Obama team: Romney committed a felony or lied to voters

Mitt Romney either lied in federal filings that show he worked at Bain Capital through 2002 and could be guilty of a felony, or has lied to the American people in saying he left the company in 1999, the Obama campaign is arguing in light of news reports on the firms filings with the Securities and Exchange Commission.

“This is serious business, said Bob Bauer, the Obama campaigns counsel, in a conference call for reporters coming after the Boston Globe published a story Thursday that calls into question the timeline...