I'll be quick about this.
On August 12, 2011, Mitt Romney filed this report with the Federal Election Commission. On the 27th page it states:
Mr. Romney retired from Bain Capital on February 11, 1999 to head the Salt LakeThis statement is false. A lie.
Organizing Committee. Since February 11, 1999, Mr. Romney has not had any active rolewith any Bain Capital entity and has not been involved in the operations of any Bain Capital entity in any way.
As Talking Points Memo's Josh Marshal reported on July 10th, Securities and Exchange Commission filings show Romney listed as the CEO, president, and sole owner of Bain capital. You are not "retired" if you are the CEO and president of a company. Other SEC docs indicate that Mitt Romney drew a salary of "over $100,000" for being CEO of Bain. That, by definition, is not being retired. These SEC documents also state that Romney's "principal occupation" was being the CEO of Bain Capital. That, by definition, is not being retired.
Being CEO and President is not having" any active role" or not being involved "in any way". If you are the sole owner of a private entity, you are legally responsible for that entity. You are "involved" in that entity. Had Bain Capital participated in an illegal action, Mitt Romney would have been held financially and possibly criminally liable for that action.
Even with this just this evidence, Mitt Romney ought to be arrested for lying to a federal agent. A crime that carries a penalty of 5 years maximum in prison.
More beyond the cover for those who seek it.