1. I was just the owner. In several interviews, Romney said the documents show him as Bain?s owner but not its manager. He argued that Bain?s managers made all investment and personnel decisions and that he didn?t run Bain any more than an ordinary investor runs a company in which he owns shares. But Romney wasn?t an ordinary investor. According to the documents, he was the sole shareholder. That means he could oust, and therefore had the power to redirect, the company?s management at any point. ?As an owner, I could have come back,? he conceded to NBC News. ?I could have gone back and taken over.? To CBS News, he affirmed, ?I had the capacity, if I were not on leave, if I were actually wanting to run the business, to do so.? In effect, then, Romney?s choice not to intervene in decisions made by Bain?s managers represents some level of acquiescence.
Source: http://feeds.slate.com/click.phdo?i=a465aa5fba6056b35e7703cecf4c81a8
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