Nancy Cordes, CBS: Are you comfortable with the tone being set with your campaign? Have you asked them to change their tone when it comes to defining Mr. Romney.

President Obama: Well, first of all I am not sure that all of those characterizations that you laid out there were accurate. For example, nobody accused Mr. Romney of being a felon. And, I think that what is absolutely true is if you watch me on the campaign trail, here’s what I’m talking about. I’m talking about how to put Americans back to work
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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 firm’s filings with the Securities and Exchange Commission.

“This is serious business,” said Bob Bauer, the Obama campaign’s counsel, in a conference call for reporters coming after the Boston Globe published a story Thursday that calls into question the timeline of Romney’s involvement of the firm that the Republican candidate has been promulgating for years.

recall…

Deputy campaign manager Stephanie Cutter laid out the issue as the Obama team sees it: “Either Mitt Romney, through his own words and his own signature, was misrepresenting his position at Bain to the SEC, which is a felony.”