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Mitt Romney
February 26, 2010
Topic: “Remarks by Mitt Romney”
From 1978 to 1984, Mitt Romney was Vice President at Bain & Company, a leading management consulting firm, helping businesses grow and improve their operations. In 1984, he founded and led Bain Capital, one of the nation’s most successful venture capital and investment firms.
In 1999, Romney left the private sector to become President and CEO of the Salt Lake Organizing Committee for the 2002 Olympic Winter Games. Given the tasks of turning around an Olympics mired in controversy and saddled with debt, Romney galvanized community spirit, erased a $379 million operating deficit, organized 23,000 volunteers, and oversaw an unprecedented security mobilization just months after the September 11th attacks, leading to one of the most successful Olympics in the country’s history.
Romney’s career in public service has been equally distinguished. Elected Governor of Massachusetts in 2002, he presided over a dramatic reversal of state fortunes and sustained economic growth, balancing the state budget without raising taxes, creating tens of thousands of new jobs, and enacting education reform to both reward students and aid failing schools. In 2006, Governor Romney proposed and signed into law private, market-based healthcare reform, ensuring that every Massachusetts citizen receives health insurance – without raising taxes.
On February 13, 2007, Romney formally announced his candidacy for the 2008 Republican nomination for president. Following the results of the 2007 Super Tuesday primaries, Romney suspended his campaign and endorsed McCain for President.
Governor Romney remains deeply involved in community and civic affairs. He received his B.A., with Highest Honors, from Brigham Young University in 1971. In 1975, he was awarded an MBA from Harvard Business School, where he was named a Baker Scholar, and a J.D., cum laude, from Harvard Law School.
Governor Romney and his wife Ann have been married for 40 years and have five sons, five daughters-in-law, and fourteen grandchildren.
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