The Obama campaign said a Boston Globe report Thursday proves Mitt Romney hasn't been truthful about when he left Bain Capital. The Globe story cites SEC filings to prove Romney stayed on as head of Bain Capital after 1999.
"When Mitt Romney ran for governor and now as he's running for president, he consistently claimed he could not be blamed for bankruptcies and layoffs from Bain investments after February 1999 because he departed for the Olympics," Obama campaign deputy manager Stephanie Cutter said in a statement Thursday. "Now, we know that he wasn't telling the truth."
Cutter continues, renewing the campaign's call for Romney to release more tax returns:
According to the Boston Globe, and official Bain filings to the SEC, Mitt Romney didn't leave Bain until 2001. He continued as the firm's president and CEO, remained on the payroll, and continuously signed government documents representing himself as the head of that firm. This puts him at the center of responsibility for troubling investments involving outsourcing and bankruptcies. It also raises serious questions about why he misrepresented the date of his ‘departure,’ and whether he is concealing his tax returns because there is still more about this period and beyond that he doesn't want people to know. It's time for Mitt Romney to come clean so that the American people can make their own judgments about his record and his motivations.