes. he shot back in his chair with that “Oh S**t” look on his face so many times that it could have been coverage of a boxing match. Entertainment would be BOR getting his body language twit to analyze that one.

One would have to ask Juan why in the world does he continue to defend the people that ended his career at NPR that precipitated his writing a book about how much it hurt him?

When the outsourcing issue came up, John hit it into the next country when he described the biggest outsourcing of all for Obama with outsourcing our manned spaceflight program to the Ruskies. I only wish they had the side by side going when John landed that one.


7 posted on 07/13/2012 4:27:43 AM PDT by mazda77 ("Defeating the Totalitarian Lie" By: Hilmar von Campe. Everybody should read it.)
[ Post Reply | Private Reply | To 4 | View Replies]

To: markomalley

The attacks on Romney have been fairly ‘low brow’. Instead of ads based on economic policy or moral issues, the O camp tells us about Romney’s treatment of his dog, how Bain was mean, and now this outrageous charge of a felony - with absolutely nothing to back it up.

The presidency has been reduced to a campaign for prom queen, in a Valley Girl high school.


8 posted on 07/13/2012 5:01:40 AM PDT by lacrew (Mr. Soetoro, we regret to inform you that your race card is over the credit limit.)
[ Post Reply | Private Reply | To 3 | View Replies]

To: lacrew

Anyone notice Obama hasn’t said how he going to improve his Jobs record, growth in GDP, or cut the debt.


9 posted on 07/13/2012 5:14:45 AM PDT by scooby321 (h tones)
[ Post Reply | Private Reply | To 8 | View Replies]

To: scooby321

“Anyone notice Obama hasn’t said how he going to improve his Jobs record, growth in GDP, or cut the debt.”

He says it every day. Get rid of the Bush tax cuts, implement Obamacare, use green energy while getting rid of fossil fuels and taking campaign donation from his 1% buddies on Wall Street.

I don’t think he could be any clearer.


10 posted on 07/13/2012 5:32:08 AM PDT by EQAndyBuzz (ABO 2012)
[ Post Reply | Private Reply | To 9 | View Replies]

To: SatinDoll

For those of you keeping score: “The Boston Globe” is solidly in the tank for Obama, talking talking points directly from his campaign in 1 giant feedback loop (Vast Leftwing Conspiracy?)

OTOH, “The Washington Post” seems to be sniffing at this story like it was poisoned. Actual journalism?


11 posted on 07/13/2012 5:37:48 AM PDT by Tallguy (It's all 'Fun and Games' until somebody loses an eye!)
[ Post Reply | Private Reply | To 2 | View Replies]

To: tobyhill

“However, we have identified at least six filings that Romney did sign during this period: a April 13,, 1999 13D filing by Pirod Holdings regarding an investment in Rohn Industries; a Jan. 3, 2000 13D filing by VMM Merger Corp. regarding an investment in VDI MultiMedia; a Feb. 14, 2000 13G filing by Bain Capital Fund IV regarding Wesley Jessen Visioncare; a Feb. 13, 2001 13G filing by Bain Capital Fund VI regarding Integrated Circuit Systems; a Feb. 14, 2001 13G filing by Bain Capital Fund VI regarding ChipPAC; and a November 12, 1999 13G filing (first reported by Mother Jones) by Bain Capital Fund VI regarding Stericycle.”

Ever see this kind of scrutiny over anything by anyone for Obama?


12 posted on 07/13/2012 5:44:35 AM PDT by Rennes Templar (Nov. 7. Morning in America again.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: tobyhill
I think that Mitt calling Obama a liar regarding the Bain outsourcing comments forced the Obama campaign to pull out this big gun about the timing of the filings early. I would expect they had this all along but were waiting until October to drop the bomb (in their minds). Forced their hand. Win another for Romney.

This Romney campaign, maybe not as acerbic as we would like, seems to know what it is doing. There is still a lot of time and I would guess they have a pretty good time line of how and when they are going to attack.

The funniest thing to me is the fact that Obama’s campaign, just like his presidency, is spending too much money too fast before it has it, then has to go begging donors for more. They'll raise plenty, but I love seeing them spend it all this far out.

13 posted on 07/13/2012 5:47:57 AM PDT by dan on the right
[ Post Reply | Private Reply | To 1 | View Replies]

To: Tallguy

It might be something else.

There is a good chance that the Woodward and Bernstein expose came about because of Operation Mockingbird.

Daddy Bush put an end to paying journalists when he became Director of the CIA. But he said he would welcome unpaid cooperation of journalists.

The CIA has a long history with The Washington Post.

If someone at the CIA is going to take down Obama and let Romney win (because Obama crossed them)..they will do it with the help of the media.


14 posted on 07/13/2012 5:52:01 AM PDT by RummyChick
[ Post Reply | Private Reply | To 11 | View Replies]

To: Rennes Templar
“However, we have identified at least six filings that Romney did sign during this period: a April 13,, 1999 13D filing by Pirod Holdings regarding an investment in Rohn Industries; a Jan. 3, 2000 13D filing by VMM Merger Corp. regarding an investment in VDI MultiMedia; a Feb. 14, 2000 13G filing by Bain Capital Fund IV regarding Wesley Jessen Visioncare; a Feb. 13, 2001 13G filing by Bain Capital Fund VI regarding Integrated Circuit Systems; a Feb. 14, 2001 13G filing by Bain Capital Fund VI regarding ChipPAC; and a November 12, 1999 13G filing (first reported by Mother Jones) by Bain Capital Fund VI regarding Stericycle.”

That last filing listed concerns Stericycle, the company involved in the trafficking of aborted fetuses. The fact that Romney personally signed the Stericycle documents makes it a bit difficult for Romney to claim that he knew nothing about and had nothing to do with the transaction.

Of course, back then, he was openly supporting a "woman's right to choose." He may not have foreseen that he would now be running for president and forced to claim to be pro-life.

15 posted on 07/13/2012 5:57:48 AM PDT by Tau Food (Tom Hoefling for President - 2012)
[ Post Reply | Private Reply | To 12 | View Replies]

To: RummyChick
If someone at the CIA is going to take down Obama and let Romney win (because Obama crossed them)..they will do it with the help of the media.

I've often wondered at the extent of CIA involvement in presidential politics. The "Plame Affair" looked like a CIA put-up job. Obama's mysterious background also looks like it could have benefitted from some serious assistance from Langley. His mother seemed like the kind of person CIA mIght have recruited, for instance. Then you have to wonder about Bill Clinton and his overseas misadventures.

16 posted on 07/13/2012 6:13:12 AM PDT by Tallguy (It's all 'Fun and Games' until somebody loses an eye!)
[ Post Reply | Private Reply | To 14 | View Replies]

To: DeaconRed
Yes he does. Juan is a ZERO supporter. He gets the LIB talking points and spouts them daily. One would think he saw the light when NPR let him go, without calling him in first.

Juan is on Fox for the same reason that Elisabeth Hasselbeck is on The View: to give the other side's viewpoint, but not in a way that will be effective to the audience. Juan is comedy relief to the Fox audience.

17 posted on 07/13/2012 6:13:17 AM PDT by PapaBear3625 (If I can't be persuasive, I at least hope to be fun.)
[ Post Reply | Private Reply | To 6 | View Replies]

To: Tallguy

Cord Meyer supposedly said he recruited Clinton and was his handler. He told this to Jack Wheeler.

Look into how Jack Wheeler died.

Sounds like someone wanted him dead.


18 posted on 07/13/2012 6:25:28 AM PDT by RummyChick
[ Post Reply | Private Reply | To 16 | View Replies]

To: RummyChick

The mysterious death of Jack Wheeler...

http://www.freerepublic.com/focus/f-bloggers/2652076/posts


19 posted on 07/13/2012 6:31:28 AM PDT by RummyChick
[ Post Reply | Private Reply | To 18 | View Replies]

To: RummyChick

that might be the wrong Jack Wheeler. Not sure which one was friends with Cord Meyer.

It might have been this guy
http://www.tothepointnews.com/


20 posted on 07/13/2012 6:37:41 AM PDT by RummyChick
[ Post Reply | Private Reply | To 19 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-35 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson