annual profit

G4s Chief Executive Nick Buckles (C) leaves Parliament on July 17, 2012 in London, England. Mr Buckles faced questions from Members of Parliament over G4s' failure to provide enough security guards for the London 2012 Olympics  (Photo by Peter Macdiarmid/Getty Images)

G4S Chief Admits Olympic Fiasco Has Embarrassed UK

G4S says it expects to lose between 35 million pounds and 50 million pounds ($54 million-$78 million) on the contract, which is equal to about 12 percent of its annual profit.

NewsRadio 1120 KMOX–07/17/2012

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