Mitt Romney either lied in federal filings that show he worked at Bain Capital through 2002 and could be guilty of a felony, or has lied to the American people in saying he left the company in 1999, the Obama campaign is arguing in light of news reports on the firm’s filings with the Securities and Exchange Commission.
“This is serious business,” said Bob Bauer, the Obama campaign’s counsel, in a conference call for reporters coming after the Boston Globe published a story Thursday that calls into question the timeline of Romney’s involvement of the firm that the Republican candidate has been promulgating for years.
Deputy campaign manager Stephanie Cutter laid out the issue as the Obama team sees it: “Either Mitt Romney, through his own words and his own signature, was misrepresenting his position at Bain to the SEC, which is a felony."
"Or," she said, "he was misrepresenting his position at Bain to the
American people to avoid responsibility for some of the consequences of
his investments,” including layoffs and the outsourcing of jobs.