ST Alpha - "Max, here's an article about Bain under Romney's direct control (through 1999). I also think the attacks that focus on Bain through 2002" (Reading a Post)

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Max, here's an article about Bain under Romney's direct control (through 1999). I also think the attacks that focus on Bain through 2002

Posted by TWuG Jul 16 '12, 11:39

have merit because, according to SEC filings, Romney was the *sole* shareholder through 2002.

It's irrelevant if he managed the company or directed investments because he still reaped the benefit of those investments by virtue of being the only Bain shareholder.

Any profit made by Bain by sending jobs overseas or laying off employees of companies it invested in, or with the Stericycle investments all returned profit to Romney by virtue of his status as sole shareholder.

He can't hold the shares, reap the benefits and then say he shouldn't be held responsible for the company's activities.

http://www.bloomberg.com/news/2012-07-15/romney-s-bain-yielded-private-gains-socialized-losses.html (www.bloomberg.com)

Responses:

It's contradictory, sure, but the ads make it sound like the biggest crime ever. The argument against Romney should be the future, not his resume - Max Jul 16, 11:56 4
- Romney is *running on* his resume. That makes his resume fair game. - TWuG Jul 16, 12:05
- as politically odious as it is, it doesn't have a patch on the birthers, who created their objections to Obama from whole cloth. - znufrii Jul 16, 12:00 2
  - leading with a weak argument is leading with a weak argument, is my point. -- nm - Max Jul 16, 12:03 1
    - *puts wall in front of Max* - spamlet Jul 16, 12:05
Last week, Mark Shields said that President Romney would be good at closing tax loopholes. Because if there's anyone knows about tax loopholes... -- nm - con_carne Jul 16, 11:52

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Max, here's an article about Bain under Romney's direct control (through 1999). I also think the attacks that focus on Bain through 2002

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