A news report published Thursday found Mitt Romney had remained the head of Bain Capital three years longer than he had told the Securities Exchange Commission, sparking accusations between campaign staffers for the Republican and President Obama.
The Romney campaign called for Obama to apologize for calling the former Massachusetts governor “a felon.”
On CNBC’s “The Kudlow Report,” former Democratic National Committee Chairman Howard Dean took issue with that characterization.
“They didn’t say Mitt Romney was a felon. They said misrepresenting yourself to the SEC is a felony,” he said. “Now here’s what Mitt Romney did: Mitt Romney signed papers that were filed with the SEC in 2002, three years after he said he left Bain that, said he was the CEO and the chairman, and was 100 percent owner of Bain. That’s what it said in the SEC filing. It seems to me a reasonable person would suspect the chief executive officer was running the company.”
The Boston Globe reported that nine SEC filings, submitted by four different business entities after February 1999, described Romney as the head of Bain Capital.
The story also said that Romney indicated in a state filing that he still owned 100 percent of Bain Capital in 2002, and that he had earned at least $100,000 as a Bain “executive.”
Romney, according to the story, has maintained that he was not responsible for Bain companies that went bankrupt or laid off workers after February 1999, when he claims to have parted ways with the firm.
James Pethokoukis of the American Enterprise Institute found fault with the story.