Democratic U.S. presidential candidate Michael Bloomberg addresses a news conference after launching his presidential bid in Norfolk, Virginia, U.S., November 25, 2019. REUTERS/Joshua Roberts
Bloomberg can place his business in a trust, as he did when he was mayor. The current Oval Office occupant put the Trump Organization in a trust and stepped away from overseeing operations. Yet Bloomberg is challenging Trump for “reckless and unethical actions” representing an “existential threat.” Convincing voters that he’s a different kind of billionaire requires taking the higher road.
That limits the universe of potential buyers. Private equity firms could try to emulate Blackstone’s $20 billion purchase of Bloomberg rival Refinitiv from Thomson Reuters, the parent of Breakingviews. They’d need to band together in a so-called “club deal” to raise enough money, which they might be willing to do if it meant owning Wall Street’s elite provider of financial data.
absurdity! 😩
He is not winning .. Soooooo !!!! that does not concerned me .....
Why would he sell? Trump did not. Why would he? He would not even have to have a blind trust. Trump doesn’t. Do really think he would sell? I would not.
Trump
Don't worry about it. He cant beat Trump with Trumpness
He'll keep it. It's the new america.
🖕🏻
Why would he sell? The current 1%er didn't divest, AND has a private propaganda network. Nobody cares. Certainly not the press.
How about Gates?
You put your right foot in...you take your right foot out aaaaand you shake it all about....MCHammer.....CantTouchThis lol lol lol
We’ll never know
Nobody will vote for Bloomberg for fear he will outlaw super size McDonald fries..,
Don't worry about it Reuters... trust me on this.
Blind trust. Duh 🙄
Oh do these laws apply to presidents still after Trump has blatantly flaunted them? Lol Trump is destroying the office among many other things. I want a new government because fuck the presidency and fuck the Supreme Court
He better sell it to someone.
He’s not going to win...We the People will see to that.
WarrenBuffett
Doesn’t he have two sons to run it in an unblind trust?
If he wins would he sell?
He doesn’t need to divest. The Trump Family has proved this. Why is it even a question?
Same people as bought Trump Corp.
Donald Trump and Rudy Guiliani.
No one, he’d just have a friend run it and congress would be cool.
Would not need to sell that's just lefty loon thinking the Socialists who deplore success and want to endorse mediocrity by mandate and maybe mob rule
Any other Jewish billionaire who fancies to be a president ?
Not trump, he can afford one share
No need to divest. Trump doctrine.
Arsenal Wenger
Secret Cell Republican that will take votes from top tier Democratic Candidates Well played Brilliant
He's not going to win . If he spends this money on voter registration and to prevent voter suppression. it will be money will spent
When ice cream starts raining from the sky, what will we do about the lactose intolerant?
If the man wins what? The head of the local Toastmaster's chapter? I think I am polling higher in national polls than he is. FFS, every random rich guy is not going to win the nomination. Exhibit A: Howard Schultz
Who will open a unicorn livery when riding them becomes legal?
Okay, fine. I’ll do it.
Why would he divest? Trump and GOP set a precedent already.
He just put it into a blind trust and let his executives run the show much like trump did trump Enterprise
The same guy who bought Trumps companies.... oh thats right... no one did...
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Breakingviews - 🏆 470. / 51 Read more »