This from Podesta emails when the were digging dirt up on him.
Romney and Bain Capital
1978: Mitt Romney joins Bain & Co., a Boston-based management consulting group founded by William W. Bain Jr.
1984: Romney tapped by the company founder to lead a spin-off called Bain Capital, a venture capital and private equity group.
October 1997: Bain Capital launches the Sankaty group of U.S.-based debt hedge funds. To assist U.S. tax-exempt and foreign investors, Sankaty organizes a subsidiary in Bermuda called Sankaty High Yield Asset Investors Ltd.
February 1999: Romney takes a leave of absence from Bain Capital. Bain Capital at midyear has $5.5 billion in assets under management, including $2 billion in the Sankaty funds, according to an independent evaluation.
February 2001: Romney is listed in SEC documents as president and sole shareholder of the Sankaty company in Bermuda.
August 2001: Romney announces plans to retire from Bain Capital to run for governor of Massachusetts. Before he steps down, he invests in BCIP Associates III Cayman, a private equity fund organized in the Cayman Islands.
January 2003: He puts his financial holdings into a blind trust.
2003-2007: Romney's trustee continues to invest in the Cayman fund.
2006: The Cayman fund pays Romney more than $1 million in interest, dividends and capital gains. He retains a profit share in Bain Capital until 2009, as well as investments in more than 30 Bain funds.
2007: Bain Capital manages $60 billion in assets, including $23 billion in Sankaty funds.
Source: Los Angeles Times
Can't be upvoted enough.