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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: TopCat who wrote (662153)7/15/2012 12:08:12 PM
From: tejek  Read Replies (4) | Respond to of 1578544
 
You guys are so lame. If you owned 100% of a company, whether you were active or not, of course you would be "authorized" to sign papers on behalf of the company.

If you own 100% of a company, then you are responsible for 100% of what that company does whether you are running the Olympics or not.



To: TopCat who wrote (662153)7/15/2012 2:31:46 PM
From: puborectalis  Read Replies (5) | Respond to of 1578544
 
Everyone Is Ripping This Mitt Romney Adviser For Saying Romney 'Retired Retroactively' From Bain Capital

This Political Wire tweet says it all: "Romney campaign comes up with worst talking point ever."

It comes as a reaction to the appearance of Ed Gillespie, a senior adviser to Mitt Romney, on CNN's "State of the Union" with Candy Crowley. Gillespie told Crowley on Sunday that Romney, who has faced a slew of criticism this week over when exactly he left Bain Capital, "retired retroactively" from Bain.

Romney has said he left the company in 1999 to run the Olympics. He is trying to avoid being associated with responsibility for some of Bain's notable bankruptcies and its involvement with several companies that outsourced jobs during that time period.

"There may have been a thought at the time that it could be part-time," Gillespie said, when Crowley asked him about Romney's leave of absence. "It was not part-time. The Olympics was in a shambles. The International Olympic Committee was going to pull the Olympics from the United States of America, which would have been a huge embarrassment.

"He took a leave of absence and in fact, ended up not going back at all and retired retroactively to February 1999 as a result."

Gillespie said that President Barack Obama and his campaign were trying to shift the narrative away from the slumping economy. He said it was also "sad to see" members of Obama's campaign staff imply that Romney could have committed a felony if he lied on SEC filings.

"We now know that this president will say or do anything to keep the highest office in the land, even if it means demeaning the highest office in the land," Gillespie said.

Watch below:

Read more: businessinsider.com