There's More To His Bain History
Controversy has centered on Romney's connection to Bain Capital, a financial services company that he helped found in 1984. Romney says that he left the company in 1999 and severed ties in 2002. But even after that, he was still drawing money from his severance agreement, including a stake in Bain's investment funds. Because of his inordinate funds and his privileged position at Bain, Romney was not only able to earn hundreds of thousands of dollars for doing essentially nothing, he also held onto most of that money tax-free. Romney denies being connected to Bain after 2002, but in the light of extensive investigative reporting that contradicts his claims, he has now fallen silent.