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Thursday
Sep022010

NY Mayor Bloomberg Floated As Geithner Replacement

The New York Post reports this morning that the White House is considering billionaire New York Mayor Michael Bloomberg for Tim Geithner's spot as Treasury Secretary when Geithner leaves for Goldman Sachs in November, after Obama has his ass handed to him in the mid-term elections. 

Actually, that was just my prediction.  The Post story claims that Obama is considering sacking Geithner before Novemeber, in a last-ditch effort to sway voters before Obama has his ass handed to him in the mid-term elections.

##

 

Is Mayor Bloomberg being wooed to join the Obama administration?

Asked about last weekend's four-hour golf game with President Obama on Martha's Vineyard, Bloomberg told reporters yesterday, "The economy was the main subject, other than discussing golf."

Now there are whispers that the president went even further and sounded out Bloomberg about whether he would join his foundering economic team as treasury secretary, replacing prime blame-target Timothy Geithner.

"Obama needs Bloomberg more than Bloomberg needs Obama," a source tells us. "Obama's looking to do something bold and credible before the election."

Insiders say multibillionaire Bloomberg, who was on the short list for the gig in 2008, has the star power and credibililty to help Obama. "It's been the focus of a lot of discussion," said one Democrat. "He's very well-liked and well-respected on Wall Street."

Because Bloomberg has lately been giving speeches on national issues in key states such as Iowa and New Hampshire -- and behaving like a possible independent presidential candidate for 2012 -- Obama has even more reason to bring him into the fold.

"Bloomberg would absolutely devastate Obama in states like Florida and New York," said our Dem. "Bloomberg couldn't win, but he could definitely elect a Republican president" by siphoning votes from Obama.

Even more, a move to Washington would be a package deal for the mayor. His girlfriend, Diana Taylor, a former New York state banking superintendent, has been eyeing the Federal Deposit Insurance Corp. chair since 2006, when it was rumored that the National Rifle Association scuttled her chances because of Bloomberg's anti-gun stance. Current FDIC chair Sheila Bair's term will be up next year.

"It's the proverbial cherry on the sundae," a source says. "It's all kind of pieced together." Reps for the White House and City Hall denied any job discussions.

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Reader Comments (15)

Sep 2, 2010 at 12:53 PM | Registered CommenterDailyBail
Sep 2, 2010 at 12:53 PM | Registered CommenterDailyBail
http://sportsillustrated.cnn.com/2010/mma/boxing/07/28/tyson.interview/index.html

Tyson reflects on sex, drugs, spirituality

The former undisputed heavyweight champion of the world looks back on a long, strange trip
Sep 2, 2010 at 12:54 PM | Registered CommenterDailyBail
Sarah Palin’s Shopping Spree: Yes, There’s More...

Campaign documents and e-mails reveal the fine print.

http://www.vanityfair.com/politics/features/2010/10/sarah-palin-spending-201010
Sep 2, 2010 at 12:55 PM | Registered CommenterDailyBail
Trouble at Citigroup Inc. never sleeps.

After a relatively quiet summer, Citigroup is back in the news over its decision to ban banking analyst Michael Mayo.

Mr. Mayo was frozen out late last month after he basically accused Citigroup of using deferred tax assets in violation of accounting rules. The upshot of Mr. Mayo's complaint is that the use of these tax assets are boosting the bank's net income, potentially making Citi seem profitable when it may not be.

http://online.wsj.com/article/SB10001424052748703882304575465801101965176.html?mod=googlenews_wsj

Great story on Citi and Pandit...
Sep 2, 2010 at 12:57 PM | Registered CommenterDailyBail
Sep 2, 2010 at 12:57 PM | Registered CommenterDailyBail
Factory Order Growth Slides To 0.1% In July

Read more: http://www.businessinsider.com/july-factory-orders-2010-9#ixzz0yONl4T29
Sep 2, 2010 at 12:58 PM | Registered CommenterDailyBail
Bloomberg apparently has the whole "Citizen Michael" thing down cold, and wants to build a Shari'a Dawa atop the ashes of radical Islam's conquest over America's twin monuments to Capitalism ... but he'd have to be a confirmed tax cheat, a former Goldman executive or a former NYFR president, and a trilateral to even qualify.

If he also turns out to be bisexual, a 911 truther, pro-Hammas, owes Wall Street a LOT of favors, AND checks the box next to Keynes on the World's Greatest Economists quiz, he's a shoe-in.
Sep 2, 2010 at 2:34 PM | Unregistered CommenterWil Martindale
I hope this is a joke!!! If anything he wants Obama's job and he is no Rudy.
Sep 2, 2010 at 3:09 PM | Unregistered CommenterZ
Are you serious? Geithner now gets to go to Goldman Sachs for his payoff. America is so rigged.
Sep 3, 2010 at 12:07 AM | Unregistered CommenterNevervotesrepublican
I don't see how kicking Geithner to the curb helps Obama one bit. He hand-picked Turbo to do Wall Street's bidding.

Blaming Geithner is like blaming the pick-pocket monkey when you get robbed.
Sep 3, 2010 at 12:32 AM | Unregistered Commentermark mchugh
>> The New York Post reports this morning that the White House is considering billionaire New York Mayor Michael Bloomberg for Tim Geithner's spot as Treasury Secretary when Geithner leaves for Goldman Sachs in November, after Obama has his ass handed to him in the mid-term elections.

Ha!
Sep 3, 2010 at 3:56 PM | Unregistered Commenterthesilentcritic
By pick-pocket monkey, I assume you are talking about "you can call me Joe" Biden.
Sep 3, 2010 at 7:01 PM | Unregistered CommenterZ
Bloomberg: Action on climate is being noticed

http://calgaryherald.com/opinion/columnists/bloomberg-action-on-climate-is-being-noticed

----

Hey Mike, why does your mansion in London have 7 fireplaces? Do they emit a magical gas that eliminates CO^2? What about your other properties, businesses and means of travel, after all you are the UN cities climate change expert.

http://www.townandcountrymag.com/leisure/real-estate/news/g1470/michael-bloomberg-london-mansion-photos/


Mike, If you would kindly fill out this EPA form

http://www3.epa.gov/carbon-footprint-calculator/

and let me know how small your carbon footprint is I would appreciate it. Carbon offsets are not to be included.
Jun 4, 2016 at 10:03 AM | Unregistered Commenterjohn

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