Mitt Romney's campaign said today a Boston Globe article reporting that he remained CEO of Bain Capital longer than he has stated is "inaccurate."
"As Bain Capital has said, as Governor Romney has said, and as has been confirmed by independent fact checkers multiple times, Governor Romney left Bain Capital in February of 1999 to run the Olympics and had no input on investments or management of companies after that point," said Andrea Saul, a Romney spokeswoman.
The Boston Globe story, in today's editions, cites documents from the Securities and Exchange Commission that show Romney remained chairman and CEO of Bain for three years "beyond the date he said he ceded control, even creating five new investment partnerships during that time."
Romney has frequently pointed to his work at Bain as an example of why he is better than Obama when it comes to creating jobs and boosting the economy.
The article is being circulated by President Obama's campaign team as evidence that Romney should be blamed for job losses and bankruptcies at firms Bain invested in after 1999. Workers at a shuttered steel mill in Kansas City, for example, have appeared in Obama ads.
"This puts him at the center of responsibility for troubling investments involving outsourcing and bankruptcies. It also raises serious questions about why he misrepresented the date of his 'departure,' and whether he is concealing his tax returns because there is still more about this period and beyond that he doesn't want people to know," said Stephanie Cutter, deputy campaign manager for Obama.
The Boston newspaper story follows another in Mother Jones magazine about a Bain Capital investment that also cited SEC documents and raised issues about when Romney left the company.
The Romney response to the Globe article includes numerous links to stories by Factcheck.org and The Washington Post that back up its assertion that Romney left the company in 1999.
The Romney campaign also notes that the Globe story hinges on a quote from a former SEC commissioner who was appointed by President Carter.