Evidence shows Romney had stayed with Bain Capital post-1999: Globe

Washington, July 15 (ANI): The Globe is out with a report pointing that Mitt Romney, who has claimed in a new ad that he had not stayed with Bain Capital after February 1999, had stayed with the company after the said period.

"Romney's own words, along with other documentary evidence, appear to challenge his campaign's assertion in a recent financial disclosure that Romney had "retired" from Bain in 1999 and "since February 11, 1999, Mr. Romney has not had any active role with any Bain Capital entity and has not been involved in the operations of any Bain Capital entity in any way," Politico quoted the Globe report stating.

The report, which was blasted out to reporters by the pro-Obama super PAC Priorities USA Action, is further evidence, if any was needed, that both the media and Team Obama intend to keep the issue at the top of the news cycle well into next week, if not longer.

Of all the new evidence that has come to light in the last 48 hours, Romney's own quotes and those from a former lawyer before the Massachusetts Ballot Law Commission may prove to be the most problematic.

Via the Globe: "When I left my employer in Massachusetts in February of 1999 to accept the Olympic assignment," Romney testified before the state Ballot Law Commission on June 17, 2002, "I left on the basis of a leave of absence, indicating that I, by virtue of that title, would return at the end of the Olympics to my employment at Bain Capital, but subsequently decided not to do so and entered into a departure agreement with my former partners."

Romney's lawyer at the hearing said that Romney's work in the private sector continued unbroken while he ran the Olympics.

"He succeeded in that three-year period in restoring confidence in the Olympic Games, closing that disastrous deficit and staging one of the most successful Olympic Games ever to occur on US soil," Peter L. Ebb from Ropes and Gray said.

"Now, while all that was going on, very much in the public eye, what happened to his private and public ties to the Commonwealth of Massachusetts? And the answer is they continued unabated just as they had," he added.

The Romney campaign has declined to comment on the record about whether the business trips and board meetings were related to Bain Capital obligations. (ANI)