Sounds like Mitt’s excuses are really running out now. This is from 1999 and it’s not from some newspaper or “liberal media” type, but rather a press release from none other than Bain Capital:
Bain Capital CEO W. Mitt Romney, currently on a part-time leave of absence to head the Salt Lake City Olympic Committee for the 2002 Games said, “Geoff and Marc have each made very significant contributions to the growth of our business, and have played important roles in furthering its success. In particular, Geoff, who helped us to start Bain Capital played a key role in building our franchise and led several of our highly successful transactions. Marc brought extensive capital markets expertise to the firm, where he co-headed our mezzanine efforts and played a critical role in conceiving and helping to start Sankaty Advisors, our high yield asset business, which now has over $ 2 billion under management. While we will miss them, we wish them well and look forward to working with them as they build their firm.”
Not a “leave of absence”, but rather a “part -time leave of absence”. That implies that Romney was still involved with the company and that is coming from the company itself.
Time for Mitt Romney to come clean about Bain!