Uhhh, Professor Carmel...you want proof? David Corn of Mother Jones may have found you some proof:
Like all presidential candidates, Romney has to submit a financial disclosure statement to the Office of Government Ethics. He filed his most recent one last month, and the disclosure contains a very clearly stated footnote:
Mr. Romney retired from Bain Capital on February 11, 1999 to head the Salt Lake [Olympics] Organizing Committee. Since February 11, 1999, Mr. Romney has not had any active role with any Bain Capital entity and has not been involved in the operations of any Bain Capital entity in any way.There's no ambiguity there: not involved in Bain operations in any way. But that's not true.
As I reported, in November 1999, Romney signed a SEC filing that noted he was the "sole shareholder, Chairman, Chief Executive Officer and President" of several Bain entities that had acquired 22 percent of medical-waste firm Stericycle. The form also stated that Romney shared "voting and dispositive power with respect to" 2,116,588 shares of common stock in Stericycle "in his capacity as sole shareholder" of the Bain entities that were part of this $75 million investment.
To repeat: Romney signed a Bain document pursuant to a $75 million deal. That would appear to qualify as involvement in Bain activity. And according to a Bain spokeswoman, Romney signed such documents more than once. She told me that after February 1999 Romney was a "signatory on certain documents" until his separation agreement with Bain was finalized in 2002.
