Olympics Video: G4S CEO admits Olympic security failure Add to ... Reuters Published Tuesday, Jul. 17 2012, 10:26 AM EDT Last updated Wednesday, Jul. 18 2012, 8:35 AM EDT The head of G4S admits his management of the London Olympics staffing scandal has embarrassed the British government and has severely damaged the reputation of the world's largest security firm Watch More Video: Daredevil wingsuit flyer performs 'high five' stunt in French Alps 49ers release Ray McDonald amid more legal trouble Pittsburgh Penguins among NHL team dealing with mumps Oilers GM steps in to coaching role after firing Dallas Eakins Kaillie Humphries on her busy World Cup schedule Connor McDavid cleared for contact Goalies vie for starting position on world junior team The next challenge for Kaillie Humphries? The four-man bobsleigh Swiss lawmakers vote for heightened financial scrutiny of sports officials Connor McDavid says Canada could 'do it all' at world juniors Panthers' Newton suffers back fractures in crash Magic Johnson supports athlete demonstrations Galaxy defeat Revolution in overtime to win fifth MLS Cup Skier Marie-Michele Gagnon 'sick' of finishing out of top three Fans line up to pay their respects to Jean Béliveau FIFA chief: Women's World Cup artificial turf not discriminatory Oilers GM says change must come from within Expert tips on breaking in, maintaining your skates Daniel Alfredsson 'grateful' to be able to say goodbye to Ottawa Olympic moguls champ named Canada's chef de mission for Rio Comments AA More Related to this Story Real Estate Video: What's happening to Vancouver's high-end real estate market? Failure Week Video: Failure is not an option for this entrepreneur Stocks Video: Is this a good entry point for Goldman stock?