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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsSorry, Romney, You Can't Be Chairman, CEO, And Pres Of A Company & Not Be Responsible 4 what it does
read the articleSorry, Mitt Romney, You Can't Be Chairman, CEO, And President Of A Company And Not Be Responsible For What It Does...
Read more: http://www.businessinsider.com/sorry-mitt-romney-you-cant-be-chairman-ceo-and-president-of-a-company-and-not-be-responsible-for-what-it-does-2012-7#ixzz20QuFgyRv
sinkingfeeling
(51,454 posts)his corporation has done?
RedStateLiberal
(1,374 posts)Besides, what kind of so-called "great businessman" keeps his name on a company that he has no control over? If they did anything illegal during that time he'd be SCREWED.
Rmoney is clearly lying to cover up the outsourcing, killing jobs and very questionable investments (aborted fetus disposal) he made at Bain. His record as a businessman is his only qualification to be president so he desperately tries to hide the inconvenient facts about what he actually did as a businessman.
Initech
(100,068 posts)"Don't want another Enron? Here's what you need to do: if you run a company and it can't explain in one sentence what it does - then it's illegal."
I'd be willing to bet good money that Bain Capital can't do that.
C_U_L8R
(45,001 posts)Mitt is so full of mendacity and it's starting to unravel all around him.
This is pure entertainment.
DavidDvorkin
(19,475 posts)And you can't take credit for what you say are the good things the company did.
uponit7771
(90,335 posts)Igel
(35,300 posts)The tax rate for the Bain officers actual salary--if they got any (which strikes me as unlikely)--would be for investment income, not earned income. This is because of a "quirk" in the law that applies to this kind of investment company and, well, pretty much only to this kind of investment company--all the officers are investors, and all the income is from investment. (Yes, that tax rate is what the law says is appropriate; and, yes, it's a quirk, one that's been argued against by more than one progressive, for pretty good reasons.)
My W-2s and 1099s show numbers, but not my job title and certainly not my responsibilities.