Like several Dish readers, Avik Roy praises Romney's business record:
It is true that the money that [leveraged-buyout (LBO)] firms draw out of an acquired company — in the form of dividends and management fees — will always look bad in a situation where the turnaround fails. It will be up to Romney to defend this practice. But it’s important to remember that LBO firms have every incentive to avoid letting their investments fail: After all, they stand to make far more money if their turnarounds succeed.
Similarly, Bainbridge defends Romney's firing people while working at Bain. Frum seconds him:
The fact is, presidents (being politicians) get into much more trouble because they hesitate to fire than because they overenjoy it. Donald Rumsfeld lasted for years after it became apparent that his management of the Iraq War was failing. President Obama won't take action against Eric Holder, not after he bollixed the trial of Khalid Sheikh Muhammed, who has to date faced neither the promised civilian trial nor the substituted military commission. It was son George W. who had to carry the message to White House Chief of Staff John Sununu that he must go, because President George H.W. Bush could not bear to do it. For 13 miserable years, Franklin Roosevelt flinched from firing an incompetent and obnoxious White House cook.