Bain Capital

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Retroactive Retirement is the New Plausible Deniability

RMoney’s campaign is making increasingly desperate statements defending, denying, and obfuscating his apparent continued stewardship of Bain Capital from 1999 to 2002 and trying to turn the ship around before it hits an iceberg. On CNN’s State of the Union yesterday, Romney adviser Ed Gillespie told Candy Crowley that the presidential candidate had “retroactively retired” from Bain Capital. Gillespie was asked to clarify the 1999 Press Release from Bain announcing that Romney would be taking a part-time leave of absence to manage the 2002 Winter Olympics. Continue reading