When did Mitt Romney really leave Bain Capital? Was it in 1999 — or was he the de facto, hands-on boss for years after? The Obama campaign and the Boston Globe would have voters believe Romney continued to run things even as he saved the 2002 Winter Olympics. And if Romney was no longer actively involved after 1999, then he misled Bain investors as to his minimal and passive role — a possibly felony, Team Obama and the Globe loosely suggest.
But Washington Post fact checker Glenn Kessler and Fortune magazine quickly debunked the story and the Obama campaign’s charges.
Then there is this fascinating account in the book The Real Romney — written by two Boston Globe reporters — of what happened in 1999 when Romney told his colleagues at Bain he was leaving the firm: