The New York Times has an interesting look into the penny pinching ways of Republican Presidential candidate Mitt Romney.
Soon after Mitt Romney handed out eye-popping bonuses to top performers at his private equity firm in the early 1990s, a young employee invited him to ride in his brand-new toy — a $90,000 Porsche 911 Carrera.
Mr. Romney was entranced by the sleek, supercharged vehicle: at the end of a spin around downtown Boston, he turned to the employee, Marc Wolpow, and marveled, “Boy, I really wish I could have one of these things.”
Mr. Wolpow was dumbfounded. “You could have 12 of them,” he recalled thinking to himself.
But Mr. Romney had insisted on driving an inexpensive, domestic stalwart that looked out of place in the company parking lot — a Chevrolet Caprice station wagon with red vinyl seats and a banged-up front end.
It was a stark sign of the tug of war, still evident in Mr. Romney’s life, between an instinctive, at times comical frugality, and an embrace of the lavish lifestyle that accompanied his swelling Wall Street fortune.
Mr. Romney, 64, has poured $52 million of his own money into campaigns for the Senate and the White House, but is obsessed with scoring cheap flights on the discount airline JetBlue.
He has acquired six-figure thoroughbred horses for his wife, Ann, yet plays golf with clubs from Kmart. And he has owned a series of multimillion-dollar homes, from a lakefront compound in New Hampshire to a beach house in California, but once rented a U-Haul to move his family’s belongings himself between two of the vacation retreats…