Wednesday, January 11, 2012

How Not to Appologize For Mitt Romney

The Wall Street Journal has along article on the odious Bain Management that shows them to be not particularly competent, most of the profit came from a really small number of deals and nearly a quarter of the companies with which Bain invested came a cropper, looking at this date Megan McArdle "argues" the she
[t]hink[s that] you can tell two stories from this data--and without looking at each individual case in depth, it's really hard to tell which story is right..
Without looking, which path does she choose? Hard graft or hand waving and excuse making for the Galtian leaders of capitalism, long may they creatively destruct with a dollop of who can tell.

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