Fact check: Obama camp misleading voters on Romney's taxes
#2 Jul 15, 2012
A former partner at Bain Capital, who worked at the firm when Republican presidential candidate Mitt Romney was in charge, acknowledged on Sunday that Romney was “legally” the chief executive officer and sole owner of Bain Capital until 2002, not 1999 as Romney has previously stated, and said that Romney was engaged in a “complicated set of negotiations” over his exit pay for at least two years after he says he left the firm.
“Mitt’s names were on the documents as the chief executive and sole owner of the company,” Ed Conard, who served as a partner at Bain Capital from 1993 to 2007, said in an exclusive interview with Up w/ Chris Hayes. Asked again if Romney was chief executive officer of Bain Capital from 1999 to 2002, Conard said,“Legally, on documents, I suppose, yes.”
Despite Romney's statements that he left in 1999, Conard's new remarks suggest that, in fact, Romney's continued ownership of the firm enabled him to negotiate a better exit deal. "We had to negotiate with Mitt because he was an owner of the firm," Conard said.
#3 Jul 15, 2012
Fox News & Fact Check do not belong in the same sentence. When has Fox ever stated facts?
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