What makes Romney’s story also so completely unbelievable is that he claims that when he was off running the Salt Lake City Olympics during those 3 years, he apparently was just signing whatever SEC disclosure document that was put in front of him, not exercising his fiduciary and managerial responsibilities as CEO of Bain. So, either Romney is not telling the truth, or, his actions were so reckless as to disqualify him from the office of President of the United States. I can tell you from my personal experience as a CEO who has run both private and public companies, you don’t just sign whatever’s put in front of you, especially with the additional scrutiny to which all CEOs are subject since the Enron collapse. Further evidence that Romney is not telling the truth or that he is unbelievably reckless is that during the very period he signed some of those documents without managerial review was the very time that the Enron scandal was unfolding. I can assure you thatno executive during that period of time was signing anything that he/she was absolutely sure was correct and accurate. Even today, responsible CEOs do everything they can do to assure that the documents they sign are true and accurate.
It’s time for Romney to come clean about the entire Bain story, especially since he uses his experience at Bain as his primary qualification to be President of the United States. I remain unconvinced that the current story line is true, especially in the context of that particular time in US history when all executives’ awareness of their actions was so acute. Until Romney tells the entire story, the American people are being denied the very information they need to exercise their most important right.
The right to vote.