George Will: Mitt Romney Is 'Losing' Argument On Bain Capital, Personal Finances (VIDEO)

WATCH: George Will's Dark Words For Mitt Romney
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George Will hit Mitt Romney over his approach to his career at Bain Capital and his personal finances on Sunday's "This Week."

Those issues have been two of the main points of criticism for the candidate. Romney recently faced new criticism over his offshore investments. New reports that suggest Romney stayed at the private equity firm until 2002 — three years after he said he left — also raised fresh controversy for his campaign.

On Sunday, George Stephanopoulos asked which campaign was winning argument over Romney's record. "Mitt Romney's losing at this point in a big way," Will contended. He said that Romney should have taken care of those issues years ago, as soon as he knew he would be running for president in 2012. Watch the remarks at :52 in the clip above.

"I don't know why... he didn't get all of this out and tidy up some of his offshore accounts and all the rest," Will said. "He's done nothing illegal, nothing unseemly, nothing improper, but lots that's impolitic."

He remembered that Romney faced the same scrutiny over his private sector experience during his 1994 race for the Senate. Will added that Romney's business background made him vulnerable "at a time when the financial sector is an extremely bad odor."

Republican strategist Mary Matalin objected to Will's line of reasoning, arguing that the American people care more about their own bank accounts and taxes than Mitt Romney's. "This is a different election cycle," she insisted. "It's not what people care about and it hasn't hurt him anywhere."

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US Republican presidential candidate Mitt Romney speaks during a campaign event at Watson Truck and Supply in Hobbs, New Mexico, on August 23, 2012. Romney is in New Mexico to unveil his energy plan, which aims at energy independence for North America by 2020. AFP PHOTO/Jewel Samad (Photo credit should read JEWEL SAMAD/AFP/GettyImages) (credit:Getty)
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US Republican presidential candidate Mitt Romney speaks during campaign event at Watson Truck and Supply in Hobbs, New Mexico, on August 23, 2012. Romney is in New Mexico to unveil his energy plan, which aims at energy independence for North America by 2020. AFP PHOTO/Jewel Samad (Photo credit should read JEWEL SAMAD/AFP/GettyImages) (credit:Getty)
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Republican presidential candidate and former Massachusetts Gov. Mitt Romney, left, listens as Arizona Gov. Jan Brewer, right, speaks as he campaigns with Republican governors at Basalt Public High School, in Basalt, Colo., Thursday, Aug. 2, 2012. Pictured from left to right: New Jersey Gov. Chris Christie; South Carolina Gov. Nikki Haley; Virginia Gov. Bob McDonnell; Louisiana Gov. Bobby Jindal; Texas Gov. Rick Perry; Wyoming Gov. Matt Mead; Utah Gov. Gary Herbert; New Mexico Gov. Susana Martinez; Arizona Gov. Jan Brewer. (AP Photo/Charles Dharapak) (credit:AP)
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Republican presidential candidate and former Massachusetts Gov. Mitt Romney campaigns at Basalt Public High School, in Basalt, Colo., Thursday, Aug. 2, 2012. (AP Photo/Charles Dharapak) (credit:AP)
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LONDON, ENGLAND - JULY 27: Republican presidential candidate Mitt Romney is seen during the Opening Ceremony of the London 2012 Olympic Games at the Olympic Stadium on July 27, 2012 in London, England. (Photo by Pascal Le Segretain/Getty Images) (credit:Getty)
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LONDON, ENGLAND - JULY 27: Republican presidential candidate Mitt Romney (R) is seen during the Opening Ceremony of the London 2012 Olympic Games at the Olympic Stadium on July 27, 2012 in London, England. (Photo by Pascal Le Segretain/Getty Images) (credit:Getty)
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LONDON, ENGLAND - JULY 28: A fan holds a Union Flag over the head of Republican Presidential candidate, former Massachusetts Governor Mitt Romney as he attends the morning swimming session on Day One of the London 2012 Olympic Games at the Aquatics Centre on July 28, 2012 in London, England. (Photo by Al Bello/Getty Images) (credit:Getty)
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US Republican presidential candidate Mitt Romney and his wife Ann wave during the opening ceremony of the London 2012 Olympic Games at the Olympic Stadium July 27, 2012 in London. AFP PHOTO / Pool / Toby Melville (Photo credit should read TOBY MELVILLE/AFP/GettyImages) (credit:Getty)
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US Republican presidential candidate Mitt Romney shakes hands with supporters after speaking at a town hall meeting at Central High School in Grand Junction, Colorado, on July 10, 2012.Romney said he has 'nothing hidden' in his taxes, rebuffing accusations by President Barack Obama's campaign that he is being secretive with his wealth in offshore accounts and businesses. In an interview with Radio Iowa that aired Tuesday, the Republican presumptive nominee said his finances were legitimate and managed by a blind trust. AFP PHOTO/Nicholas KAMM (Photo credit should read NICHOLAS KAMM/AFP/GettyImages) (credit:Getty)
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HOUSTON, TX - JULY 11: Republican presidential candidate and former Massachusetts Gov. Mitt Romney addresses the NAACP National Convention at the Geoerge R. Brown Covention Center July 11, 2012 in Houston, Texas. Romney spoke about jobs and reducing government spending, including the Affordable Heathcare Act, during the address. (Photo by Eric Kayne/Getty Images) (credit:Getty)
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US Republican presidential candidate Mitt Romney addresses the NAACP annual convention in Houston, Texas on July 11, 2012. Romney brought his pro-jobs pitch to black voters Wednesday, aiming to poach defectors by arguing US President Barack Obama has left the economy 'worse for African-Americans in almost every way.'AFP PHOTO/Nicholas KAMM (Photo credit should read NICHOLAS KAMM/AFP/GettyImages) (credit:Getty)
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US Republican presidential candidate Mitt Romney addresses the National Association for the Advancement of Colored People (NAACP) annual convention in Houston on July 11, 2012. Romney brought his pro-jobs pitch to black voters Wednesday, aiming to poach defectors by arguing US President Barack Obama has left the economy 'worse for African-Americans in almost every way.' Blacks voted overwhelmingly for Democrat Obama over Republican nominee John McCain in 2008, but with US unemployment above eight percent and a recent spike up to 14.4 percent jobless among blacks, Romney hopes to win over disaffected voters. AFP PHOTO/Nicholas KAMM (Photo credit should read NICHOLAS KAMM/AFP/GettyImages) (credit:Getty)
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US Republican presidential candidate Mitt Romney shakes hands with supporters after speaking at a town hall meeting at Central High School in Grand Junction, Colorado, on July 10, 2012.Romney said he has 'nothing hidden' in his taxes, rebuffing accusations by President Barack Obama's campaign that he is being secretive with his wealth in offshore accounts and businesses. In an interview with Radio Iowa that aired Tuesday, the Republican presumptive nominee said his finances were legitimate and managed by a blind trust. AFP PHOTO/Nicholas KAMM (Photo credit should read NICHOLAS KAMM/AFP/GettyImages) (credit:Getty)
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People cheer as US Republican presidential candidate Mitt Romney speaks at a town hall meeting at Central High School in Grand Junction, Colorado, on July 10, 2012.Romney said he has 'nothing hidden' in his taxes, rebuffing accusations by President Barack Obama's campaign that he is being secretive with his wealth in offshore accounts and businesses. In an interview with Radio Iowa that aired Tuesday, the Republican presumptive nominee said his finances were legitimate and managed by a blind trust. AFP PHOTO/Nicholas KAMM (Photo credit should read NICHOLAS KAMM/AFP/GettyImages) (credit:Getty)
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US Republican presidential candidate Mitt Romney speaks at a town hall meeting at Central High School in Grand Junction, Colorado, on July 10, 2012.Romney said he has 'nothing hidden' in his taxes, rebuffing accusations by President Barack Obama's campaign that he is being secretive with his wealth in offshore accounts and businesses. In an interview with Radio Iowa that aired Tuesday, the Republican presumptive nominee said his finances were legitimate and managed by a blind trust. AFP PHOTO/Nicholas KAMM (Photo credit should read NICHOLAS KAMM/AFP/GettyImages) (credit:Getty)
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People cheer as US Republican presidential candidate Mitt Romney speaks at a town hall meeting at Central High School in Grand Junction, Colorado, on July 10, 2012.Romney said he has 'nothing hidden' in his taxes, rebuffing accusations by President Barack Obama's campaign that he is being secretive with his wealth in offshore accounts and businesses. In an interview with Radio Iowa that aired Tuesday, the Republican presumptive nominee said his finances were legitimate and managed by a blind trust. AFP PHOTO/Nicholas KAMM (Photo credit should read NICHOLAS KAMM/AFP/GettyImages) (credit:Getty)
Mitt Romney Addresses NAACP National Convention(55 of71)
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US Republican presidential candidate Mitt Romney speaks at a town hall meeting at Central High School in Grand Junction, Colorado, on July 10, 2012.Romney said he has 'nothing hidden' in his taxes, rebuffing accusations by President Barack Obama's campaign that he is being secretive with his wealth in offshore accounts and businesses. In an interview with Radio Iowa that aired Tuesday, the Republican presumptive nominee said his finances were legitimate and managed by a blind trust. AFP PHOTO/Nicholas KAMM (Photo credit should read NICHOLAS KAMM/AFP/GettyImages) (credit:Getty)
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US Republican presidential candidate Mitt Romney speaks at a town hall meeting at Central High School in Grand Junction, Colorado, on July 10, 2012.Romney said he has 'nothing hidden' in his taxes, rebuffing accusations by President Barack Obama's campaign that he is being secretive with his wealth in offshore accounts and businesses. In an interview with Radio Iowa that aired Tuesday, the Republican presumptive nominee said his finances were legitimate and managed by a blind trust. AFP PHOTO/Nicholas KAMM (Photo credit should read NICHOLAS KAMM/AFP/GettyImages) (credit:Getty)
US Republican presidential candidate Mit(58 of71)
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US Republican presidential candidate Mitt Romney speaks at a town hall meeting at Central High School in Grand Junction, Colorado, on July 10, 2012.Romney said he has 'nothing hidden' in his taxes, rebuffing accusations by President Barack Obama's campaign that he is being secretive with his wealth in offshore accounts and businesses. In an interview with Radio Iowa that aired Tuesday, the Republican presumptive nominee said his finances were legitimate and managed by a blind trust. AFP PHOTO/Nicholas KAMM (Photo credit should read NICHOLAS KAMM/AFP/GettyImages) (credit:Getty)
US Republican presidential candidate Mit(59 of71)
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US Republican presidential candidate Mitt Romney speaks at a town hall meeting at Central High School in Grand Junction, Colorado, on July 10, 2012.Romney said he has 'nothing hidden' in his taxes, rebuffing accusations by President Barack Obama's campaign that he is being secretive with his wealth in offshore accounts and businesses. In an interview with Radio Iowa that aired Tuesday, the Republican presumptive nominee said his finances were legitimate and managed by a blind trust. AFP PHOTO/Nicholas KAMM (Photo credit should read NICHOLAS KAMM/AFP/GettyImages) (credit:Getty)
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US Republican presidential candidate Mitt Romney speaks at a town hall meeting at Central High School in Grand Junction, Colorado, on July 10, 2012.Romney said he has 'nothing hidden' in his taxes, rebuffing accusations by President Barack Obama's campaign that he is being secretive with his wealth in offshore accounts and businesses. In an interview with Radio Iowa that aired Tuesday, the Republican presumptive nominee said his finances were legitimate and managed by a blind trust. AFP PHOTO/Nicholas KAMM (Photo credit should read NICHOLAS KAMM/AFP/GettyImages) (credit:Getty)
US Republican presidential candidate Mit(61 of71)
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US Republican presidential candidate Mitt Romney speaks at a town hall meeting at Central High School in Grand Junction, Colorado, on July 10, 2012.Romney said he has 'nothing hidden' in his taxes, rebuffing accusations by President Barack Obama's campaign that he is being secretive with his wealth in offshore accounts and businesses. In an interview with Radio Iowa that aired Tuesday, the Republican presumptive nominee said his finances were legitimate and managed by a blind trust. AFP PHOTO/Nicholas KAMM (Photo credit should read NICHOLAS KAMM/AFP/GettyImages) (credit:Getty)
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People arrive to attend a town hall meeting of US Republican presidential candidate Mitt Romney at Central High School in Grand Junction, Colorado, on July 10, 2012.Romney said he has 'nothing hidden' in his taxes, rebuffing accusations by President Barack Obama's campaign that he is being secretive with his wealth in offshore accounts and businesses. In an interview with Radio Iowa that aired Tuesday, the Republican presumptive nominee said his finances were legitimate and managed by a blind trust. AFP PHOTO/Nicholas KAMM (Photo credit should read NICHOLAS KAMM/AFP/GettyImages) (credit:Getty)
People arrive to attend a town hall meet(63 of71)
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People arrive to attend a town hall meeting of US Republican presidential candidate Mitt Romney at Central High School in Grand Junction, Colorado, on July 10, 2012. Romney said he has 'nothing hidden' in his taxes, rebuffing accusations by President Barack Obama's campaign that he is being secretive with his wealth in offshore accounts and businesses. In an interview with Radio Iowa that aired Tuesday, the Republican presumptive nominee said his finances were legitimate and managed by a blind trust. AFP PHOTO/Nicholas KAMM (Photo credit should read NICHOLAS KAMM/AFP/GettyImages) (credit:Getty)
People arrive to attend a town hall meet(64 of71)
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People arrive to attend a town hall meeting of US Republican presidential candidate Mitt Romney at Central High School in Grand Junction, Colorado, on July 10, 2012. Romney said he has 'nothing hidden' in his taxes, rebuffing accusations by President Barack Obama's campaign that he is being secretive with his wealth in offshore accounts and businesses. In an interview with Radio Iowa that aired Tuesday, the Republican presumptive nominee said his finances were legitimate and managed by a blind trust. AFP PHOTO/Nicholas KAMM (Photo credit should read NICHOLAS KAMM/AFP/GettyImages) (credit:Getty)
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Mitt Romney Attends Fourth Of July Parade In New Hampshire(66 of71)
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WOLFEBORO, NH - JULY 4: Supporters of Republican presidential candidate, former Massachusetts Gov. Mitt Romney watch Romney speak after the Wolfeboro Independence Day parade on July 4, 2012 in Wolfeboro, New Hampshire. The Romney's took a break from their vacation to march in the parade. (Photo by Kayana Szymczak/Getty Images) (credit:Getty)
Mitt Romney Attends Fourth Of July Parade In New Hampshire(67 of71)
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WOLFEBORO, NH - JULY 4: Republican presidential candidate, former Massachusetts Gov. Mitt Romney participates during the Wolfeboro Independence Day parade on July 4, 2012 in Wolfeboro, New Hampshire. The Romney's took a break from their vacation to march in the parade. (Photo by Kayana Szymczak/Getty Images) (credit:Getty)
Mitt Romney Attends Fourth Of July Parade In New Hampshire(68 of71)
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WOLFEBORO, NH - JULY 4: Republican presidential candidate, former Massachusetts Gov. Mitt Romney participates during the Wolfeboro Independence Day parade on July 4, 2012 in Wolfeboro, New Hampshire. The Romney's took a break from their vacation to march in the parade. (Photo by Kayana Szymczak/Getty Images) (credit:Getty)
Mitt Romney Attends Fourth Of July Parade In New Hampshire(69 of71)
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WOLFEBORO, NH - JULY 4: Supporters of Republican presidential candidate, former Massachusetts Gov. Mitt Romney walk during the Wolfeboro Independence Day parade on July 4, 2012 in Wolfeboro, New Hampshire. The Romney's took a break from their vacation to march in the parade. (Photo by Kayana Szymczak/Getty Images) (credit:Getty)
Mitt Romney Attends Fourth Of July Parade In New Hampshire(70 of71)
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WOLFEBORO, NH - JULY 4: Republican presidential candidate, former Massachusetts Gov. Mitt Romney (R) addresses the crowd on stage along with U.S. Sen. Kelly Ayotte (R-NH) and her family during the Wolfeboro Independence Day parade on July 4, 2012 in Wolfeboro, New Hampshire. The Romney's took a break from their vacation to march in the parade. (Photo by Kayana Szymczak/Getty Images) (credit:Getty)
Members of MoveOn.org protest on July 13(71 of71)
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Members of MoveOn.org protest on July 13, 2012, at Mitt Romney's campaign office in Arlington, Virginia, calling for the Republican Presidential hopefull to release more of his tax returns. The group of about a dozen people blocked the hallway to the office briefly and left as soon as local police arrived. AFP Photo/Paul J. Richards (Photo credit should read PAUL J. RICHARDS/AFP/GettyImages) (credit:Getty)