- Romney left Bain in 1999 to lead the winter Olympics.
- In 1999 when Romney announced his decision to leave, Bain convened a 37 member management transition team; and published this information in 2000 on its website. Romney’s name is notably absent from the list.
- In 2002, Romney and Bain settled a lengthy 10-year severance negotiation that expired in 2009. 10 years before 2009 is 1999 – the active date of termination from Bain.
- Several lawsuits filed by creditors against Bain in the early 2000’s did not name Romney as a defendant. This was because he was not an active executive.
- When Romney left Bain to turnaround the Winter Games, the Olympic Commission was $379M in debt. Under Romney, the produced a $100M surplus. The surplus went to future Olympic game funds.
- Romney said he would only accept the $250,000 a year salary if the Olympics made a profit. After he accomplished that, he turned his salary over to charity. In addition, he personally contributed $1 million to the Olympics.