Kessler Regroups On Bain

Glenn Kessler, the recently besieged WaPo factchecker, is, to his great credit, still looking into Romney's post-'99 Bain involvement:

Romney has failed to provide sufficient evidence that he had “no role whatsoever” at Bain. Over the past few days, we have repeatedly asked Bain Capital whether the firm could provide a statement that a review of Bain board meetings had shown that Romney did not attend any such meeting, either in person or by phone. We are still waiting for a response.

[UPDATE: The Boston Globe on July 20 published a lengthy article looking into this period. The reporters did not find evidence Romney was involved in specific deals but reveal a Palm Beach, Fla. meeting that he attended with his partners. The newspaper reported that “by remaining CEO and sole shareholder, Romney held on to his leverage in the talks that resulted in his generous 10-year retirement package…Before he left, tasks were doled out to other partners, including work on an investment committee and a compensation committee. He was not a partner in the new private equity funds launched in 2000 and 2001, meaning he had no role in assessing new investments, his partners said, a departure from his having previously had the final say on every deal….But Romney still had a lot of money on the table; much of his personal wealth was tied up in Bain. And he was still technically in charge.”]