The series  » Series link — Special report from The Boston Globe

In March 1999, Mitt Romney strode into the corner office of John Hancock Mutual Life Insurance president David D'Alessandro, seeking help from one of the leading sponsors of the Olympics — and urging him to renew his faith in the 2002 Salt Lake Games despite its taint of scandal.

Romney had decided to gamble his future on the chance to save the 2002 Winter Games. Tapped by Utah's governor to step in as chief executive of the Salt Lake Organizing Committee, which had embarrassed itself by lavishing gifts on International Olympics executives to get the Games, Romney portrayed his decision as an act of charity.

He had "won the lottery" through his work at Bain Capital, Romney told reporters. Now, he made clear, it was time to give something back to his country and to a city inextricably tied to his beloved church, The Church of Jesus Christ of Latter-day Saints.

But standing in D'Alessandro's office on the 59th floor of the Hancock Tower, with miles of Massachusetts sprawling beneath him, Romney offered a more personal reason for taking on the Olympic challenge. Having been defeated in his Senate race against Democratic Sen. Edward M. Kennedy in 1994, Romney knew his political future hung on the fate of the Games.

"If this doesn't work, I can come back to private life, but I won't be anything anymore in public life," he confided, according to D'Alessandro.

Thus began an experience that cemented Romney's reputation as a "turnaround artist" — a manager so competent that he could turn deficits into surpluses and who might one day be able to guide the nation. Romney would run the Games with a strong hand, personally lobbying business leaders such as D'Alessandro to maintain their Olympic contributions and helping bring new financial backers on board. Along the way, he managed to remove the stink of scandal and replace it with the glow of success.

"Through an extraordinary effort by Mitt Romney and the staff he put together, they not only avoided a very difficult time for the Olympics, but put on the greatest Winter Games I have ever seen," said William Hybl, then the president of the U.S. Olympic Committee.