The more everyone finds out about Mitt Romney's finances, the more  questions they have. Perhaps that's why he's hiding as much as he thinks  he can get away with.
Today, The Boston Globe reported that Romney was still running Bain  Capital two years after he claims he left the firm, directly contradicting  his campaign's denial that he was involved in deals that led to layoffs,  bankruptcies, and American jobs getting shipped overseas.
It's a pattern of secrecy, and this is just the latest example of him trying  to hide the truth from voters. There are a number of issues in play right  now -- questions to which voters deserve answers:
1 Why won't Romney come clean about his taxes? He seems intent on  being the first presidential nominee in over 30 years to keep his financial  records hidden from the American people. Earlier this year, Governor  Romney hedged when asked if he'd follow the precedent set by his own  father, George Romney, and release multiple years of tax returns. After  pressure from fellow Republicans, Romney released one year -- 2010  -- which raised many more questions that full disclosure would answer.  Here's why that matters: Presidents make important decisions for this  country, and Americans ought to know the motivations behind those  decisions.
2 Who are the secret supporters raising millions for his campaign? I'm  not talking about the shadowy outside groups -- I'm talking about the  people in charge of raising money for Romney's campaign and the  Republican Party. Romney refuses to reveal his fundraising "bundlers,"  something even George W. Bush did when he ran for president. Why  is that important? Because we'd never know whether these "bundlers"  were getting special consideration in decisions made in a Romney White  House.
3 What's up with this corporation in Bermuda? One of the Romneys'  assets revealed in his 2010 tax returns is a corporation that had  previously been transferred to a blind trust the day before he took  office as governor. The single year of taxes he's released shows  that at some point it was moved back into Romney's sole ownership.  What's going on? And, crucially, what's the purpose of having a  corporation in a known tax haven like Bermuda in the first place?
4 Why did he have a Swiss bank account? Even his closest allies,  like Republican House Speaker John Boehner, can't explain why  any American running for president would have ever kept his money  in a secretive Swiss bank account.
5 When exactly did he stop running Bain? Today's Globe story sheds  light on the two years he now claims he wasn't running the firm. According  to legal documents Mitt Romney signed and filed with the Securities and  Exchange Commission, he was the sole owner, chairman of the board,  CEO, and president of Bain Capital, drawing a salary as an executive  until late 2001, and legally responsible for decisions the company made  until that time. The Romney campaign denies this report is true, but the  SEC documents with Gov. Romney's signature are hard to refute. If he  was in charge, it means his role in deals that led to layoffs, bankruptcies,  and outsourcing is much deeper than he has admitted to date.
Please forward this email and share this with everyone you know who  cares about the outcome of this election.
Everyone deserves the right to judge for themselves whether Romney's  motivations, experience, and perspective are what they want in a president.  But Mitt Romney doesn't want people to have the information they need  to make those judgments.
More to come,
Stephanie
Stephanie Cutter Deputy Campaign Manager Obama for America
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