Bloomberg

Meredith Whitney: Banks 'Grossly Overvalued,' Wall St. Should Have Its Own Compass

Posted 11.20.2009 | Business


Wall Street analyst Meredith Whitney appeared on Bloomberg Radio this morning to respond to comments made by John Mack, the CEO of Morgan Stanley, tha...

John Mack, Morgan Stanley CEO: I Love Regulators! (VIDEO)

Posted 11.19.2009 | Business


Morgan Stanley CEO John Mack appears to have no problem financial regulators. In fact, Mack, speaking at a financial journalist panel held by Bloomber...

Bloomberg III Opens With Armory Battle

Jarrett Murphy | Posted 11.19.2009 | New York


Jarrett Murphy

The fight over living wages at the Kingsbridge Armory has become a linchpin for the living wage movement and an important test just weeks after Bloomberg won re-election by a thin margin.

Morgan Stanley CEO Calls for More Regulation of Wall Street at Vanity Fair-Bloomberg Event

Katya Wachtel | Posted 11.19.2009 | Business


Katya Wachtel

Morgan Stanley CEO John Mack was cheekily ambushed by Bloomberg's Margaret Brennan Wednesday night.

Bloomberg Announces Massive Budget Cuts

nypost.com | Posted 11.17.2009 | New York


In one of the steepest budget cuts he's ordered in recent years, Mayor Bloomberg yesterday demanded spending slashes of 4 percent in fiscal year 2010 ...

What We're Not Saying: Why I Miss Eliot Spitzer

Will Schwartz | Posted 11.16.2009 | New York


Will Schwartz

We were perversely short-sighted with the way we handled Eliot Spitzer. We prioritized our blood lust for personal justice over our desire for effective public policy.

How Budget Cuts at the Times Helped Give NYC Bloomberg III

Steven G. Brant | Posted 11.16.2009 | New York


Steven G. Brant

Why weren't Bloomberg's well-known plans for global business news domination a bigger issue in the recent mayoral race? There was a failure of reporting at the Times caused by budget cuts.

New Coney Island Coming To Brooklyn After $100 Million Land Deal

AP | MARCUS FRANKLIN | Posted 11.13.2009 | New York


NEW YORK — The historic and mostly dormant Coney Island amusement park district in New York City will be revived by next summer with some new at...

Hong Kong Is New Target of U.S. Crackdown On Global Tax Evasion

bloomberg.com | David Voreacos, Carlyn Kolker and Alan Katz | Posted 11.12.2009 | World


Hong Kong is a new target of U.S. prosecutors pursuing a global campaign against evaders of federal taxes, spurred by data acquired in their crackdown...

Our Public Advocate's Public A**-Kissing and Other Tales of Disappoinment

Will Schwartz | Posted 11.09.2009 | New York


Will Schwartz

Within hours of winning their elections, Bill De Blasio, our future public advocate, and John Liu, our comptroller-elect, each demonstrated their own distinct styles of ineptitude.

Mayor Bloomberg's Online Ad Blitz: The Final Tally

techPresident | Posted 11.06.2009 | Technology


Indeed, spending records from the New York City Campaign Finance Board show that Bloomberg handed over more than two million dollars to Connections Me...

John Reed, Former Citigroup CEO, APOLOGIZES For Creating Monster Of A Bank

The Huffington Post | Ryan McCarthy | Posted 11.09.2009 | Business


It may be the most direct apology of the financial crisis. Former Citigroup chairman and CEO, John Reed, has apologized to a Bloomberg reporter fo...

Bloomberg Considers Charging $1,000/Year For Parts Of Site

Business Insider | Jay Yarow|Nov. 4, 2009, 9:22 AM |1 | Posted 11.04.2009 | Media


Bloomberg LP is mulling plans to charge for access to parts of its website, as well as parts of newly acquired BusinessWeek's website. Bloomberg is...

Bloomberlusconi Wins in New York!

Tony Hendra | Posted 11.04.2009 | New York


Tony Hendra

Flouting the law, sneering at democracy, bachelor-at-large Michele Bloomberlusconi triumphed yesterday in his flagrant third-time purchase of the top spot in the supposedly smartest city in the world.

Freelancers Hit With New Tax After Reprieve

Village Voice | Camille Dodero | Posted 10.30.2009 | New York


Last week the Freelancer's Union sent an email encouraging its 75,000 members to go out and stump for Michael Bloomberg's reelection campaign. "Will y...

The New York Times and Bloomberg Act as Stenographers for MSNBC on Anti-CNN Coverage

Charles Warner | Posted 10.29.2009 | Media


Charles Warner

Neither of two news stories made the connection between CNN's rating declines and the drastic change in its position on Time Warner Cable in New York, where 10 percent of America's televisions are.

The Full Story of How Tim Geithner Secretly Bailed Out Wall Street at Your Expense

Henry Blodget | Posted 10.28.2009 | Business


Henry Blodget

One of AIG's goals last fall was to persuade the counterparties to the credit default swaps it had written to accept buyouts as low as 40 cents on the dollar. Then Tim Geithner, head of the New York Fed, stepped in.

Bloomberg Sets Record For Personal Spending In Pursuit Of Public Office

nytimes.com | MICHAEL BARBARO and DAVID W. CHEN | Posted 10.24.2009 | New York


Michael R. Bloomberg, the Wall Street mogul whose fortune catapulted him into New York's City Hall, has set another staggering financial record: He ha...

Designers Rally To Save NYC Garment District

Huffington Post | Mallika Rao | Posted 10.23.2009 | New York


Hundreds gathered on Wednesday in the heart of New York City's garment district to sway city officials against a decision that may push out the strugg...

Tens of People Breathing Easier on Atlantic Yards Issue

Matt Rodigheri | Posted 10.19.2009 | New York


Matt Rodigheri

A slideshow from the Saturday March by Develop, Don't Destroy Brooklyn.

Norm Pearlstine On BusinessWeek Purchase: "I Didn't Say The Magazine Has To Be Profitable"

The Wrap | Sharon Waxman | Posted 10.19.2009 | Media


I didn't say the magazine has to be profitable. What we've said is we have to run BusinessWeek as a business. But within the world of Bloomberg, there...

BusinessWeek and Bloomberg: Congrats to the Happy Couple!

Fortune's Stanley Bing | Posted 10.15.2009 | Business


<i>Fortune</i>'s Stanley Bing

It turns out that fewer magazines folded in 2009 than in the two years prior. While USA Today is way down right now, the Wall Street Journal has crept up to take its place.

Bloomberg LP Acquires BusinessWeek

Posted 10.13.2009 | Media


Bloomberg LP has agreed to acquire BusinessWeek from McGraw-Hill, the company announced Tuesday. The terms of the sale were not disclosed, though Bus...

National Democrats Aren't Aiding William Thompson Jr. In Mayoral Race Against Bloomberg

AP | SARA KUGLER | Posted 10.09.2009 | New York


NEW YORK — A Democrat is struggling to unseat the mayor of the nation's largest city, but top party leaders are staying on the sidelines. The D...

Gun Show Loopholes Tracked By New York City; Dealers Allowed Purchase To Undercover Gun Buyers Who Admitted Spotty Records

The Associated Press | Sara Kugler | Posted 10.07.2009 | New York


NEW YORK (AP)-- New York City officials secretly videotaped dozens of firearm purchases they say were illegal at gun shows in states that have not clo...