To the Point
Bain Capital Woes Overshadow Romney's Campaign
Mitt Romney refuses to release more than 2 years of tax returns or clarify when he left the firm that made him a fortune. Why fellow Republicans are urging transparency.
By Warren Olney • • 50m ListenMitt Romney says success in business will lead to success in the White House, but he refuses to release more than two years of income tax returns or to be clear about just when he left the firm that made him a fortune. We hear why fellow Republicans are urging transparency — for the sake of his presidential campaign. Also, Federal Reserve Chair Ben Bernanke warns of an approaching "fiscal cliff," and with the British Army forced to step in, the head of security for the London Olympics gets a public grilling from Parliament.
Banner image: Mitt Romney on the campaign trail
In this episode
3 storiesBernanke Warns of an Approaching 'Fiscal Cliff'
Federal Reserve Chairmen Ben Bernanke today gave the Senate Banking Committee sobering news about unemployment. "Given that growth is projected to be not much more than the rate needed to absorb new entrants into the labor force, the reduction in the unemployment rate is likely to be frustratingly slow."
Read the story7 minDoes Mitt Romney Have Something to Hide?
Mitt Romney's presidential campaign is based on lifelong success as a businessman, but he'll only release the last two years of his tax returns. It's not clear if he's been candid about when he left Bain Capital , the company he founded and that made him a fortune.
Read the story36 minG4S Admits to 'Humiliating Shambles' over Olympics Security
Last week, private security company G4S admitted it won't have enough security personnel to cover the London Olympics. With the games scheduled to start in just 10 days, the British Army agreed to provide 3500 soldiers, bringing the total to some 17,000.
Read the story10 min
