On the Awarding of Pinocchios

PinocchioGlenn Kessler, the WaPo’s fact-checker concludes his backtracking on Romney’s post-1999 involvement with this gem:

Going forward, unless new evidence emerges, on a case-by-case basis we may withhold the awarding of Pinocchios when the claim rests mostly on the question of when Romney stopped managing Bain Capital.

Please explain that sentence, what it means in context, to the proverbial “Man from Mars.”

I think it means, although I’m not sure, “Given a ton of evidence that Romney was involved with Bain post-1999, and complete stonewalling from Bain on the question, I will no longer call anyone a liar who says that Mitt Romney was involved with Bain Capital between 1999 and 2002.”

Very big of Glenn Kessler.