Boston Globe Denies Romney’s Demand for a Correction on Bain Story

Politico.com has published an email from Boston Globe editor Martin Baron to Gail Gitcho, communications director of the Romney campaign, in which Baron says the paper sees no need to correct its report that Romney remained in charge of Bain Capital three years longer than he has claimed:

Dear Ms. Gitcho:

We received your request late this afternoon for a correction regarding this morning’s Globe story. Having carefully reviewed that request, we see no basis for publishing a correction. The Globe story was entirely accurate.

The Globe story was based on government documents filed by Bain Capital itself. Those described Governor Romney as remaining at the helm of Bain Capital as its “sole stockholder, chairman of the board, chief executive officer, and president” until 2002. The story also cited state financial disclosure forms filed by Romney that showed he earned income as a Bain “executive” in 2001 and 2002, separate from investment earnings.

The Globe story accurately described the contents of those documents.

The Globe story also gave a full account of the Romney campaign’s position that, notwithstanding several years of regulatory filings, Mitt Romney “retired from Bain Capital in 1999 … (and) has had no involvement in the management or investment activities of Bain Capital, or with any of its portfolio companies, since that time.” In your correction request, you reiterate points that are fully detailed in the Globe story.

Sincerely,

Martin Baron
Editor, The Boston Globe

The Globe reported prompted Obama campaign Deputy Campaign Manager Stephanie Cutter to suggest Romney may be hiding criminal wrongdoing:

“When Mitt Romney ran for governor and now as he’s running for president, he consistently claimed he could not be blamed for bankruptcies and layoffs from Bain investments after February 1999 because he departed for the Olympics,” Stephanie Cutter, Obama’s deputy campaign manager, said in a statement. “Now, we know that he wasn’t telling the truth.”

On a conference call with reporters, Cutter alleged Romney, the presumptive GOP nominee for president, was either “misrepresenting his own position at Bain to the SEC, which is a felony, or he was misrepresenting his position at Bain to the American people.”

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