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RedStateLiberal

(1,374 posts)
Thu Jul 12, 2012, 03:39 PM Jul 2012

Mitt Romney is a great businessman?

Mitt Romney has basically admitted that his only qualification for being president is that he's such a great businessman. Maybe I don't know how corporations work but if Mitt Romney had no influence whatsoever on anything Bain did after he supposedly left in 1999, wouldn't that make him a horrible businessman? 

The Boston Globe article today shows that he was indeed listed as CEO and president of Bain well past the time he claims that he resigned. So, if what Romney says is true, then he let others run a company in his name without any influence. Just think how risky that would be. If they did anything illegal, even without his knowledge, he'd still be responsible. If they mismanaged his company then he could be ruined and his reputation would be destroyed. He must have REALLY trusted those buddies who were running the company he owned. What kind of smart businessman does something so risky?

It's pretty clear to me that Romney is lying about the inconvenient facts of his involvement at Bain past 1999 to try to avoid being held responsible for outsourcing, killing jobs, and making very questionable investments (fetus disposal). If he wants to keep doubling down on this lie then he should answer exactly why he kept his name on a company that he supposedly had no involvement in and tell us how that's a good business strategy. It sounds like the opposite of good business sense to me but hey - I'm not rich - so maybe someone can enlighten me. He claims this is just a "legal quirk" but I highly doubt anything from this habitual liar.

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Mitt Romney is a great businessman? (Original Post) RedStateLiberal Jul 2012 OP
I read that being listed gave him a fiduciary responsiblity. democrat_patriot Jul 2012 #1
He is only good at making money for himself Marrah_G Jul 2012 #2
What good has he made ?? C_U_L8R Jul 2012 #3
Maybe rMoney made a blatantly illegal deal, and the partners required him to SDjack Jul 2012 #4

democrat_patriot

(2,774 posts)
1. I read that being listed gave him a fiduciary responsiblity.
Thu Jul 12, 2012, 03:47 PM
Jul 2012

If the company did anything illegal - he'd be on the hook for it. So is he telling us he just trusted his corporate officers?

Do the investors during that time that invested based on his leadership feel betrayed? Let's hope so.

Marrah_G

(28,581 posts)
2. He is only good at making money for himself
Thu Jul 12, 2012, 03:49 PM
Jul 2012

and doing it by breaking the backs of American workers.

His history needs to be pounded into the American voters.

C_U_L8R

(44,992 posts)
3. What good has he made ??
Thu Jul 12, 2012, 03:54 PM
Jul 2012

He's done nothing to make the world a better place.
Mitt is an economic tick, a leech, a parasite... nothing more

SDjack

(1,448 posts)
4. Maybe rMoney made a blatantly illegal deal, and the partners required him to
Thu Jul 12, 2012, 06:17 PM
Jul 2012

stay until that deal is off the books -- clear off the books and forgotten -- but no more deal making. None of them want his skunks wired around their necks. So, if the deal is discovered now, the partners can serve up rMoney as the responsible person. Perhaps he is not the generous person he claims to be, and his service to the Olympics was really a fortuitous opportunity to depart Bain without probing questions about why.

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