Texas Gov. Rick Perry dropped out of the Republican presidential race Thursday, saying he saw no way forward. The same day, the Iowa Republican party announced that Mitt Romney is no longer the winner of the caucuses there.
GOP candidates have attacked Mitt Romney as a "vulture capitalist" who destroyed jobs. The charges center on his 15 years at the private equity firm Bain Capital. But what are private equity firms, and what do they do?
Longtime Boston Globe reporters Michael Kranish and Scott Helman start their biography of Mitt Romney by examining his ancestors, many of whom played crucial roles in the development of the Mormon faith. The Real Romney also examines the candidate's political beliefs and his career in private equity.
Rick Perry garnered instant front-runner status in some polls when he joined the GOP presidential race. But he slid to the back of the pack after embarrassing debate performances. All along, his bid for the nomination seemed outsize. So, too, were the expectations, which ended Thursday.
As South Carolina gears up for this weekend's primary, hopefuls are spending millions on ads slamming the president and each other. Host Michel Martin speaks to NPR's Ron Elving and Rosemarie Ostler, author of the book "Slinging Mud," about how ads today fit into America's colorful history of political attack campaigns.
There are reports Thursday that Texas Gov. Rick Perry will leave the GOP presidential race, and Iowa officials announced final results of the state's Republican presidential nominating caucuses held earlier this month.
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