Beware of being snowed by meaningless documents.

[pnwmom]

Maybe there's something nefarious in those 950 pages (it's probably not those companies that were started after his retirement, however, because his retirement agreement gave him an interest in companies started up to 10 years after he left.)

Or maybe, those 950 pages are supposed to inoculate him against further calls for even MORE papers -- i.e. his tax returns. I can hear them saying: "They've read 950 pages and have found nothing! And now they want even more documents! They'll never be satisfied."

THESE ARE THE WRONG DOCUMENTS. WE NEED TO SEE THE TAX RETURNS.

[Wait Wut]

1. Excellent point.

And, similar to what I was thinking earlier.

[RKP5637]

2. Yep, oldest game, snow people with tons of information that's irrelevant to the request. n/t

[cleduc]

3. I agree about the warning to be careful

and that the tax returns are ideal.

But we're not going to see the tax returns.

However, some of those documents might have clues that lead to other stuff that disproves his claims or may help to keep the story in the media. So I'm not complaining about their release

[pnwmom]

4. I'm not complaining. People shouldn't be making a big deal out of this though

when we don't know if the documents are 1) real or 2) important.

[ProgressiveEconomist]

5. This is HUGE: Romney's IRA contains an entity that did not even exist until 2008!

My post from ian62's earlier thread, at
http://www.democraticunderground.com/?com=view_post&forum=1002&pid=1187132 :

I had thought that Romney's $100 million IRA must have come from huge valuation gains on low-valuation contributions of his original Bain Capital stock. This would have been a borderline fraudulent piece of accounting at best.

But apparently, Romney's IRA contains at least one entity that did not even exist until 2008! IMO, unless the IRA bought those shares on the open market, that CANNOT be anything except tax fraud, because only employee compensation of a few thousand dollars a year can constitute a legal IRA or 401K contribution. Romney must be treating shares of post-2002 Bain investment creations as stock dividends on his original Bain shares, or else rolling over new Bain entities that somehow got into Bain 401Ks as post-2002 employee compensation valued below $15,000 a year.

From http://gawker.com/5936873 :

Romney has long claimed, despite evidence to the contrary, that he retired from Bain Capital in 1999. The Bain documents we obtained indicate that his involvement with the company extended years past that date. ...

Sankaty Credit Opportunities IV-—of which Romney owns more than $1 million in his IRA and which earned him between $50,000 and $100,000 in 2011, and which is likewise described as an investment made pursuant to his retirement package-—wasn't even created until July 2008. That's nine years after his retirement from Bain and five months after he withdrew from the 2008 GOP primary.

... it's difficult to explain an apparent $1 million-plus payment from Bain, made in 2008, as being pursuant to a retirement package that was negotiated in 1999."

[pnwmom]

6. Not really. His retirement agreement gave him ownership interest

in new Bain entities created within 10 years of his retirement. Why couldn't that have gone into his IRA account?