Mayor Warns of the Pitfalls in Social MediaThose elections are so annoying for philosopher kings like Mike Bloomberg. Also, Bloomberg stood up for poor, abused Goldman Sachs.
“We are basically having a referendum on every single thing that we do every day,” he said. “And it’s very hard for people to stand up to that and say, ‘No, no, this is what we’re going to do,’ when there’s constant criticism, and an election process that you have to look forward to and face periodically.”
Mayor Bloomberg, who didn’t throw his support behind the Occupy Wall Street protesters last year, visited Goldman’s headquarters to give the firm a pat on the back after Smith’s manifesto hit.
“The mayor stopped by to make clear that the company is a vital part the city’s economy, and the kind of unfair attacks that we’re seeing can eventually hurt all New Yorkers,” Stu Loeser, a spokesman for hizzoner, pointed out.
As Jon Friedman points out, Goldman might be good for the New york economy, but it is very, very good for Bloomberg's private fortune:
Loeser failed to mention that Goldman is a prominent part of the financial community which pays dearly to use the trademark Bloomberg terminals. These are coveted machines which offer finance-industry professionals and others a dizzying array of data and information about all kinds of financial instruments.
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