February 99 News Today

Distinction between managing and controlling something. these are all s.e.c. documents of companies that bain owned a part of. they were required to file on them because they were owners, they controlled them. you can say that sounds like you ran the thing, you were in charge. its a reflection of ownership, not about who manages it. we are harvey pitt on the record saying the s.e.c. doesnt care in this context whos managing it. the question is hes making money from all of it. >> then why is it t...

Distinction. but in some ways it isnt. thats why were litigating and fighting over it. after 99 bain made some investments in certain companies that were involved in outsourcing jobs to china, india, mexico. mitt romney is trying to basically claim that he wasnt involved with those sort of decisions. even though he still owned the company, even though he still benefited from that company, even though he put the company on that path, hes trying to separate himself from those particular deals. the...

Was on the sec filings because he was still technically the owner, but hadnt transferred ownership to other partners. still, technically the owner for three more years. i guess nobody could have cleared that up in the contractor of file sngs. >> he was technically the owner. making millions of dollars from this. what is it? this is not the way as charles said, most people live their lives and if youre not really the owner, not really in control of these shares, then why are you representing that...

Theres a $15 trillion debt. today the hhs is reversing welfare reform of bill clinton. >> david corn, youve been all over this story. explain to someone who has been half paying attention the significance of 1999 versus 2002. >> in some ways, its a phony distinction. but in some ways it isnt. thats why were litigating and fighting over it. after 99 bain made some investments in certain companies that were involved in outsourcing jobs to china, india, mexico. mitt romney is trying to basically cl...