Holy crap! This must be the end times!
But we’ll see how long it lasts. If you don’t know by now, Mitt Romney was still listed as the CEO, sole stockholder and overall master of Bain Capital until 2002, three years after he claims to have left. Why is this important? Because Romney’s entire defense against the ongoing “vulture capitalism” and “outsourcing” attacks against him is that he wasn’t at Bain for the worst offenses. Except, according to the papers filed with the SEC, he was.
This is the ultimate lose-lose for Romney. If the SEC papers are correct and he was still active, he committed a felony by lying about his role after 1999. If he wasn’t active but still listed as CEO and collecting pay as such, he was getting paid to do nothing. Either way, he’s going to get hammered by the Obama campaign and it’s going to be difficult to spin this one on Fox.
Of course, the third option is that the “liberal” media, sensing that their gravy train is going to dry up if Romney becomes too unpopular, will “forget” to dig into this or they’ll suddenly “find” a Democratic scandal to even things up a bit. Gotta keep the horse race close, after all. They need those ratings!