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G4S fiasco: Olympic Games in London can end in a security disaster.

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British lawmakers tore into the chief executive of the security contractor that will be unable to deliver enough guards for the Olympic Games, forcing Nick Buckles to agree Tuesday that the fiasco is “a humiliating shambles.”

Buckles, the chief executive of G4S, said the company should not have agreed to provide 10,400 guards for the Olympics, six days after the security giant admitted it could not do so.

“We regret signing the contract,” Buckles said under pressure from lawmakers. British lawmakers call G4S performance “unacceptable, incompetent and amateurish”

The company’s failure forced the government to call in 3,500 military personnel to help, and will also require extra police to be deployed. The U.S. is sending some Homeland Security staff to Britain during the Games. READ MORE HERE