The Phoenix's David Bernstein spoke exclusively with NBC News's Politics Nation last night to unveil the juiciest twist in his new investigation into Mitt Romney's "shadow years" inside and outside of Bain. In this week's issue -- online now and on newsstands tomorrow -- Bernstein breaks the story of Romney's investments in a Bermuda casualty insurance company called Endurance Specialty.
Last week, the national media began to pick up on David Bernstein's 2007 investigation into Romney's shadow years at Bain while he was running the Salt Lake City Olympics -- and now the media is also beginning to pick up on another line of Bernstein's inquiry, which concerns potential conflicts of interest that Romney admitted to while he was in Salt Lake City.
In a controversial investment deal that led to a federal inquiry, Mitt Romney personally signed SEC documents reporting the sale of Bain Capital shares in 2000 and 2001 -- during the time when he was on leave of absence to run the Salt Lake Olympic Games.
The Boston Globe reported in 2003, during the SEC investigation, that "Romney.
Today's front-page Globe story throws Mitt Romney's shadow years at Bain (as I called them last week) into the national media spotlight. That's a problem for the Romney campaign.
The Globe story adds some additional evidence to what has been pretty evident for many years: when he left for Utah in 1999, Romney handed over day-to-day operational duties to other executives at Bain Capital but retained full ownership of the company in every legal, fiduciary, and ethical sense until finalizing a separation agreement in 2002.
When did Mitt Romney really leave Bain Capital -- in February 1999, as he and the company claim, or in 2002, when his separation agreement took effect?
That question, asked by me and many others for years, is raised again in today's article by David Corn at Mother Jones. Corn, writing about a fetus-disposal firm Bain Capital invested in, argues that SEC documentation belies Romney's claims of having severed ties with Bain in early 1999.
It's true! You'd never know if from the campaign trail, but WILLARD MITT ROMNEY was actually governor of Massachusetts for a number of years, a position he obtained by making a series of arguments to voters -- Bain Capital, business leadership, etc -- that are annoyingly similar to the ones he's made as an unsuccessful candidate for president.
MassUniting and others are holding an anti-Romney protest today outside Bain Capitals HQ in Copley Square. They are calling the action a "funeral for American jobs," and plan to have a casket, pallbearers, a priest giving a "eulogy," and tombstones. This will be at noon.
Just a few blocks away, at St. Cecilia's, the very real funeral for former mayor Kevin White is just underway this morning.