NYT clears Romney: No Evidence Romney lied

[mudwhistle]

There's still plenty of sheeple willing to believe anything Obama says.

It doesn't matter how absurd it is.


They will eat any shit-sandwich he serves them and then ask for seconds.


Too bad we can't move all of these people to, say, Utah, and let the rest of us have the country.....and fix the damn thing.

 

[Charles_Main]

Grab your diapers libs! Run for your Immodium Ad! The New York Times has publically announced that Mitt Romney is guilty of nothing! The Grey Lady has spoken.


NY Times: 'No Evidence' Romney Did Bain Business

Monday, 16 Jul 2012 11:55 AM
There is no evidence that Mitt Romney exercised his powers at private equity firm Bain Capital after 1999 or directed funds’ investments after leaving, The New York Times reported.

Although some documents place the Republican presidential hopeful in charge of Bain from 1999 to 2001, a period in which the company outsourced jobs and ran companies that fell into bankruptcy, it is not related to who was running Bain at the time, the Times reported.

Romney has tried to distance himself from this period in Bain's history, saying on financial disclosure forms he had no active role in Bain as of February 1999.

“It’s a disconnect between the ownership interest and managerial functions,” Harvey Pitt, who served as S.E.C. chairman under President George W. Bush, told the Times.

“When Bain takes positions in public companies, they’re required to show anyone who has an ownership interest that could be the effective equivalent of control. So Romney has to be shown on those filings.

"If they didn’t show them on those filings, they would have broken the law. But it has nothing to do with who’s actually running Bain Capital,” Pitt added.

Read more on Newsmax.com: NY Times: 'No Evidence' Romney Did Bain Business
Important: Do You Support Pres. Obama's Re-Election? Vote Here Now!

I am sure we will not be told the NYT is Right wing Propaganda

 

[Shelzin]

Does that mean he will return all the money he was paid?????????????

You mean his retirement package? The package he specifically recieved because he was no longer working there?

Why on earth would he do that?

Considering he is the co-founder, and now that "package" you speak of is STILL paying him millions of dollars a year... I mean... Eh... He's more like a silent partner in the business, than separate from the business. To this day the better Bain does, the more money he makes if I understand everything correctly.

If I am incorrect in this feel free to educate me.

 

[Charles_Main]

Funny...

What funny? do elaborate?

 

[Lakhota]

There's still plenty of sheeple willing to believe anything Obama says.

It doesn't matter how absurd it is.


They will eat any shit-sandwich he serves them and then ask for seconds.


Too bad we can't move all of these people to, say, Utah, and let the rest of us have the country.....and fix the damn thing.

Yeah, we know...

 

[Charles_Main]

How could the NY Times know without having access to all internal Bain documents for the years in question? Have they seen such documents?

Oh I don't know, Maybe because unlike you, who reads stuff liberals say about the Subject and repeats and believes it all. They did research like Journalists so and decided there isn't any truth to the story.

Sorry but when a left leaning Paper like the NYT times says give it up, Give it up dude. Or do you think they have a reason to protect Obama by lying?

 

[Intense]

NY Times: 'No Evidence' Romney Did Bain Business

Monday, 16 Jul 2012 11:55 AM

By Patrick Hobin


There is no evidence that Mitt Romney exercised his powers at private equity firm Bain Capital after 1999 or directed funds’ investments after leaving, The New York Times reported.

Although some documents place the Republican presidential hopeful in charge of Bain from 1999 to 2001, a period in which the company outsourced jobs and ran companies that fell into bankruptcy, it is not related to who was running Bain at the time, the Times reported.

Romney has tried to distance himself from this period in Bain's history, saying on financial disclosure forms he had no active role in Bain as of February 1999.

“It’s a disconnect between the ownership interest and managerial functions,” Harvey Pitt, who served as S.E.C. chairman under President George W. Bush, told the Times. “When Bain takes positions in public companies, they’re required to show anyone who has an ownership interest that could be the effective equivalent of control. So Romney has to be shown on those filings.

Read more on Newsmax.com: NY Times: 'No Evidence' Romney Did Bain Business
Important: Do You Support Pres. Obama's Re-Election? Vote Here Now!

NY Times: 'No Evidence' Romney Did Bain Business

 

[ScienceRocks]

Does that mean he will return all the money he was paid?????????????

You mean his retirement package? The package he specifically recieved because he was no longer working there?

Why on earth would he do that?

Considering he is the co-founder, and now that "package" you speak of is STILL paying him millions of dollars a year... I mean... Eh... He's more like a silent partner in the business, than separate from the business. To this day the better Bain does, the more money he makes if I understand everything correctly.

If I am incorrect in this feel free to educate me.

What's wrong with making money off of your Business? I thought we in America supposed to praise such things?



Did I transfer into some other universe that hates businesses and people making money? Romney's successful...A reason on its self to support him.

 

[salem.hills]

How long did they hope this lie worked? Evil scummy Peoria they are ....watch them much?

 

[Charles_Main]

Grab your diapers libs! Run for your Immodium Ad! The New York Times has publically announced that Mitt Romney is guilty of nothing! The Grey Lady has spoken.


NY Times: 'No Evidence' Romney Did Bain Business

Monday, 16 Jul 2012 11:55 AM
There is no evidence that Mitt Romney exercised his powers at private equity firm Bain Capital after 1999 or directed funds’ investments after leaving, The New York Times reported.

Although some documents place the Republican presidential hopeful in charge of Bain from 1999 to 2001, a period in which the company outsourced jobs and ran companies that fell into bankruptcy, it is not related to who was running Bain at the time, the Times reported.

Romney has tried to distance himself from this period in Bain's history, saying on financial disclosure forms he had no active role in Bain as of February 1999.

“It’s a disconnect between the ownership interest and managerial functions,” Harvey Pitt, who served as S.E.C. chairman under President George W. Bush, told the Times.

“When Bain takes positions in public companies, they’re required to show anyone who has an ownership interest that could be the effective equivalent of control. So Romney has to be shown on those filings.

"If they didn’t show them on those filings, they would have broken the law. But it has nothing to do with who’s actually running Bain Capital,” Pitt added.

Read more on Newsmax.com: NY Times: 'No Evidence' Romney Did Bain Business
Important: Do You Support Pres. Obama's Re-Election? Vote Here Now!

Newsmax is about as credible as you are: not at all.

ROFLMAO

Weak!!!

One of the most Liberal Papers in America tells you the story is not true, but you still refuse to believe....


So typically hyper Partisan of you.

 

[NLT]

Where is the link to the "actual" NY Times article?

Again, where is the link to the "actual" NY Times article? I'm not interested in Newsmax's interpretation of the article, and the Newsmax link to the NY Times article doesn't work for my computer.

you cant google NYT? you lazy POS.

 

[Charles_Main]

NY Times: 'No Evidence' Romney Did Bain Business

Monday, 16 Jul 2012 11:55 AM

By Patrick Hobin


There is no evidence that Mitt Romney exercised his powers at private equity firm Bain Capital after 1999 or directed funds’ investments after leaving, The New York Times reported.

Although some documents place the Republican presidential hopeful in charge of Bain from 1999 to 2001, a period in which the company outsourced jobs and ran companies that fell into bankruptcy, it is not related to who was running Bain at the time, the Times reported.

Romney has tried to distance himself from this period in Bain's history, saying on financial disclosure forms he had no active role in Bain as of February 1999.

“It’s a disconnect between the ownership interest and managerial functions,” Harvey Pitt, who served as S.E.C. chairman under President George W. Bush, told the Times. “When Bain takes positions in public companies, they’re required to show anyone who has an ownership interest that could be the effective equivalent of control. So Romney has to be shown on those filings.

Read more on Newsmax.com: NY Times: 'No Evidence' Romney Did Bain Business
Important: Do You Support Pres. Obama's Re-Election? Vote Here Now!

NY Times: 'No Evidence' Romney Did Bain Business

So Basically what the SEC says is Romney was in fact FOLLOWING the law when he signed those Documents because he was Still an Owner, and the LAW required he be listed.

lol

 

[Dr.House]

Well, if the NY Times says so... That should be good enough for USMB's libroids...

Next fauxtrage....

 

[candycorn]

NY Times: 'No Evidence' Romney Did Bain Business

Monday, 16 Jul 2012 11:55 AM

By Patrick Hobin


There is no evidence that Mitt Romney exercised his powers at private equity firm Bain Capital after 1999 or directed funds’ investments after leaving, The New York Times reported.

Although some documents place the Republican presidential hopeful in charge of Bain from 1999 to 2001, a period in which the company outsourced jobs and ran companies that fell into bankruptcy, it is not related to who was running Bain at the time, the Times reported.

Romney has tried to distance himself from this period in Bain's history, saying on financial disclosure forms he had no active role in Bain as of February 1999.

“It’s a disconnect between the ownership interest and managerial functions,” Harvey Pitt, who served as S.E.C. chairman under President George W. Bush, told the Times. “When Bain takes positions in public companies, they’re required to show anyone who has an ownership interest that could be the effective equivalent of control. So Romney has to be shown on those filings.

Read more on Newsmax.com: NY Times: 'No Evidence' Romney Did Bain Business
Important: Do You Support Pres. Obama's Re-Election? Vote Here Now!

NY Times: 'No Evidence' Romney Did Bain Business

So he was an absentee owner in charge of the company; responsible for nothing but getting paid just the same.

 

[Lakhota]

NY Times: 'No Evidence' Romney Did Bain Business

Monday, 16 Jul 2012 11:55 AM

By Patrick Hobin


There is no evidence that Mitt Romney exercised his powers at private equity firm Bain Capital after 1999 or directed funds’ investments after leaving, The New York Times reported.

Although some documents place the Republican presidential hopeful in charge of Bain from 1999 to 2001, a period in which the company outsourced jobs and ran companies that fell into bankruptcy, it is not related to who was running Bain at the time, the Times reported.

Romney has tried to distance himself from this period in Bain's history, saying on financial disclosure forms he had no active role in Bain as of February 1999.

“It’s a disconnect between the ownership interest and managerial functions,” Harvey Pitt, who served as S.E.C. chairman under President George W. Bush, told the Times. “When Bain takes positions in public companies, they’re required to show anyone who has an ownership interest that could be the effective equivalent of control. So Romney has to be shown on those filings.

Read more on Newsmax.com: NY Times: 'No Evidence' Romney Did Bain Business
Important: Do You Support Pres. Obama's Re-Election? Vote Here Now!

NY Times: 'No Evidence' Romney Did Bain Business

No offense, but that links to Newsmax - not the NY Times. Where is the direct NY Times link?

 

[edthecynic]

Where is the link to the "actual" NY Times article?

It was not provided because it has stuff like this:

When Mitt Romney was running for governor of Massachusetts a decade ago, Democrats went before a state commission to demand that he be struck from the ballot. Their argument: After taking over the Winter Olympics in Salt Lake City, he had ceased to live and work in Massachusetts, the state where he had built Bain Capital into one of the leading private equity firms in the world.

Mr. Romney’s team was just as insistent in arguing the opposite. For 30 years, his lawyer argued, “the center of his social, civic and business life has been in this commonwealth.”

Now, amid the heat of the presidential campaign and unrelenting attacks from Democrats over Mr. Romney’s tenure at Bain, the three-year sojourn in Utah has again become the source of controversy — but with the positions reversed.

President Obama and the Democrats are questioning whether Mr. Romney really left Bain in February 1999, when he took over the Olympics. And Mr. Romney and the Republicans are insisting that he ended his day-to-day management role at Bain after taking the Olympics job.

Which begs the question was Willard lying then or is Willard lying now. Willard cannot be telling the truth both times.

 

[Rozman]

Does anyone here believe the Libs care if this was proved false...
Al Sharpton and the rest at the Obama network gt to spend
days pushing this story.
They don't care a bit about the facts.

 

[Charles_Main]

NY Times: 'No Evidence' Romney Did Bain Business

Monday, 16 Jul 2012 11:55 AM

By Patrick Hobin


There is no evidence that Mitt Romney exercised his powers at private equity firm Bain Capital after 1999 or directed funds’ investments after leaving, The New York Times reported.

Although some documents place the Republican presidential hopeful in charge of Bain from 1999 to 2001, a period in which the company outsourced jobs and ran companies that fell into bankruptcy, it is not related to who was running Bain at the time, the Times reported.

Romney has tried to distance himself from this period in Bain's history, saying on financial disclosure forms he had no active role in Bain as of February 1999.

“It’s a disconnect between the ownership interest and managerial functions,” Harvey Pitt, who served as S.E.C. chairman under President George W. Bush, told the Times. “When Bain takes positions in public companies, they’re required to show anyone who has an ownership interest that could be the effective equivalent of control. So Romney has to be shown on those filings.

Read more on Newsmax.com: NY Times: 'No Evidence' Romney Did Bain Business
Important: Do You Support Pres. Obama's Re-Election? Vote Here Now!

NY Times: 'No Evidence' Romney Did Bain Business

So he was an absentee owner in charge of the company; responsible for nothing but getting paid just the same.

Yep, Which Obama and his Supporters have known all along.

They know there is no Truth to the Felony charge, and they know Romney had nothing to do with Decisions after 1999 at Bain.

They don't care, they know the stains their Mud slinging leave will be enough, no matter how dishonest they are.

 

[Dr.House]

NY Times: 'No Evidence' Romney Did Bain Business

Monday, 16 Jul 2012 11:55 AM

By Patrick Hobin


There is no evidence that Mitt Romney exercised his powers at private equity firm Bain Capital after 1999 or directed funds’ investments after leaving, The New York Times reported.

Although some documents place the Republican presidential hopeful in charge of Bain from 1999 to 2001, a period in which the company outsourced jobs and ran companies that fell into bankruptcy, it is not related to who was running Bain at the time, the Times reported.

Romney has tried to distance himself from this period in Bain's history, saying on financial disclosure forms he had no active role in Bain as of February 1999.

“It’s a disconnect between the ownership interest and managerial functions,” Harvey Pitt, who served as S.E.C. chairman under President George W. Bush, told the Times. “When Bain takes positions in public companies, they’re required to show anyone who has an ownership interest that could be the effective equivalent of control. So Romney has to be shown on those filings.

Read more on Newsmax.com: NY Times: 'No Evidence' Romney Did Bain Business
Important: Do You Support Pres. Obama's Re-Election? Vote Here Now!

NY Times: 'No Evidence' Romney Did Bain Business

No offense, but that links to Newsmax - not the NY Times. Where is the direct NY Times link?

In the first paragraph of the article....

Must we always lend you a helping hand, Shitting Bull?

 

[Intense]

Indeed, no evidence has yet emerged that Mr. Romney exercised his powers at Bain after February 1999 or directed the funds’ investments after he left, although his campaign has declined to say if he attended any meetings or had any other contact with Bain during the period. And financial disclosures filed with the Massachusetts ethics commission show that he drew at least $100,000 in 2001 from Bain Capital Inc. — effectively his own till — as a “former executive” and from other Bain entities as a passive general partner.

An offering memorandum to investors in Bain’s seventh private equity fund that was circulated in June 2000 also suggests that Mr. Romney was no longer actively involved in managing firm investments at the time. The memorandum, first published by Fortune, provides background on the “senior private equity investment professionals of Bain Capital.” Eighteen managers are listed; Mr. Romney is not among them.

On another filing with Massachusetts officials, Bain Capital listed all of Bain’s directors and officers for 2001. The form lists Michael F. Goss as “president, managing director and chief financial officer,” along with seventeen other managing directors. Mr. Romney is not among them, suggesting that while he still owned Bain’s management company, he was not an officer of the company.

By August 2001, Mr. Romney had announced that he would not return to Bain Capital. Talk was already swirling about a bid for Massachusetts governor; behind the scenes, Mr. Romney was negotiating his final departure from Bain. Mr. Romney’s partners agreed to pay him a declining portion of the firm’s profits in buyout deals and other businesses for 10 years. The deal, signed in 2002, incorporated a payout formula reflecting his passive role in the firm from February 1999 forward, officials said.

Michael Luo and Kitty Bennett contributed reporting.
http://www.nytimes.com/2012/07/16/u...from-bain-its-complicated.html?pagewanted=all