Although Mitt Romney is demanding an apology from the Obama campaign for spreading "lies" about him, it would seem that he should be the one apologizing. If he was still chairman, CEO, and president of Bain Capital from 1999 to 2002, as his own filings with the SEC indicate, then he is the one lying about leaving the company in 1999, not President Obama.
If Mr. Romney is telling the truth about when he left the company, then he was lying to the SEC. And that is a felony for which he could face jail time in addition to owing an apology to the American people.
So which of Mr. Romney's statements is the lie, and which one is true? They can't both be true, any more than black can be white or up can be down.