Obama: Romney Needs To Answer Questions About Bain

President Barack Obama says rival Mitt Romney "is going to have to answer those questions" about when he gave up control of the private equity firm Bain Capital.

 

 

 

 

HAMPTON, Va. (AP) - President Barack Obama says rival Mitt Romney "is going to have to answer those questions" about when he gave up control of the private equity firm Bain Capital.

Obama says that if Romney "aspires to being president, one of the things you learn is you're ultimately responsible for the conduct of your operations."

Obama has accused Romney of being an "outsourcing pioneer" who invested in companies that shipped jobs to China and India. But Romney says he had no role in outsourcing U.S. jobs. He says much of that activity didn't happen until after 1999, when he says he had given up operational control at Bain.

Obama says Romney "attested to the SEC multiple times" that he led Bain.

(KFGO stock photo)

 

AP

   

© 2012 KFGO-AM  |  1020 S. 25th Street Fargo, ND 58103