Mitt Romney “retired retroactively” from Bain Capital

Mitt Romney “retired retroactively” from Bain Capital

Mitt Romney adviser Ed Gillespie said Sunday that the candidate “retired retroactively” from his job at Bain Capital, which Romney maintains that he left in 1999 despite evidence suggesting he remained involved with the company until 2002.

Gillespie said Romney may have been listed as “part-time” after 1999, but that he had no role in the firm’s day-to-day affairs, a point the campaign has attempted to make repeatedly in order to separate him from Bain’s activity related to outsourcing during that period. Romney has said he left the company completely in 1999 when he started working to plan the 2002 Winter Olympics.

“There may have been a thought at the time that [Romney’s Bain work] could be part-time. It was not part-time. The Olympics was in a shambles,” Gillespie told Candy Crowley on CNN’s “State of the Union.”

“He took a leave of absence and in fact, Candy, ended up not going back at all and retired retroactively to February 1999 as a result,” Gillespie said.

Romney’s involvement at Bain came under renewed scrutiny last week after additional reports surfaced revealing that he was listed as the CEO, president and chairman of the firm long after he had previously stated. He has insisted that he had nothing to do with Bain after 1999 in response to questions about its activities at the time, including investing in companies that sent jobs overseas.

Via Huffington Post