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Distinction between managing and controlling something. these are all s.e.c. documents of companies that bain owned a part of. they were required to file on them because they were owners, they controlled them. you can say that sounds like you ran the thing, you were in charge. it's a reflection of ownership, not about who manages it. we are harvey pitt on the record saying the s.e.c. doesn't care in this context who's managing it. the question is he's making money from all of it. >> then why is it that nick confessore can explain that better and fairly quickly, better than the romney campaign?...

For the opponents, it puts in to bold relief the things he has done for the african american community are significant at this point in time. >> if you say on the one hand, you have all these programs professor peterson just talked about, have benefitted the african americans without targeting them specifically, but you cannot discount the fact that if he mentions racial -- trayvon martin or skip gates and the cop that mishandled him, that there's a racial climate, how do we ballot and talk about the issues and at the same time understand the fix here? >> it's tricky. and then they are policy ...

That you are talking about, where every racial move that he makes is a political football for the opponents, it puts in to bold relief the things he has done for the african american community are significant at this point in time. >> if you say on the one hand, you have all these programs professor peterson just talked about, have benefitted the african americans without targeting them specifically, but you cannot discount the fact that if he mentions racial -- trayvon martin or skip gates and the cop that mishandled him, that there's a racial climate, how do we ballot and talk about the issu...

Where every racial move that he makes is a political football for the opponents, it puts in to bold relief the things he has done for the african american community are significant at this point in time. >> if you say on the one hand, you have all these programs professor peterson just talked about, have benefitted the african americans without targeting them specifically, but you cannot discount the fact that if he mentions racial -- trayvon martin or skip gates and the cop that mishandled him, that there's a racial climate, how do we ballot and talk about the issues and at the same time unde...

Makes the political, personal and writes about the struggles the president's grandmother faced in the workplace. mrs. obama writes, even though barack's grandmother worked hard to support his family, even though she was good at her job, she hit that glass ceiling. men, no more qualified than she was, were promoted up the ladder ahead of her. so believe me, barack knows what it means when a family struggles. joining me now is nia-malika henderson reporting for "the washington post." nia-malika, it's tricky for first ladies to get into talking policies too much. michelle obama seems to have the ...