As CEO and President of Bain, Romney was responsible for aborted-fetus-disposal investment

During his tenure as CEO & President of Bain, Romney’s company invested in a business that disposes of aborted fetuses.

BusinessInsider:

As “Chairman, CEO, and President” of Bain, he damn well would have remained responsible for these decisions. In which case, saying he had “left” and implying that he had no involvement or responsibility whatsoever is highly misleading.

The CEO of a car company may not have input into the decision of what specific cars the company makes or where it makes them (though he or she obviously could if s/he wanted), but this CEO is unequivocally responsible for these decisions.

Similarly, if Romney was CEO of Bain at the time it made the Stericycle decision, as well as the company layoffs and other unpleasant facts that Candidate Romney would like to disown, he certainly was responsible for these decisions.

So, enough with walking a fine line rhetorically.

Interestingly, Romney claims to have “left” Bain in February of 1999, and the aborted-fetus deal happened in November of 1999, so Romney et. al. are claiming that he had nothing to do with the deal, even though Romney remained President, CEO and stole shareholder. Interesting timing on Romney’s claim to have left.

We’re to believe that no one told Romney that they were going into the aborted fetus business. Uh huh. That’s like me taking a leave of absence from AMERICAblog, but retaining total ownership and leadership, and Chris deciding to take the blog into the porn business without telling me. Or, perhaps a more apt comparison for a company run by a man who ran for the US Senate as a Republican: Chris decided to make the blog a GOP political blog while I was gone but still running and owning the thing.

Yeah, right.

Chris also raises the point of how you run a huge business like Bain when the President and CEO is missing in action for three years, but retaining his posts in the company. So Bain was rudderless for three years, rather than Romney temporarily stepping down as President and CEO. Really?


Follow me on Twitter: @aravosis | @americablog | @americabloggay | Facebook | Instagram | Google+ | LinkedIn. John Aravosis is the Executive Editor of AMERICAblog, which he founded in 2004. He has a joint law degree (JD) and masters in Foreign Service from Georgetown; and has worked in the US Senate, World Bank, Children's Defense Fund, the United Nations Development Programme, and as a stringer for the Economist. He is a frequent TV pundit, having appeared on the O'Reilly Factor, Hardball, World News Tonight, Nightline, AM Joy & Reliable Sources, among others. John lives in Washington, DC. .

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  • bananafanafo

    Remained on Bain PAPERWORK till the process went through! Bain is OWNED by a DEMOCRAT DONOR but U don’t want to put any of his decissions on him. BLAME OTHERS is a Liberal Play Book! WISE UP PEOPLE! These people are going really LOW to indoctrinate U! Also U Demo stand for Abortions where did U think the fetus was going? Another “SPIN” This election is NOT about “BANNING” abortion. It’s about taking away GOV’T Funding because of taxpayers CHOICE & their right of conscience. TOO LAZY 2 START UR OWN CHARITY. Democrats continue to make the government (taxpayers $) their CHARITY!

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