“Massachusetts law requires that all state employees divest themselves of financial interests in private sector contracts with state agencies. At the time, failure to do so could have resulted in a $2,000 (£1,273) fine or a 2.5-year prison sentence. The potential punishments are now stronger. Asked repeatedly whether Mr Romney had indeed profited from the company, had been aware of the potential conflict of interest, or had taken any action to avoid one, his campaign and Bain Capital declined to comment.”
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