SMRs and AMRs

Monday, February 13, 2012

10 years after Salt Lake City Olympics, questions about Romney’s contributions

By Amy Shipley,
Washpost
Published: February 12

SALT LAKE CITY — Thirteen years ago, as details of an international bribery scandal came to light, federal investigators and news reporters swarmed to the downtown offices of this city’s 2002 Winter Games organizing committee. Top management officials resigned. Potential sponsors bolted. Morale sank.

Robert Garff, chairman of the Salt Lake City Olympic committee, sought a “white knight” to lead the organization out of the humiliating mess. He homed in on Mitt Romney, a wealthy venture capitalist in Massachusetts who had lost a Senate race several years before.

Romney accepted the challenge of running the Salt Lake committee, leaving the enormously profitable Bain Capital for Salt Lake City, the spiritual center of gravity for his Mormon faith. Over the next three years, he helped turn what had been a public disgrace into one of the most successful Winter Games in history.

That reversal would become a cornerstone of his political biography — and the subject of a book he wrote about the experience — earning Romney a reputation as a turnaround artist with extraordinary management skills.

(More here.)

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