Campaign 2012 | National Politics

Romney's Bain filings raise new questions

Newly uncovered documents that Mitt Romney filed with the SEC show he is either lying to the voters or he lied to the SEC. Romney claims he can’t be held responsible for Bain’s pioneering work in the outsourcing/offshoring of American jobs in the name of bigger profits because he had left the corporation in 1999. However in “two SEC filings from July 2000 and February 2001″ Mr. Romney lists his “‘principal occupation’ as ‘Managing Director of Bain Capital, Inc.'” (Copies of filings available here.)

Romney claims he wasn’t actually doing anything at Bain because he was working on the Olympics committee. If that’s true, then why did he lie to the SEC on the form? Could there have been some tax advantage to pretending he was still there?

If only there was some of kind of available documentation, like say the release of tax returns, to answer these questions.

Libby Spencer
Libby Spencer is a social media maven whose political commentary has been published on a wide variety of websites including a rather short lived guest blog at Fox News. She has been practicing her particular brand of punditry at the Detroit News Politics blog since April 2004.