Work with board undercuts Bain claim
Lifelike Co., a Colorado manufacturer of toy dolls, bedeviled Bain Capital and Mitt Romney for years, a losing investment that cost Bain at least $2.1 million. Now the small, long-since-bankrupt company has become another problem for Romney, this time as evidence undermining Romney’s claim that he did not participate in Bain Capital investing activities after 1999. After helping start the company in the mid-1990s, Romney served on the board of Lifelike until at least 2001.
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