Comment

Romney Says He's Not Responsible for Bain After 1999

212
danarchy7/13/2012 6:11:26 pm PDT

re: #204 goddamnedfrank

Mitt had ultimate hiring and firing authority over all the GPs and fund managers. It doesn’t matter if he exercised it or not, he profited from their actions.

Are you sure about that? The LPs are completely separate legal entities. Being wholly owned by Bain Capital Inc. would kind of defeat the purpose of the L.P.