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"I need to get 50.1 percent or more and I'm appreciative to have the help of a lot of good people," Romney said earlier this year. Why wasn't he releasing more than two years of tax returns? "In political environment that exists today, the opposition research of the Obama campaign is looking for anything they can use to distract from the failure of the president to reignite our economy," Romney said. It's all too much for Peggy Noonan, a conservative columnist and former speechwriter for President Ronald Reagan, who last week wrote in her column: "The candidate can't run the show. He can't be the CEO of the campaign and be the candidate." "The candidate is out there every day standing for things, fighting for a hearing, trying to get the American people to listen, agree and follow," Noonan wrote Friday. "The candidate cannot oversee strategy, statements, speechwriting, ads. He shouldn't be debating what statistic to put on slide 4 of the PowerPoint presentation." Romney publicly shrugs off such talk. He has embraced his CEO skills, saying he would use a hands-on model to govern the country and follow the example set by his father, George Romney, who served as governor of Michigan. Former business colleagues say that's how Romney has operated his whole career. As CEO of Bain Capital, Romney paid careful attention to the companies he invested in and often possessed a deep knowledge of the numeric requirements for success. Detail was what made Bain different from other private equity firms in the first place. Instead of just investing money, Bain would delve deep into each company, getting to know the ins and outs of its business almost better than the company itself did. Bain Capital carefully avoided what company veterans call "imponderables"
-- enterprises where success hinged on doing something that couldn't really be estimated. A biotechnology firm working on a cancer cure, for example, could offer a high payoff, but it was difficult to assess just how likely it was that the research would ever succeed. Instead, the companies were often old manufacturing enterprises or companies that sell everyday products. Presidents have to solve those types of intractable problems. "I've seen how the issues that come across a president's desk are always the hard ones," first lady Michelle Obama said recently. "The problems where no amount of data or numbers will get you to the right answer."
[Associated
Press;
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