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cali

(114,904 posts)
Mon Jul 16, 2012, 04:42 PM Jul 2012

Mitt Romney Bain Capital Filings Link Him To Politically Problematic Companies After 1999



Posted: 07/16/2012 3:28 pm Updated: 07/16/2012 4:20 pm

WASHINGTON -- The question over when Mitt Romney officially left Bain Capital is obscuring a more substantive debate that relates to the presidential campaign.

The presumptive Republican nominee insists he never signed off on the business decisions related to outsourcing that turned the private equity firm into a political lightning rode. But neither he nor his campaign have said whether he agrees with those decisions, even if he was powerless over them when they were made. The Huffington Post asked top Romney adviser Kevin Madden this very question Monday morning during an appearance on MSNBC and received the following response:

Those decisions were made by folks that were running the company differently. So I don't have the details of what decision-making went into it. Oftentimes what happens with those type of decisions is that you have software companies, you have different types of companies that have to go out and have manufacturing needs, and when they go to look for companies that have manufacturing needs that they don't have, oftentimes those are manufacturing outposts around the globe. But the most important thing that we can answer is what we're going to do to create more jobs here in the country, and that's where Governor Romney has a much superior plan than President Obama.

The answer mirrors a more evasive response to a similar question that senior adviser Ed Gillespie gave Sunday on "Meet the Press." Combined, their answers illustrate a desire to obscure details of how closely Romney was associated with some of the firm's more controversial practices between 1999 and 2002.

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http://www.huffingtonpost.com/2012/07/16/mitt-romney-bain-capital_n_1677133.html?utm_hp_ref=elections-2012
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