Media speculate over possible presidential bid by Michael Bloomberg
Wednesday, May 16, 2007
However, Mayor Bloomberg yesterday made light of Senator Chuck Hagel's suggestion that Bloomberg could run as an independent with Hagel as running mate. Bloomberg has so far denied that he is running but has not ruled out the possibility either.
Media reports speculate that Bloomberg is considering a run if the Democratic and Republican nominees cater more to the parties' bases, leaving room for an independent candidate who can attract moderate voters for both camps.
TIME magazine reports that Bloomberg was at first ready to consider spending US$500 million for a presidential run.
Michael Bloomberg could have more money than either party candidates, former FEC chairman Michael E. Toner told the Times. Those funds would come in handy to mobilize the thousands of petitions needed to qualify for a run in some states.
The Washington Times also has reports of a Bloomberg adviser saying some people involved with John McCain's Presidential Campaign are prepared to leave and join Bloomberg's campaign if he does indeed run.
Bloomberg's advisers have also said that they have been studying and learning from Ross Perot's Presidential campaign in 1992. They have called and talked with Perot's former advisers and campaign workers to learn from their mistakes and experience.
Bloomberg made his fortune with his company Bloomberg L.P., a financial news and data company. Forbes magazine ranked him 44th on a list of wealthiest Americans and 142nd on a list of billionaires worldwide. His net worth is estimated at US$5.5 billion.
- Ralph Z. Hallow. "Bloomberg poised for third-party campaign" — , May 15, 2007
- Michael Gormley, AP. "Bloomberg Again Nixes Presidential Run" — , May 14, 2007
- James Carney. "Will Bloomberg Run for President?" — , May 14, 2007