Romney denies management role at Bain after 1999

By the Associated Press | July 13, 2012 | 6:42 PM EDT

LACONIA, N.H. (AP) — Republican presidential candidate Mitt Romney says he retained ownership of Bain Capital for a time after 1999 but had no management role.

Romney's comments to ABC News come amid the disclosure of federal documents that list him as the head of Bain from 1999 to 2001.

Bain was sending jobs overseas then, and President Barack Obama's campaign has criticized Romney as running a firm that pioneered job outsourcing. Romney's team has insisted he was not running the firm then.

In interviews Friday with the major broadcast and cable news networks, Romney says Obama should apologize for ads saying he was in charge of Bain when it outsourced jobs.

Romney says Obama should "rein in his team" following an Obama aide's suggestion that the documents could lead to a felony charge.