Mitt Romney testified to Massachusetts officials in 2002 that he maintained business ties during his Olympics work, undermining his argument that he had no connection to Bain Capital or related companies after 1999. Notably, his campaign has refused to deny whether or not he ever held meetings with Bain during his time in Salt Lake City.
Romney, who at the time was trying to convince the state Ballot Law Commission that he should be allowed to run for office in Massachusetts despite living in Utah the last three years, did not directly address his work with Bain Capital. But, in testimony obtained by the Huffington Post, Romney said that he returned home for “a number of social trips and business trips that brought me back to Massachusetts, board meetings, Thanksgiving and so forth.”
Romney noted that he remained an active member of the board at Staples, where Bain was an early investor and a company Romney frequently cites on the trail, and LifeLike, a toy company where Bain was heavily invested at the time.
I hope that establishment punditry’s steadfast defense of vulture capitalism will be the straw that broke the tote-bag’s back, that people like my parents friends’ will realize that their beloved columnists are corporatist hacks, that David Gergen belongs in front of a firing squad, not a public tv camera.