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berni_mccoy

(23,018 posts)
Fri Jul 13, 2012, 09:22 AM Jul 2012

BAINGATE: So I checked the Massachusetts Business Filings on Bain/Romney [View all]

If you go to the Commonwealth Business Search page and enter Romney's last name in the search by individual field, you will find many listings of companies that involve him or his wife. I recommend to everyone to dig further into all of the companies returned in this search (there are many).

The interesting result I found was this: there are two foreign entities for Bain Capital... Bain Capital Inc. and Bain Capital Investments VI. In filings for both companies with the Commonwealth of Massachusetts for 2001 and 2002, neither company lists Romney as a managing member (see the filings linked below).

Bain Capital Inc. 2001
Bain Capital Inc. 2002
Bain Capital Investments VI 2001
Bain Capital Investments VI 2002

However, as reported by TPM, we know that the SEC filings for the company had Romney as a manager and listed as President, Chairman and CEO and sole share holder of Bain Capital Investments VI. That is the same company reported above to the Commonwealth of Mass as a foreign entity (foreign being a Delaware company doing business in MA). I noticed the following discrepancies between the two filings:
1. Romney was not reported to the Commonwealth as he was to the SEC.
2. The date of the filings with the Commonwealth were filed retroactively, signed by Michael Goss, the CFO in 2003.

And if you look at the company status and its filings with the Commonwealth of Mass, you'll notice that when the company was originally registered in Massachusetts, that Romney was President. But they never filed a Statement of Change of Registered Agent or Resignation of Registered Agent. Which means, even though the filings to the Commonwealth don't list Romney as an officer or member, he was never revoked. This is at best, a misleading filing in Massachusetts or an outright deception.

And the only conclusion is this: either he lied on his filings to the Commonwealth of Massachusetts or he lied to the SEC. Either way, I believe there is criminal deception to a branch of government. The motive is clear... the filings to MA were delayed to 2003, after his campaign for Governor and changed to reflect his statements during his campaign. If Romney was actively engaged in Bain as his SEC filings show, then Romney was actively deceiving the Commonwealth of Massachusetts regarding his position in Bain.

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My question is: how in the world did Bain manage Raven Jul 2012 #1
I currently work in a gov't office that regularly uses this public info. Sheepshank Jul 2012 #13
K&R flamingdem Jul 2012 #2
I believe Romney describes this as a "quirk." He has much 'splainin to do...n/t monmouth Jul 2012 #3
Competent managment makes sure 'quirks' like this are covered JHB Jul 2012 #4
Romney...competent... berni_mccoy Jul 2012 #5
Yeah, right Jessy169 Jul 2012 #7
Yeah, "quirk" ProSense Jul 2012 #9
needs to be shouted from rooftops riverwalker Jul 2012 #6
Everyone here should email or phone all the media Rosa Luxemburg Jul 2012 #26
Great thread riverbendviewgal Jul 2012 #8
Thank you. berni_mccoy Jul 2012 #22
Waiting now for the third strike icarusxat Jul 2012 #10
Great catch, and welcome to DU if it has not already been said...n/t monmouth Jul 2012 #11
Welcome to DU berni_mccoy Jul 2012 #23
It is actually a felony Rosa Luxemburg Jul 2012 #28
Did you forward this info to the "news" stations? Atman Jul 2012 #12
Great. Romney can clear all of this in a New York minute by grantcart Jul 2012 #14
I think if he could he would have by now. He should have called snappyturtle Jul 2012 #15
ummm...yrrrrah...he's toast uponit7771 Jul 2012 #16
very, very, very nicely done, berni! renate Jul 2012 #17
I read King's article this morning and wanted to puke. kag Jul 2012 #19
right--"he was just gone" yet he accepted 6 figure salary checks each year while "gone" librechik Jul 2012 #20
so then his tax returns wont show him taking any deductions for Mass business expenses? Coexist Jul 2012 #21
No good outsourcing crook should be in jail B Calm Jul 2012 #18
Big question if all of these findings are true and proven guilty for lying april Jul 2012 #24
I don't know. The party could choose another candidate to be the nominee berni_mccoy Jul 2012 #25
The GOP should stew in its own juice Rosa Luxemburg Jul 2012 #27
How about a prosecution? AnotherMcIntosh Jul 2012 #29
If Romney is President, Chairman and CEO and sole share holder of Bain Capital Investments KurtNYC Jul 2012 #30
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