Mayor Michael Bloomberg

by Amy Michelle Smith Photographed by Mayor Michael Bloomberg== 2009 Annual EMERY Awards Benefiting The 30th Anniversary of The HETRICK-MARTIN Institute Sponsored by MACYS, LEVI'S and Ralph Lauren== Cipriani Wall Street, NYC== November 10, 2009== ©Patrick McMullan== Photo-Patrick McMullan/PatrickMcMullan.com== ==
Monday, June 20, 2011

The three-term mayor deserves some respect for the fact that New York has weathered the recession better than the rest of the country, and agree or disagree, he took a strong stand on the controversial proposed mosque downtown. Born on February 14, 1942 in Boston, Bloomberg was raised by middle-class parents, who valued hard work and civic responsibility, in Medford, Massachusetts. He attended Johns Hopkins University and, during this time, worked as a parking lot attendant during the summer to help pay off his loans. Succeeding John Hopkins, Bloomberg attended Harvard Business School, graduating with an MBA. In 1966 he was hired by Salomon Brothers to work on Wall Street. No stranger to hard work, Bloomberg oversaw equity trading and sales, quickly rising through the firm’s information systems, becoming partner in 1972. Salomon was bought in 1981 and, to much disappointment, Bloomberg was let go from the company. However, with a window into how technology could create competitive advantage and a vision of a company that would bring transparency, efficiency and emerging technology to buyers and sellers of financial securities, the dawn of a new company surfaced, Bloomberg LP. Today, employing over 11 thousand people, the company, headquartered in New York City, flourishes by serving over 160 countries and has 285 thousand subscribers, making this mayor a billionaire. Seeing his company grow, Bloomberg began to donate more of his time to other causes. Involved in a number of different types of boards, one of his more famous contributions as the chairmen of the John Hopkins University board, is aiding in the construction of the Bloomberg School of Public Health. Officially entering in the running of Mayor of New York City in 2001, Bloomberg than became the 108th mayor of the city, elected just two months after the 9/11 attacks. Since his election, the father of two daughters, Emma and Georgina, has worked to cut crime, which he did in his first term by 20-percent, create jobs, raise school standards and support small businesses, amongst his many other goals. Now serving his third term, of which are notoriously difficult, Bloomberg has had to replace two of his closest aides, Kevin Sheekey and Ed Skyler. But it seems the billionaire businessman, New York’s second wealthiest according to “The Forbes 400,” has not lost his taste for public service. Is he a 2012 presidential run in the offing?


Modern Manners: Accidents Will Happen

An unintentional cartoon from Anthony Haden-Guest


A Miracle on Madison

Madison Avenue retailers rolled out the red carpet


Chad Leat’s Life Well-lived

Talking with the Parrish's honoree