Private-equity nabobs bristle at being dubbed mere financiers.[…]Much of their pleading is public-relations bluster. Clever financial ploys are what have made billionaires of the industry’s veterans. “Operational improvement” in a portfolio company has often meant little more than promising colossal bonuses to sitting chief executives if they meet ambitious growth targets. That model is still prevalent today.

From the mate’s boat they removed, at his direction, all whaling gear and craft except the oars and a single lance.

With skill-based matchmaking, he wrote, you have to sweat 100 percent of the time. They contend their audiences want to see them pull off amazing victories, not struggle endlessly against other top players.

How is this high school faculty fulfilling its responsibility to the institution and the public in regard to pupils' decorum in corridors, auditoriums, cafeterias, study halls, libraries, toilet rooms, and other non-classrooms […]