Tag Archives: Bloomberg LP

Michael Bloomberg told “raunchy” jokes about women & told employee to abort her baby

From Daily Mail: He is the former mayor of New York City and a billionaire who considered running for president against Donald Trump.

But when it comes to his treatment of women, Michael Bloomberg has a far less admirable history, a new biography claims.

Bloomberg was once accused of telling a female employee to ‘kill it’ when she revealed she was pregnant, journalist Eleanor Randolph claims in a new biography, which also details sexist jokes and sayings which were so prolific, a joke compendium of them was passed around his employees.

In The Many Lives of Michael Bloomberg: Innovation, Money, and Politics, released on September 10, she says he once joked that he preferred working 14-hour days than staying home and talking to his longtime partner Diana Taylor about ‘feelings’.

Staff at his financial information company Bloomberg LP even compiled a book of Bloombergian ‘wisdom’, which included the line: ‘If women wanted to be appreciated for their brains, they’d go to the library instead of to Bloomingdale’s’, the upscale department store.

Randolph writes that Bloomberg, 77, called his jokes ‘Borscht Belt standbys’ and his aides dismissed them as ‘blunders’.

They appear to have made little difference to him accumulating a fortune valued by Forbes at $55.2 billion, making him the ninth richest person in the world.In a statement to DailyMail.com, a Bloomberg spokesperson said: ‘People should buy the book and read it for themselves to see why historian Doris Kearns Goodwin calls it a “first rate study of leadership in business, politics and philanthropy.”‘

‘As stated in the book, these charges were either denied or dismissed many years ago,’ the spokesperson added.

Bloomberg himself is so keen on the book, he is sending it to friends, urging them to read it, Axios reported Tuesday.

Bloomberg was initially best known for the Bloomberg Terminal software for traders which revolutionized Wall Street by giving users much faster information – the annual subscription is now $24,000 a year per unit.

Bloomberg LP has expanded to include a news wire service, a TV channel and a philanthropic arm which has so far given away more than $8billion of his fortune.

Since then Bloomberg has become New York mayor, overturned the city’s term limits law to hold the post for a third term, switched from Republican to Democrat, considered and ruled out running for the presidency more than once, and become his adopted party’s biggest single donor with $120million in cash – as well as the country’s biggest single funder of anti-gun campaigns.

He has collected homes in New York City, Westchester County, the Hamptons, London and the Bahamas, amassed an assortment of private jets and helicopters, and an honorary knighthood from Queen Elizabeth.

He opposed Donald Trump’s 2016 election but still found time to call him and offer blunt advice when he won.

Read the whole story here.

DCG

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