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11 Sep 2011 10:12


World: Bloomberg, Obama, Bush reflect during September 11 memorial

  • Ten years have passed since a perfect blue sky morning turned into the blackest of nights. Since then, we have lived in sunshine, and in shadow. And although we can never ‘unsee’ what happened here … we can also see that children who lost their parents have grown into young adults, grandchildren have been born, and good works and public service have taken root to honor those we loved and lost.
  • New York City Mayor Michael Bloomberg • Reflecting on the lives lost on Sept. 11, 2001 during this morning’s memorial at Ground Zero. Obama and George W. Bush — the two presidents whose legacies were most affected by the events of the day — also reflected on the moment in their own ways. Obama read Psalm 46 from the Bible, while Bush read a letter that Abraham Lincoln sent to a mother who lost five sons in the Civil War. A reflective morning, with equally reflective words.  source

30 Aug 2010 09:10


Biz: BP partly pins oil spill blame on engineers who can’t read

  • Apparently, they misread an April 20 report on the well. Remember this thing and how it used to be in the news every day? Yeah. Anyway, Bloomberg’s reporting that, according to a BP internal investigation, managers on the rig misread a report saying that pressure levels were very high, leading to the Deepwater Horizon’s destruction. Attorneys for BP have also worked on sullying the names of Transocean and Haliburton, which thus far haven’t stuck. source

15 Nov 2009 11:07


Biz: Bloomberg has a ton of journalists under its belt already

  • 2,200 journalists work for Bloomberg, which was founded by NYC mayor Michael Bloomberg
  • 1,900 journalists work at the Wall Street Journal; 1,200 work at the New York Times source

15 Nov 2009 11:04


Biz: In a position of strength, Bloomberg grabs for the brass ring

  • We need a broader audience. The history of this company is you do the counterintuitive, countercyclical thing. It’s part of our DNA.
  • Bloomberg president Daniel L. Doctoroff • On his company’s desire to expand into a more general-interest news source. The company is in a good spot to do so. Largely built on business and financial data rather than newspaper subscriptions, it just bought troubled magazine BusinessWeek for the bargain-basement price of $5 million and has a ton of money to throw around. You know, just like founder Michael Bloomberg did when he spent millions of dollars on his recent mayoral campaign even though he didn’t need to. • source