How Mitt Romney made his fortune

An interesting post on a board the almost solely exists to help people find private equity investments.

Leveraged buyouts <> private equity. It is just one form of it. Sometimes the money is borrowed from investors who expect a return on their money. Listen to the horror stories here about diluted shares on a buy out. Whoever lends the money has the leverage.

I posted this because I'm interested in HN's opinion of private equity - the article takes a very negative view on it (and Romney himself), but there's always a 2nd point of view.