Mitt Romney takes a new position at son's firm

Republican presidential candidate, Mitt Romney, speaks at the podium as he concedes the presidency during Mitt Romney's campaign election night event at the Boston Convention & Exhibition Center on November 7, 2012 in Boston, Massachusetts. / Alex Wong/Getty Images

BOSTON Mitt Romney has a new position with his son's Boston-area venture capital firm.

Last year's Republican presidential nominee will serve as chairman of the executive committee for Solamere Capital. The firm was founded by Romney's oldest son, Tagg, and the national finance committee chairman for his presidential campaign, Spencer Zwick.

• Mitt Romney: "It kills me" to not be in the White House

Romney has been a limited partner in Solamere, and investors have been sent letters announcing his elevated role. The Associated Press obtained a copy of one of the letters on Wednesday.

Romney has just begun to emerge from months of isolation at his home in southern California. In a Sunday television interview, he said "it kills me" to have lost the presidential race.

He delivers his first public speech since the loss next week in Washington.

[OldTimeTruth]

Romney's back to "Lets see what I can buy and destroy and make money off of today program". LOL

[omnibus66]

He's the vulture in charge of what?

[nohater]

with some 250 million as his wealth, why bother going to work at all? perhaps he just wants more wealth which is understandable as long as he knows he can't take it with him when he dies.

[nearl451]

Look. Anne needs a break from the whining.

[skeezix06]

Bain destroyed people's lives. Is this another company/another way to do the same thing?

[nearl451]

Chief Officer of the Shoulda, Woulda, Coulda Dept.

[aintfakin]

I guess going back to Bain would have been too much stigma to his future political aspirations....which most certainly will be in vain anyway.

[ReasonableHumanBeing]

Wow, isn't amazing that his young son is already leading a venture capital firm -- Tagg must have pulled himself up by his own bootstraps, earned the position through his efforts, and really be a self-made man. And interesting that he scours through the resumes of competent exec's and finds the most able is -- his Dad!

I think that's a concrete example of affirmative action, in the upper crust.

This is absolutely ridiculous. These people are jokes.

[rzarc2]

ReasonableHumanBeing.....Yes these people are jokes, but the joke is on 99% of us as the top 1% are taking our money every day.

[baileycccc]

Who cares about this loser. he will spend his time taking jobs from Americans.........