Comment

Romney Says He's Not Responsible for Bain After 1999

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danarchy7/13/2012 5:39:33 pm PDT

re: #173 wrenchwench

An L.P. is not an LLC.

Given. And in my original post I said LLCs or LPs. Maybe they were all LPs. That doesn’t change the main point that the funds themselves were separate legal entities from Bain Capital itself. How much actual power Mitt had over individual funds is questionable unless he was also the sole partner in those LPs which really wouldn’t make sense because an LP more or less implies partners.