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Top advisor: Romney 'retired retroactively' from Bain
 
As governor of Massachusetts, Mitt Romney signed into law health-care rules that required his constituents to obtain health insurance, much as ObamaCare does.
As governor of Massachusetts, Mitt Romney signed into law health-care rules that required his constituents to obtain health insurance, much as ObamaCare does.
Richard A. Bloom/Corbis

Ed Gillespie, a top adviser to Mitt Romney, declared on Sunday that the furor over the GOP presidential candidate's exact departure date from private equity firm Bain Capital is unwarranted, since Romney "retired retroactively" from Bain. Romney has long claimed that he left Bain in 1999 to manage the Winter Olympics in Utah — girding him from charges that he's responsible for post-1999 outsourcing and job losses at Bain-run companies. But newly unearthed documents show that Romney was listed as the boss on official paperwork until 2002. The disconnect, Gillespie argued, is that when Romney left in 1999, he thought he might be able to work at Bain part-time while managing the Olympics. But the Utah job was so consuming that Romney "ended up not going back at all and [in 2002] retired retroactively to February 1999 as a result," Gillespie argued. Liberals immediately pounced on this quote to mock Team Romney.

 

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