Romney involved in Bain affairs after exit

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Even Romney’s explanation of his role at Bain after 1999 appears to have shifted in recent years, as shown in notes that his financial trustee provided in successive presidential candidate financial reports submitted in 2007 and in 2011 to the U.S. Office of Government Ethics. The lawyer administering Romney’s finances, R. Bradford Malt, said in 2007 that Romney did not have "any active role with any Bain Capital entity" after 1999. In 2011, that explanation broadened, saying Romney had also "not been involved in the operations of any Bain Capital entity in any way."

Both explanations appear at odds with statements attributed to Romney in a corporate press release from July 1999, five months after he left to take over the Olympic bid. The press release, recently posted on the Daily Kos website, announced the departure that year from Bain by two of Romney’s founding partners. The release also stated that Romney remained Bain’s CEO while on a "part-time leave of absence" to head the 2002 Winter Olympics in Salt Lake City.

D’Jamila Salem, a former Boston public relations executive who authored the press release, recalled recently that Bain officials provided the quotes and information about Romney at the time.

Salem was listed on the release as a press contact along with Joshua Bekenstein, a founding Bain partner. Bekenstein also substituted at times for Romney on SEC filings under power of attorney during that period. Bekenstein, still a Bain managing director, was one of several company executives who did not respond to calls from AP for comment.

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