Romney Had an Extra 3 Years at Bain

Official documents have revealed that Mitt Romney remained in control of Bain Capital until 2002, three years longer than he has previously claimed. Romney has said that he left the firm in 1999 in order to be chief executive of the Salt Lake Organizing Committee for the 2002 Winter Olympics. However, his signature remains on documents through 2002, when he finalized a 10-year severance deal with Bain that was retroactive to 1999. Despite Romney's focus on his Olympic activities during those three years, he has been shown to have had managerial control over five new investments during that time. He also remained in control of 100 percent of the company and earned money as a Bain "executive" during that time.