I'm the CEO, but that's just a 'technicality'
Mitt’s Political Vortex
By GAIL COLLINS, NYT
Do you think it’s a coincidence that ever since the world’s physicists announced that they had discovered a possible breakthrough in the study of mass and energy last week, our politics has taken on a kind of black-hole quality?
First, Bain Capital. Let’s see if we can get this straight. In 1999, Mitt Romney quit his hypersuccessful financial career at the private-equity firm in order to run the troubled Winter Olympics in Salt Lake City. “I would walk away from my leadership at Bain Capital at the height of its profitability and take a position without compensation,” he wrote in his book “Turnaround.”
He was out, gone — walked away. Get it? It is very important that you do because given the hysteria with which the Romney campaign is defending this 1999 termination marker, you would think that in the next few years Bain had embarked on a new and lucrative path involving the slave labor of My Little Ponies.
Romney gave five network television interviews on the subject on Friday. While it was true that a bunch of Securities and Exchange Commission filings submitted into the new millennium described Romney as Bain Capital’s boss, that was a technicality, he told CNN.
(More here.)
Do you think it’s a coincidence that ever since the world’s physicists announced that they had discovered a possible breakthrough in the study of mass and energy last week, our politics has taken on a kind of black-hole quality?
First, Bain Capital. Let’s see if we can get this straight. In 1999, Mitt Romney quit his hypersuccessful financial career at the private-equity firm in order to run the troubled Winter Olympics in Salt Lake City. “I would walk away from my leadership at Bain Capital at the height of its profitability and take a position without compensation,” he wrote in his book “Turnaround.”
He was out, gone — walked away. Get it? It is very important that you do because given the hysteria with which the Romney campaign is defending this 1999 termination marker, you would think that in the next few years Bain had embarked on a new and lucrative path involving the slave labor of My Little Ponies.
Romney gave five network television interviews on the subject on Friday. While it was true that a bunch of Securities and Exchange Commission filings submitted into the new millennium described Romney as Bain Capital’s boss, that was a technicality, he told CNN.
(More here.)
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