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NEW: Mitt Romney Blasted for Lying About When He Left Bain Capital

Thursday, July 12, 2012

 

According to SEC filings, Mitt Romney was in charge of Bain Capital for four years beyond when he says he left in 1999, and the Obama campaign is calling for Romney to release his tax returns to clarify the matter.  

Stephanie Cutter, deputy campaign manager for the Obama campaign, said there are numerous documents which list Romney as the sole stockholder, president, CEO and chairman of the board of Bain Capital.

"This evidence means Romney is responsible for outsourced jobs, bankrupticies and laying off of hundreds of workers," Cutter said.  

"The statements on the SEC documents are serious business, Bob Bauer, General Counsel for the Obama campaign said.  "If he now claims that he was not involved, then these statements to the SEC are false, and there are very, very serious consequences."

"If Mitt Romney was legally responsible for the decisions of Bain Capital, then he needs to be politically responsible as well," Cutter said.  

Cutter called Romney "the most secretative candidate since Richard Nixon" and urged him to release more than one year of tax returns.

"He's asking people to take him as his word.  How can we trust him?" she said.  "We don't know if he has paid taxes on his Swiss bank account or on his shell corporation in Bermuda.  These questions can only be answered by the releasing of multiple years of tax returns."

 

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