No he wasn't.
Do your own research, it's crystal clear he's not lying about his involvement of Bain when he left to run the Olympics in 1999. But then again, perhaps you're fine the way it is.
The power of suggestion is extremely effective on many people, it worked for Obama when he promised of a new era of “transparency” in government.
This is nothing more than a failed gotcha moment that is already backfiring on the president among independents, if anything, I'd be firing the people behind these failing attack campaigns.