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Customer Discussions > Politics forum

Did Romney lie to the SEC, or the the American people?


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Showing 26-50 of 269 posts in this discussion
Posted on Jul 15, 2012 10:37:14 AM PDT
Derek D. says:
Some questions from Forbes Magazine:

http://www.forbes.com/sites/tjwalker/2012/07/14/35-questions-mitt-romney-must-answer-about-bain-capital-before-the-issue-can-go-away/

"5. You earned at least $100,000 as an executive from Bain in 2001 and 2002, separate from investment earnings according to filings with State of Massachusetts. Can you give an example of anyone else you personally know getting a six figure income, not dividend or investment return, but actual income, from a company they had nothing to do with?

6. What did you do for this $100,000 salary you earned from Bain in both 2000 and 2001?

7. If you did nothing to earn this salary, did the Bain managers violate their fiduciary duty by paying you a salary for no discernible reason?"

Posted on Jul 15, 2012 10:11:07 AM PDT
Last edited by the author on Jul 15, 2012 10:12:31 AM PDT
seajaw says:
Ed Gillespie has the latest spin from the Romney camp, and it sheds no more light than before. In fact, it muddies things up:

"'He took a leave of absence from his company to go save the Olympics,' Gillespie explained. 'There may have been thought at the time that it could be part time. It was not part time. The Olympics was in a shambles. There was corruption.'

"'He took a leave of absence and in fact, Candy (Crowley, CNN), he ended up not going back at all and retired retroactively to February of 1999 as a result.'

"Until a series of last-minute interviews on Friday of last week, Romney had stood by the claim that he 'retired' from Bain in 1999."

http://www.rawstory.com/rs/2012/07/15/adviser-claims-romney-retired-retroactively-from-bain/

He was on a leave of absence. He was part-time. He retired. He retired retroactively. He went to meetings. He had no involvement. He signed off on everything. He knew nothing (cue Sgt. Schultz). He wants to bring jobs back to the U.S. He bought stock in a Chinese firm that specifically stated it survived by taking outsourced jobs from American companies.

It's like the positions he takes on everything else. What day is it?

In reply to an earlier post on Jul 15, 2012 9:32:34 AM PDT
seajaw says:
What does "retired" mean?

In reply to an earlier post on Jul 15, 2012 5:51:31 AM PDT
ET says:
If you go back and read/watch, I don't think he ever said that he was no longer associated with Bain.

In reply to an earlier post on Jul 14, 2012 10:26:44 PM PDT
Last edited by the author on Jul 14, 2012 10:27:32 PM PDT
J. jones says:
Mitt Romney knew about the deals Bain was making. He was well aware. He said he was no longer associated with Bain; then he shouldn't have continued receiving a salary.

In reply to an earlier post on Jul 14, 2012 10:25:14 PM PDT
J. jones says:
Derek D.
You are right! Mitt Romney lied about not being present at Bain while managing the Olympics (with government bailout money), yet he is receiving a six figure salary, is signing documents for them to complete deals, is the sole share holder, CEO, and president! Why aren't more people saying anything about this!!!!! Romney is the one that brought Bain up, so it is fair game.

In reply to an earlier post on Jul 14, 2012 10:22:05 PM PDT
J. jones says:
In reply to an earlier post on Jul 13, 2012 3:09:00 PM PDT
Derek D. says:
it has NOT been answered.

IF so, what is the goddamn answer, TOPICWAQ?
Reply to this post

J.jones says: LoL That's TOP for ya. She will never answer a real question or give a real answer.

In reply to an earlier post on Jul 14, 2012 6:55:39 PM PDT
We all know what Mitt will do. He will pull a page from the obama birth cert play book. He will release tax returns right before the 1st debate. We only konw about the "secret" off shore accounts because he disclosed them!!! Why would he disclose something illegal?? He wouldnt.

In reply to an earlier post on Jul 14, 2012 6:46:25 PM PDT
Last edited by the author on Jul 14, 2012 6:52:32 PM PDT
Derek D. says:
Obama won't do that.

He doesn't go after white-collar criminals, and he'd probably rather have a hobbled Romney than a replacement Republican to go up against. It would also look bad politically for a sitting President to sic the government on a criminal investigation of his opponent. Obama is a politically craven pig and won't do that.

In reply to an earlier post on Jul 14, 2012 6:44:32 PM PDT
Derek D. -- obama can order SEC and DOJ to open investigation into mitt. I dare him to do it. If mitt broke the law then prosecute him. Stop the yapping and do something about it if you think Mitt broke the law. Its simple.

In reply to an earlier post on Jul 14, 2012 4:26:51 PM PDT
Derek D. says:
He swore that he didn't have any active role of any kind in Bain or any Bain entity.

For the record, Romney signed the 2011 Disclosure form, under penalty of perjury, saying:
"Since February 11, 1999, Mr. Romney has not had any active role with any Bain Capital entity"

After he had previously testified, again under oath, that he went to all the board meetings of several Bain companies during that time (mostly in person, but by phone when he couldn't make it).

There's other evidence as well, as we now know of more than a dozen documents he signed for Bain during that period, took a salary for being management, etc. But just going to the board meetings as a board member is surely an active role in those companies.

In reply to an earlier post on Jul 14, 2012 4:17:40 PM PDT
VRWC says:
I'm sorry, but aren't you the one who told us that the board meetings were for Bain investments like Staples?

How is that being active at Bain? especially since all board documentation goes to the SEC....

I understand that you have exactly zero Obama accomplishments to tout, but this really is desperate.

In reply to an earlier post on Jul 14, 2012 3:27:30 PM PDT
TOPICWAQ says:
Well, we both know who goes home in November, then:)

In reply to an earlier post on Jul 14, 2012 3:25:12 PM PDT
Bad Grandpa says:
Uh...yeah, since I'm not into dudes I would definitely opt for the bi-chick.

In reply to an earlier post on Jul 14, 2012 3:19:11 PM PDT
TOPICWAQ says:
Wouldn't you rather have a bi-sexual GF than a closet gay BF who was mememe all the time, and just couldn't tell the truth on any given day?
:)

In reply to an earlier post on Jul 14, 2012 3:16:15 PM PDT
Derek D. says:
that's BS. Nobody in their right mind thinks that Board members attending Board meetings is not having an active role in the company. That's ridiculous.

Typical duties of boards of directors include:[4][5]

governing the organization by establishing broad policies and objectives;
selecting, appointing, supporting and reviewing the performance of the chief executive;
ensuring the availability of adequate financial resources;
approving annual budgets;
accounting to the stakeholders for the organization's performance;
setting the salaries and compensation of company management.

Posted on Jul 14, 2012 3:15:56 PM PDT
[Deleted by Amazon on May 8, 2014 5:30:09 PM PDT]

Posted on Jul 14, 2012 2:46:25 PM PDT
Bad Grandpa says:
If you think about it, having Romney as president would be kind of interesting and unpredictable. He could be for or against anything on any given day.
Like having a bi-sexual girlfriend. You would never know which way she would feel like going at that moment.

In reply to an earlier post on Jul 14, 2012 2:42:33 PM PDT
ET says:
I can't answer that question with any certainty, as everyone who is blaming Romney can't answer to his intent either.

In reply to an earlier post on Jul 14, 2012 2:38:29 PM PDT
"what the hell do you think going to board meetings is?"

not an active role. romney was working on the olympics

Posted on Jul 14, 2012 2:38:02 PM PDT
Derek D. says:
For the record, Romney signed the 2011 Disclosure form, under penalty of perjury, saying:
"Since February 11, 1999, Mr. Romney has not had any active role with any Bain Capital entity"

After he had previously testified,m again under oath, that he went to all the board meetings of several Bain companies during that time (mostly in person, but by phone when he couldn't make it).

There's other evidence as well, as we now know of more than a dozen documents he signed for Bain during that period, took a salary for being management, etc. But just going to the board meetings as a board member is surely an active role in those companies.

In reply to an earlier post on Jul 14, 2012 2:35:55 PM PDT
Last edited by the author on Jul 14, 2012 2:36:20 PM PDT
Derek D. says:
it didn't say "management".

it said "no active role". what the hell do you think going to board meetings is?

the denial on this is amazing.

Posted on Jul 14, 2012 1:50:42 PM PDT
Prove that he lied to SEC and the election is over. Its that simple.

Liberals are so desperate to keep them muslim in office at any cost. All those that support govt handouts better start preparing when we slash and burn govt spending and cutting taxes at the same time. Wait and see what happens when we put a lifetime cap on all govt programs. If you hit the caps then you are on your own!!!

In reply to an earlier post on Jul 14, 2012 1:46:53 PM PDT
VRWC says:
Oh yeah.... No question that the difference between role and management constitutes a major felony

LOL

In reply to an earlier post on Jul 14, 2012 1:39:34 PM PDT
Last edited by the author on Jul 14, 2012 1:39:44 PM PDT
Derek D. says:
the form didn't say "active management".
it said "an active role".

Going to the board meetings as a board member is surely an active role.
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This discussion

Discussion in:  Politics forum
Participants:  30
Total posts:  269
Initial post:  Jul 12, 2012
Latest post:  Jul 18, 2012

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