Mike Bloomberg: Money, Power, Politics

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Mike Bloomberg: Money, Power, Politics Pub. Date: 9/22/2009 Publisher: PublicAffairs

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Overview

Mike Bloomberg is no stranger to success. He is the billionaire founder of the media giant Bloomberg LP, one of the leading financial information sources in the world, and is, after famously challenging the term limits of city law, the fourth mayor in New York City's history to serve a third term. His business acumen and political prowess have allowed him to chart his own career paths as a media mogul, politician, and philanthropist. He has managed to navigate the political high seas, oversee a financial enterprise that boasts over 280,000 subscribes and 11,000 employees worldwide, and establish himself as one of the world's leading philanthropists, all while keeping the public at bay by sternly policing the line between his public and private lives.

In this brilliant biography, former New York Times columnist and editor Joyce Purnick reveals the man behind the Bloomberg phenomenon. She follows him from his childhood in a Boston suburb to Wall, examines his career as New York's wealthiest man and, finally, illuminates his improbable emergence as a three-term mayor of New York.

Editorial Reviews

George Anders

Purnick's reporting…is detailed and delightful.
—The New York Times

Kirkus Reviews

Generally admiring biography of the New York politician whom many have criticized but few have outflanked. Former New York Times columnist Purnick has been on the mayoral beat for years. Her study of Michael Bloomberg, the billionaire mayor, takes a heavy human-interest approach, more befitting a magazine piece than the front page. We learn that Bloomberg, in the manner of Elvis, is fond of peanut butter and burnt bacon, and that his style of managing "takes self-control, coolness, a refusal to indulge emotions or denounce the obstacles, and no vindictiveness or grudge-holding." Those are good traits for a politico to have, to be sure-even one who spent $100, by Purnick's reckoning, for every vote he won in the second-term 2005 race, and who revels in "racist, sexist and homophobic jokes" that would normally put an end to a political career backed by shallower pockets. The author does a solid job contrasting Bloomberg's style with predecessor Rudy Giuliani's. "Avuncular he is not," Purnick avers, but Bloomberg gets things done, including carefully lobbying for a suspension of the term-limits rule to bag himself a third tour of the mayor's office. The author's careful account of that victory-a worthy case study for anyone seeking ways to game a system designed to protect voters from anti-democratic dynasties-is worth the price of the book. A touch too uncritical for readers brought up on hardnosed journalistic takes on politicians, but of interest to students of Gotham politics. Agent: Jane Gelfman/Gelfman Schneider Literary Agents

Product Details

ISBN-13: 9781586488994
Publisher: PublicAffairs
Publication date: 9/28/2010
Pages: 272
Sales rank: 395,839
Product dimensions: 6.94 (w) x 11.34 (h) x 0.75 (d)

Meet the Author

Joyce Purnick, a veteran New York reporter and editor, wrote the award-winning "Metro Matters” column at the New York Times for ten years. She joined the paper in 1979 after writing at the New York Post and New York magazine, becoming the first woman to head its City Hall bureau and entire Metro department. She has, so far, covered six mayors of New York. Ms. Purnick, a Barnard College graduate, lives in Manhattan.

1 Never Enough 1

2 Escape from Medford 7

3 First Millions 25

4 Terminal Man 39

5 Crashing the A-list 55

6 Enter the High Roller 73

7 Tragedy Trumps Politics 91

8 Money, Money on the Wall 105

9 Managing City Hall 121

10 Olympian Dreams 137

11 Yes for Mayor, Not for Dinner 153

12 See Mike Not Run 163

13 Finding Act III 175

14 Money Money from City Hall 191

15 Footprints 203

16 Many a Difference 219

Acknowledgments 229

A Note about Attribution 233

Index 235

Customer Reviews

Average Rating 4

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Anonymous

Posted March 12, 2010

Quick read, fairly objective

I'm about 2/3 of the way through and it has been a quick read so far. I like that the author is fairly objective. It's fairly well researched with key interviews. My only gripe is that I would've liked the author to elaborate more on how he started up his company. She covers the basics, seed $, etc. But I wanted to know more about what obstacles he faced, how did he personally fare selling the Bloomberg, etc. Given that most people are fascinated by his wealth, it would only make sense to spend some more time discussing his experience growing the company.

All in all, a good read though. I'd recommend it.
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