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**Adwetyren** · 07-13-2012, 03:53 PM

As I understand it, there's really less to this than there appears. If you look at his actions from 1999 to 2002, it's apparently pretty clear that while he may have technically held some leadership role, he wasn't actively engaged in running Bain Capital anymore. Is there a discrepancy between his SEC filings and what he's said? Maybe. Does that make him responsible for the actions of Bain Capital? Not necessarily. If he is responsible, should that be held against him? I don't think so.

Btw, I have no intention of voting for Romney, so don't try to color me as some partisan with blinders on.

This. It is not rare for someone listed as a President/CEO of a company who has no real active role in running anymore and just signs off on things. For smaller companies this can be the case when the original owner transfers day to day operations of the company to their son or daughter and is listed as President and/or CEO, but their son or daughter actually does everything.

07-13-2012, 03:53 PM	#12
Adwetyren Join Date Oct 2005 Posts 457 Senior Member	As I understand it, there's really less to this than there appears. If you look at his actions from 1999 to 2002, it's apparently pretty clear that while he may have technically held some leadership role, he wasn't actively engaged in running Bain Capital anymore. Is there a discrepancy between his SEC filings and what he's said? Maybe. Does that make him responsible for the actions of Bain Capital? Not necessarily. If he is responsible, should that be held against him? I don't think so. Btw, I have no intention of voting for Romney, so don't try to color me as some partisan with blinders on. This. It is not rare for someone listed as a President/CEO of a company who has no real active role in running anymore and just signs off on things. For smaller companies this can be the case when the original owner transfers day to day operations of the company to their son or daughter and is listed as President and/or CEO, but their son or daughter actually does everything.
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