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During the second presidential debate, Mitt Romney touted his efforts to hire women as governor of Massachusetts.

"We took a concerted effort to go out and find women who had backgrounds that could be qualified to become members of our cabinet.

"I went to a number of women's groups and said, 'Can you help us find folks,' and they brought us whole binders full of women."

Romney, however, did not have a history of appointing women to high-level positions in the private sector. Romney did not have any women partners as CEO of Bain Capital during the 1980s and 1990s.

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The investment banking field was male-dominated, to be sure, especially during Romney's time. Women started to break into the upper echelons of the firm after it started a hedge fund, called Brookside in 1996.

Today, 4 of out of 49 of the firm's managing directors in the buyout area are women.

Romney's record on hiring women as a governor was much better. In February 2004, 10 of the 20 top positions in Romney's administration were filled by women, including lieutenant governor Kerry Healey.