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| "Fetuses Are People My Friends!" |
And these documents challenge Romney's claim that he left Bain Capital in early 1999.
| Mon Jul. 2, 2012 3:00 AM PDT
Earlier this year, Mitt Romney nearly landed in a politically perilous controversy when the Huffington Post reported
that in 1999 the GOP presidential candidate had been part of an
investment group that invested $75 million in Stericycle, a
medical-waste disposal firm that has been attacked by anti-abortion
groups for disposing aborted fetuses collected from family planning
clinics. Coming during the heat of the GOP primaries, as Romney tried to
sell South Carolina Republicans on his pro-life bona fides, the
revelation had the potential to damage the candidate's reputation among
values voters already suspicious of his shifting position on abortion.
But Bain Capital, the private equity firm Romney founded, tamped down
the controversy. The company said Romney left the firm in February 1999
to run the troubled 2002 Winter Olympics in Salt Lake City and likely
had nothing to with the deal. The matter never became a campaign issue.
But documents filed by Bain and Stericycle with the Securities and
Exchange Commission—and obtained by Mother Jones—list Romney as
an active participant in the investment. And this deal helped
Stericycle, a company with a poor safety record, grow, while yielding
tens of millions of dollars in profits for Romney and his partners. The
documents—one of which was signed by Romney—also contradict the official
account of Romney's exit from Bain. READ MORE
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