The Many Lives of Michael Bloomberg

Home > Other > The Many Lives of Michael Bloomberg > Page 47
The Many Lives of Michael Bloomberg Page 47

by Eleanor Randolph


  39. Clyde Haberman, “Bloomberg Is Betting on Voters with an Elastic Approach to the Law,” New York Times, October 26, 2009.

  40. Adam Lisberg, “Poll: Mike Bloomberg Leads William Thompson by 15 Points . . . for Now,” New York Daily News, October 30, 2009.

  41. David Seifman, “Three-Peat Mike Vows to Beat Jinx,” New York Post, January 2, 2010.

  42. Kate Taylor and David W. Chen, “Bloomberg Says He’ll Leave de Blasio No Deficit,” New York Times, November 21, 2013.

  43. Ray Kelly, Vigilance: My Life Serving America and Protecting Its Empire City (New York: Hachette, 2015), 2–3.

  44. “Mayor Bloomberg Announces New York City’s Incarceration Rate Hits New All-Time Low” (down 36 percent from 2001–2012), NYC.gov, December 26, 2013.

  45. Eli Epstein, “No Money in a Dirty Kitchen: The Repercussions of NYC’s Restaurant Grading System,” The Atlantic, July 23, 2012, https://www.theatlantic.com/health/archive/2012/07/no-money-in-a-dirty-kitchen-the-repercussions-of-nycs-restaurant-grading-system/260183/.

  46. Patrick Wall, “Bloomberg’s Early School Closures Benefitted Future Students, New Study Finds,” Chalkbeat, November 19, 2015, https://ny.chalkbeat.org/posts/ny/2015/11/19/bloombergs-early-school-closures-benefitted-future-students-new-study-finds/.

  47. Laura Bliss, “New York City Closed 29 High Schools. What Happened to the Students?,” City Lab, November 19, 2015, https://www.citylab.com/equity/2015/11/new-york-city-closed-29-high-schools-what-happened-to-the-students/416778/.

  48. “Mayor Bloomberg Presents Fiscal Year 2014 Executive Budget,” NYC.gov, May 2, 2013, https://www1.nyc.gov/office-of-the-mayor/news/153-13/mayor-bloomberg-presents-fiscal-year-2014-executive-budget#/5.

  49. Kim Velsey, “Among the last Pedestrian Plazas in the Bloomberg Era, Marcy Avenue Plaza Is Unveiled in Brooklyn,” New York Observer, September 11, 2013, https://observer.com/2013/09/among-the-last-pedestrian-plazas-of-the-bloomberg-era-marcy-avenue-plaza-is-unveiled-in-brooklyn/.

  50. “High Line Fact Sheet,” Friends of the High Line, http://files.thehighline.org/pdf/high_line_fact_sheet.pdf.

  51. Charles V. Bagli, “Going Out with Building Boom, Mayor Pushes Billions in Projects,” New York Times, December 16, 2013.

  52. “The Physical City, Building Boom,” Metropolitan, New York Times, August 18, 2013, 6.

  53. Charles V. Bagli, “So Many Seats, So Many Tax Breaks,” New York Times, July 11, 2018; Charles V. Bagli, “As Stadiums Rise, So Do Costs to Taxpayers,” New York Times, November 4, 2008.

  54. Author interviews with officials from Memorial, Bloomberg staff, and Port Authority of New York and New Jersey, 2014, 2015, and 2016.

  55. Michael Barbaro, “Bloomberg States Case, Emphatically and Personally, for Same-Sex Marriage,” New York Times, May 26, 2011.

  56. John del Signore, “Bloomberg Chokes Up During ‘Ground Zero’ Mosque Speech,” Gothamist, August 3, 2010, http://gothamist.com/2010/08/03/bloomberg_chokes_up_during_ground_z.php.

  57. Ben Casselman, Keith Collins, and Karl Russell, “Even Without Amazon, Tech Could Keep Gaining Ground in New York,” New York Times, February 15, 2019.

  58. Kate Taylor, “New York’s Air Is Cleanest in 50 Years, Survey Finds,” New York Times, September 26, 2013.

  59. “Sandy and Its Impacts,” NYC.gov, https://www1.nyc.gov/assets/sirr/downloads/pdf/Ch_1_SandyImpacts_FINAL_singles.pdf.

  60. “NYC Cool Roofs, Annual Review, 2013,” NYC.gov, 2013, http://www.nyc.gov/html/coolroofs/downloads/pdf/annual_report_2013.pdf.

  61. “Mayor Bloomberg Receives Award for Anti-Poverty Efforts,” NYC.gov, November 14, 2013, https://www1.nyc.gov/office-of-the-mayor/news/367-13/mayor-bloomberg-receives-award-anti-poverty-efforts-children-s-aid-society-releases-new/#/0.

  62. Matt Flegenheimer, “After Decades, a Water Tunnel Can Now Serve All of Manhattan,” Alex Prud’homme, October 16, 2013, http://www.alexprudhomme.com/the-ripple-blog/bloomberg-unsexy-water-tunnel-3-open-business-40-years/.

  63. Brendan Cheney, “Bloomberg’s ‘Stop-and-Frisk’ Legacy Would Complicate Presidential Bid,” Politico, November 22, 2018, https://www.politico.com/states/new-york/albany/story/2018/11/22/bloombergs-stop-and-frisk-legacy-would-complicate-presidential-bid-707075.

  64. “State of the Homeless, 2014,” Coalition for the Homeless, March 12, 2014, homelessness,http://www.coalitionforthehomeless.org/wp-content/uploads/2014/04/State-of-the-Homeless-2014-FORMATTED-FINAL.pdf.

  65. McNickle, Bloomberg: A Billionare’s Ambition, 220.

  66. Ibid., 220.

  67. Benjamin Weiser and J. David Goodman, “New York City Housing Authority, Accused of Endangering Residents, Agrees to Oversight,” New York Times, June 11, 2018.

  68. Author interview with Governor Cuomo, 2012.

  69. Benjamin Weiser, “3 Found Guilty in CityTime Corruption Trial,” New York Times, November 23, 2013.

  70. Robin Nagle, Picking Up: On the Streets and Behind the Trucks with the Sanitation Workers of New York City (New York: Farrar, Straus & Giroux, 2013), 206.

  71. Ibid., 181–186, 204–206.

  72. Michael Barbaro et al., “After Three Months, Mayor Replaces School Leader,” New York Times, April 7, 2011.

  73. Michael Barbaro, “As the Clock Ticks Down, Mayor Bloomberg Experiences 12 Years of Gratitude,” New York Times, December 31, 2013.

  CHAPTER 25: BACK TO BUSINESS

  1. Gabriel Sherman, “The Mayor of Mayors,” New York, June 1, 2012, http://nymag.com/news/features/michael-bloomberg-2012-6/.

  2. “Genesis Prize Inaugural Laureate Mike Bloomberg,” YouTube video, published on May 22, 2014, https://www.youtube.com/watch?v=RHQBiD_S4DE.

  3. “12 Years of Mayor Bloomberg,” editorial, New York Times, December 28, 2013.

  4. Citizens Union award brochure, bio of Michael Bloomberg, 2013.

  5. Christina McDonald, “Bloomberg Dines with CHCh Mayor,” New Zealand Herald, January 13, 2014.

  6. “Secretary-General Appoints Michael Bloomberg of United States Special Envoy for Cities and Climate Change,” United Nations, January 31, 2014, https://www.un.org/press/en/2014/sga1453.doc.htm.

  7. Jodi Rudoren, “Bloomberg in Israel, Wins a $1 Million Prize, then Gives It Back,” New York Times, May 22, 2014.

  8. Ibid.

  9. Matt Flegenheimer, “Bloomberg Named an Honorary Knight,” New York Times, October 6, 2014.

  10. Raf Sanchez, “Michael Bloomberg Is Made an Honorary Knight By the Queen,” Telegraph, April 8, 2015, https://www.telegraph.co.uk/news/worldnews/northamerica/usa/11523895/Michael-Bloomberg-is-made-an-honourary-knight-by-the-Queen.html.

  11. Christopher Bucktin, “Michael Bloomberg to be London Mayor? Former New York Mayor Considers Running for Post in ‘Second Home,’ ” Mirror, April 5, 2015, https://www.mirror.co.uk/news/uk-news/michael-bloomberg-london-mayor-former-5464806.

  12. Andrew Ross Sorkin, “Michael Bloomberg to Return to Lead Bloomberg L.P.,” New York Times, September 3, 2014.

  13. Author interview with Norman Pearlstine, October 18, 2017.

  14. Sorkin, “Michael Bloomberg to Return to Lead Bloomberg L.P.”

  15. Author chat with Bloomberg, March 16, 2016.

  16. Ravi Somaiya, “Bloomberg Shakes Up Newsroom Side of His Company,” New York Times, January 25, 2015.

  17. Bloomberg interview with Stuart Eizenstat, Atlanta, July 19, 2016.

  18. Eizenstat interview.

  19. Keith J. Kelly, “Bloomberg Tells Employees How to Wear ID Tags,” New York Post, November 7, 2014.

  20. Author interview with Bloomberg official, background.

  21. Michael Bloomberg with Matthew Winkler, Bloomberg by Bloomberg (New York: John Wiley & Sons, 1997), 145.

  22. Michael Bloomberg, Bloomberg by Bloomberg (1997; Hoboken, NJ: John Wiley & Sons, revised 2019, digital), 54.

  23. Bloomberg comment to author, 2014.

  24. Bloomberg, Bloomberg by Bloomberg (2019), vii.

  25. Ashley Parker, “Covering (and Working for)
Bloomberg,” New York Times, April 20, 2011.

  26. “Billionaires: The Richest People in the World,” Forbes, March 5, 2019, https://www.forbes.com/billionaires/list/#version:static.

  27. Bloomberg, Bloomberg by Bloomberg (2019), 165.

  28. “Bloomberg Launches Financial Services Gender-Equality Index,” Bloomberg LP press announcement, May 3, 2016, https://www.bloomberg.com/company/announcements/bloomberg-launches-financial-services-gender-equality-index/; the Bloomberg Equality Index at https://www.bloomberg.com/gei.

  29. Author talk with Bloomberg aide, 2017.

  30. Author interviews with Andrew Rosenthal, 2014.

  31. Author interviews, Bloomberg employees, 2018, 2019.

  32. Author interview with Goldman Sachs official, 2016.

  33. Matt Twomey, “Bloomberg Appoints Former IBM CEO as Privacy Advisor,” CNBC, May 17, 2013, https://www.cnbc.com/id/100717504.

  34. “Bloomberg Criticized by Bank of England over Data Monitoring,” BBC, May 14, 2013, https://www.bbc.com/news/business-22533109.

  35. Peter Elkind, “The Trouble at Bloomberg,” Fortune, December 5, 2015, http://fortune.com/2013/12/05/the-trouble-at-bloomberg/.

  36. Matthew Winkler, “Holding Ourselves Accountable,” Bloomberg Opinion, May 13, 2013, https://www.bloomberg.com/opinion/articles/2013-05-13/holding-ourselves-accountable.

  37. Elkind, “The Trouble at Bloomberg.”

  38. Edward Wong, “Bloomberg Special Code Keeps Articles from Chinese Eyes,” New York Times, November 28, 2013, https://sinosphere.blogs.nytimes.com/2013/11/28/bloomberg-code-keeps-articles-from-chinese-eyes/.

  39. Ibid.

  40. “Bloomberg Wins George Polk Award for International Reporting,” Bloom-berg LP, February 21, 2012, https://www.bloomberg.com/company/announcements/bloomberg-wins-george-polk-award-for-international-reporting/.

  41. David Barboza, “Billions in Hidden Riches for Family of Chinese Leader,” New York Times, October 25, 2012.

  42. Craig S. Smith, “The New York Times vs. the Great ‘Firewall’ of China,” New York Times, March 31, 2017.

  43. Peter Elkind and Scott Cendrowski “Exclusive: Chinese Authorities Conduct Unannounced ‘Inspections’ of Bloomberg News Bureaus,” CNN Money, December 2, 2013; Dylan Byers, “Report: Chinese Conducted Unanounced ‘Inspections’ of Bloomberg News Bureau,” Politico, December 2, 2013.

  44. Author interviews on background, 2013 and 2015; Ben Duronio, “China Blocks Bloomberg.com for Reporting How Much Next President Xi Jinping Is Worth,” Business Leader, June 29, 2012; Neil Gough and Ravi Somaiya, “Bloomberg Hints at Curb on Articles About China,” New York Times, March 20, 2014.

  45. Author inteviews with former Bloomberg journalist on background, 2015.

  46. Howard W. French, “Bloomberg’s Folly: The Backstory Is About to Be Told,” Columbia Journalism Review, May/June 2014.

  47. Edward Wong, “Bloomberg News is Said to Curb Articles That Might Anger China,” New York Times, November 8, 2013; author interviews with Bloomberg employees and ex-employees on background, 2016 and 2017.

  48. Wong, “Bloomberg News Is Said to Curb Articles That Might Anger China”; author interviews with former Bloomberg employees on background, 2016.

  49. Edward Wong and Christine Haughney, “Bloomberg News Suspends Reporter Whose Article on China Was Not Published,” New York Times, November 17, 2013.

  50. Ibid.

  51. Jim Romenesko, “Ben Richardson Quits Bloomberg News Over Handling of Investigative Piece,” Editor & Publisher, March 24, 2014.

  52. Neil Gough, “Bloomberg Should Have Rethought Articles on China, Chairman Says,” New York Times, March 21, 2014.

  53. Howard French, “Bloomberg’s Folly,” Columbia Journalism Review, May/June 2014, https://archives.cjr.org/feature/bloombergs_folly.php.

  54. Michael Bloomberg interview with Andrew Ross Sorkin, CNBC, May 2, 2014.

  55. Luke O’Brien, “The Mayor vs. the Mogul: Michael Bloomberg’s $9 Billion Identity Crisis,” Politico, July/August 2015, https://www.politico.com/magazine/story/2015/06/mike-bloomberg-mayor-vs-mogul-119111_full.html.

  56. Christine Haughney, “Longtime Chief of Bloomberg News to be Succeeded by the Economist’s Editor,” New York Times, December 9, 2014.

  57. Ravi Somaiya, “Micklethwait’s Balancing Act, After a Year as Bloomberg Editor in Chief,” New York Times, February 14, 2016.

  58. “Is the Economist Left- or Right-Wing?,” The Economist Explains Itself, The Economist, September 3, 2013, https://www.economist.com/the-economist-explains/2013/09/02/is-the-economist-left-or-right-wing.

  59. Joe Pompeo, “At Bloomberg, John Micklethwait Channels an Ancient Ancestor,” Politico, July 10, 2015.

  60. James Warren, “Bloomberg Gets Its First Pulitzer,” Poynter, April 20, 2015, https://www.poynter.org/reporting-editing/2015/bloomberg-gets-its-first-pulitzer/.

  61. O’Brien, “The Mayor vs. the Mogul.”

  62. Dylan Byers, “Can Bloomberg Buy 2016?” Politico, May 5, 2014; Michael Calderone, “Michael Bloomberg Doesn’t Expect Mark Halperin and John Heilemann to Remain After the Election,” Huffington Post, May 6, 2016.

  63. Hadas Gold, “Micklethwait Memo Outlines New Focus for Bloomberg,” Politico, September 1, 2015.

  64. Ibid.

  65. Christine Haughney, “Longtime Chief of Bloomberg News to be succeeded by Economist Editor,” New York Times, December 9, 2014; author interview with Matthew Winkler.

  66. Rachel Au-Yong, “Singapore a Bonsai Tree Model of What China Is: PM,” Straits Times, November 7, 2018, https://www.straitstimes.com/singapore/singapore-a-bonsai-tree-model-of-what-china-is-pm.

  67. Glassdoor.com reviews companies, including Bloomberg LP. They rate CEOs and, in 2018, Bloomberg got a 90 percent approval rating from employees, https://www.glassdoor.com.

  68. Bloomberg, Bloomberg by Bloomberg (2019), 381.

  69. Ibid., 379.

  70. Laura Clarke, “Is Lord Foster’s New Creation the Ultimate Office Building?,” BBC Capital, October 31, 2017, http://www.bbc.com/capital/story/20171031-is-lord-fosters-new-creation-the-ultimate-office-building.

  71. Bloomberg LP press release book published by company at opening of new London office, Bloomberg European Headquarters, October 2017, Trevor Franfield, services engineer, SWECO, quoted on p. 47.

  72. Oliver Wainwright, “Bloomberg Headquarters: A £1 Billion Building That Looks Like a Regional Department Store,” Guardian, October 25, 2017.

  73. Ben Derbyshire, President of the Royal Institute of British Architects, October 10, 2018, https://www.architecture.com/knowledge-and-resources/knowledge-landing-page/bloombergs-european-hq-named-uks-best-new-building.

  74. Graham Ruddick, “Michael Bloomberg: Brexit Is the Stupidest Thing Any Country Has Done Besides Trump,” Guardian, October 24, 2017; Silvia Amaro, “Michael Bloomberg Says Brexit Is ‘Single Stupidest Thing’ a Country Has Ever Done . . . Besides Trump,” CNBC, October 25, 2017.

  75. Michael M. Grynbaum, “Former Mayor Bloomberg Buys London Mansion for $25 Million,” New York Times, July 27, 2015.

  76. Barb Darrow, “Michael Bloomberg on Trump, Brexit, and Climate Change,” Fortune, October 13, 2017.

  CHAPTER 26: MOVING TARGETS NOT SITTING DUCKS

  1. Julia Kollewe and Graham Wearden, “Bloomberg IT Meltdown Leaves Financial World in the Dark,” Guardian, April 17, 2015, https://www.theguardian.com/business/2015/apr/17/uk-halts-bond-sale-bloomberg-terminals-crash-worldwide.

  2. Nathanial Popper and Neil Gough, “Bloomerg Terminals Suffer Widespread Failure,” New York Times, April 17, 2015; Associated Press, “Bloomberg Says ‘Internal Network Issue’ Likely Cause of Big Outage of Its Trading Terminals,” April 17, 2015.

  3. Philip Stafford, Robert Cookson, and Patrick McGee, “Bloomberg Global Outage Paralyses Investors,” Financial Times, April 17, 2015.

  4. Aaron Timms, “The Race to Topple Bloomberg,” Institutional Investor, January 30, 2014.

  5. Michael Bloomberg, Bloo
mberg by Bloomberg, updated (1997; Hoboken, NJ: John Wiley & Sons, 2019, digital), 286.

  6. Justin Baer, “Goldman-Led Group of Firms Buys Perzo to Form Instant-Messaging Company,” Wall Street Journal, October 1, 2014.

  7. Oliver Staley, “To Beat Bloomberg, Symphony Is Letting Banks’ Bots Talk with Each Other,” Quartz, October 19, 2018.

  8. Ibid.

  9. Matt Scuffham, “Thomson Reuters Closes Deal with Blackstone,” Reuters Business News, October 1, 2018, https://www.reuters.com/article/us-thomsonreuters-m-a-blackstone/thomson-reuters-closes-deal-with-blackstone-idUSKCN1MB3PY.

  10. Stephen Schwarzman: $13.2 billion net worth as of January 20, 2019, Forbes List, number 34.

  11. Author interview with Douglas B. Taylor, managing director of Burton-Taylor, International Consulting, a division of TP-ICAP, January 28, 2019.

  12. Eric Huffman, “Best Alternatives to Bloomberg Terminal,” Benzinga, December 11, 2018.

  13. Kevin Dugan, “Money.net Now Has More Than 80,000 Subscribers,” New York Post, November 30, 2017.

  14. Ibid., author interview with Douglas B. Taylor.

  15. Conversation: Stuart Eizenstat and Michael Bloomberg, Ahavath Achim Synagogue, Atlanta, July 19, 2016. Eizenstat Family Memorial Lecture Series.Transcript provided by Bloomberg Philanthropies.

  16. Author interview, Michael Bloomberg, August 16, 2018.

  17. Bloomberg, Bloomberg by Bloomberg (2019), 162.

  18. Ibid., 143.

  CHAPTER 27: GIVING BACK

  1. Michael Bloomberg interviewed by Steve Kroft, 60 Minutes, CBS, April 27, 2017.

  2. “Special Report: Bezoses and Bloomberg Top Chronicle List of 50 Donors Who Gave the Most to Charity,” Chronicle of Philanthropy, February 19, 2019.

  3. Michael Bloomberg statement on why he has signed on to “The Giving Pledge,” https://givingpledge.org/.

  4. Alex Eichler, “Buffett and Gates: Billionaires, Give Away Half Your Money! Billionaires—Uh, All Right,” The Atlantic, June 20, 2010, https://www.theatlantic.com/business/archive/2010/06/buffett-and-gates-billionaires-give-away-half-your-money/345144/.

  5. Author interview with Wayne Barrett, January 9, 2015.

  6. Author interview with former city official, 2015.

 

‹ Prev