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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsRomney-the person says-suggested “falsifying” who they were to get such information-by pretending...
A person who worked for Mitt Romney at the consulting firm Bain and Co. in 1977 remembers him with mixed feelings. Mitt was
a really wonderful boss, the former employee says. He was nice, he was fair, he was logical, he said what he wanted
he was really encouraging. But Bain and Co., the person recalls, pushed employees to find out secret revenue and sales data on its clients competitors. Romney, the person says, suggested falsifying who they were to get such information, by pretending to be a graduate student working on a project at Harvard. (The person, in fact, was a Harvard student, at Bain for the summer, but not working on any such projects.) Mitt said to me something like We wont ask you to lie. I am not going to tell you to do this, but (it is) a really good way to get the information.
I would not have had anything in my analysis if I had not pretended.
It was a strange atmosphere. It did leave a bad taste in your mouth, the former employee recalls.
This unsettling account suggests the young Romneyat that point only two years out of Harvard Business Schoolwas willing to push into gray areas when it came to business. More than three decades later, as he tried to nail down the Republican nomination for president of the United States, Romneys gray areas were again an issue when he repeatedly resisted calls to release more details of his net worth, his tax returns, and the large investments and assets held by him and his wife, Ann. Finally the other Republican candidates forced him to do so, but only highly selective disclosures were forthcoming.
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To give but one example, there is a Bermuda-based entity called Sankaty High Yield Asset Investors Ltd., which has been described in securities filings as a Bermuda corporation wholly owned by W. Mitt Romney. It could be that Sankaty is an old vehicle with little importance, but Romney appears to have treated it rather carefully. He set it up in 1997, then transferred it to his wifes newly created blind trust on January 1, 2003, the day before he was inaugurated as Massachusettss governor.
http://www.vanityfair.com/politics/2012/08/investigating-mitt-romney-offshore-accounts
tanyev
(42,552 posts)"I got lots of information when I wore that."
rox63
(9,464 posts)The citizens of Massachusetts know this well.
surrealAmerican
(11,360 posts)he could not have been that wildly successful if he held himself (and his employees) to high ethical standards - not in that business, not even if he was exceptionally lucky. He made his choice: money was what mattered most to him.