Michael Bloomberg Leans Left With Plan to Rein In Wall St.

By artappraiser on Wed, 02/19/2020 - 1:37am |

Michael Bloomberg announced an ambitious financial policy plan that includes imposing a tax on financial transactions and toughening restrictions on risky banking practices — cracking down on the industry where he made his fortune. https://t.co/OTCBvHsy4z
— NYT Business (@nytimesbusiness) February 19, 2020

URL:

https://www.nytimes.com/2020/02/18/business/dealbook/michael-bloomberg-wall-street.html

2672 reads

Comments

"Bloomberg would put Bloomberg LP into a blind trust, and the trustee would then sell the company, adviser Tim O’Brien said. Proceeds from the sale would go to Bloomberg Philanthropies" via @kroyane https://t.co/7glfOr88rv
— Michael Tackett (@tackettdc) February 18, 2020

by artappraiser on Wed, 02/19/2020 - 1:41am

Because blind trusts have worked so well with Trump - we act blind and trust him to do what's right?

by PeraclesPlease on Wed, 02/19/2020 - 1:48am

If @MikeBloomberg's spending in 2018 concerns you, just wait until you hear about the top individual campaign donor of 2018 https://t.co/OaGN6oMEyL pic.twitter.com/X4iZHmgocU
— Andrew Solender (@AndrewSolender) February 17, 2020

by PeraclesPlease on Fri, 02/21/2020 - 1:00am

It's a bogus argument. We can decry the role of money but not advocate unilateral disarmament.

by ocean-kat on Fri, 02/21/2020 - 1:18am

It wasn't an "argument" - it was a relevant observation. Make of the data point what you will, what strategies or policies long- or short-term it should influence and how.

by PeraclesPlease on Fri, 02/21/2020 - 3:03am

Michael Bloomberg Leans Left With Plan to Rein In Wall St.

Comments

Sections

Bloggers