Comment

Romney Testified in 2002 That He Attended Bain Board Meetings

469
Obdicut (Now with 2% less brain)7/13/2012 10:27:06 am PDT

re: #466 kirkspencer

No, he didn’t testify (or at least, there’s no testimony shown yet) that he attended Bain board meetings, just that he attended companies part-owned by Bain, as the Bain shareholder representative. Which is still, obviously, being involved in Bain’s business.

Bain may not have even had board meetings; if it’s an LLC, which I think it was, it doesn’t have to. If it’s a standard C corp, it does, and I do think that Romney would have to participate in them either in his role as sole stockholder, CEO, Chairman, etc.