Comment

Romney Says He's Not Responsible for Bain After 1999

447
Targetpractice7/13/2012 9:29:41 pm PDT

re: #433 BryanS

He isn’t now, right? As a business owner, you don’t just divest your entire stake in a company overnight. That would be a good way to destroy the value in your company and close its doors. A few years seems reasonable to unwind something like Romney’s position and stake in Bain.

So who was in charge? Who was making the decisions? And why should their decisions not reflect on the guy they were letting run things while they were away?

Seriously, do you think that delegating his decision-making powers while his exit was negotiated means he also absolved himself of any responsibility for the decisions made by the guy(s) he’d delegated to?