Mitt the (wise?) spender

The NY Times has a fairly complimentary story today about Mitt Romney's frugality - at least I interpret frugality that way.

But there is also this:

Several of Mr. Romney’s colleagues saw a measure of delusion in his thrift, especially after his self-financed 1994 campaign against Senator Edward M. Kennedy of Massachusetts. Mr. Wolpow recalled Mr. Romney’s response after learning that a few Bain Capital executives had invested their own money in a jet-sharing program to make travel easier. 

“I don’t see how anyone could spend $2 million on the share of a private jet,” Mr. Romney told him. 

Mr. Wolpow replied playfully: “Mitt, I don’t see how anyone could spend $4 million trying to beat Ted Kennedy.”

Story.