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Mike Bloomberg Would Love To Have A Financial Advisor Who’s Been Banned From The Securities Industry

Because Mike Bloomberg believes in a little something called loyalty.

Mayor Michael Bloomberg would keep his Steven Rattner as a personal financial adviser, in spite of a deal that the Wall Street financier has been negotiating with the Securities and Exchange Commission that could ban him from the securities industry for as many as two years. Speaking at news conference Thursday morning, Mr. Bloomberg said: “Steve Rattner’s my friend. Of course, I’d keep him on. Why would you not? If he can do anything to help, I value his advice and he’s a close friend of mine. And you stick by your friends.”

NYC’s Bloomberg Would Keep Rattner As Personal Financial Adviser [WSJ, not online yet]

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45 Responses to “Mike Bloomberg Would Love To Have A Financial Advisor Who’s Been Banned From The Securities Industry”

  1. BillyBuck says:

    Loyal?? He grew up outside of Boston and “became” a Yankee fan to appease the NYC voter base…. phony baloney.

    • Anonymous says:

      True he grew up outside Boston but he’s been here since the ’70s so it’s not like he’s a carpetbagger. Hilary “I was always a Yankees fan despite that Cubs hat I was wearing last year” Clinton, on the other hand…

    • Scott Norewood says:

      Billy! We should get together for dinner. I’m living in a tent in Nome, are you still over Anchorage-way?

  2. HelpDesk says:

    Type Chooch! and you can watch the movie at your desk.

  3. PedroM says:

    They are all the same…

  4. Pfluger the Barbarian says:

    My favorite little vignette about Emperor Bloomberg, the self-proclaimed fiscal “genius”, happened in 2008 when he gave the PBA a fat salary increase (4% increases per year, for four straight years), just as it was becoming apparent that we were headed for a recession.

    And then, a few months later, he tried (unsucessfully) to reneg on the property tax rebates he put into his own budget, stating in the newspapers “We don’t have the money.”

    Some genius.

  5. F Aaron Boone says:

    Obviously you don’t understand what it means to be a RedSox fan.

  6. indridcold says:

    man, sec probes are the minimum requirements of a quality fund manager. wake me up when they find him climbing out of a shallow grave in guatemala after faking his death and being reported missing by his half centaur half unicorn secret lover.

  7. indridcold says:

    man, sec probes are the minimum requirements of a quality fund manager. wake me up when they find him climbing out of a shallow grave in guatemala after faking his death and being reported missing by his half centaur half unicorn secret lover.

  8. Bucky F Dent says:

    Shut up.

  9. Anti DB says:

    I respect stand up guys that stand by there SEC banned advisor
    Bernie

  10. 'Stros fan says:

    assholes?

  11. Chooch says:

    I see rat in Rattner.

  12. Seaman Bodine says:

    These two twerps deserve each other.

  13. Peter Race says:

    Regardless of what team he ultimately roots for (I should hope that he keeps loyal to the team from the city he administers) he does show character by sticking with his Financial Advisor friend. Of course it depends on why exactly he got banned. The devil is always in the details

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