All tagged Bloomberg

Should the Democratic establishment think nominating Bloomberg will not only defeat Trump but also help preserve its control over the party, Democratic leaders may be in for a nasty surprise. In their minds Bloomberg may be a stone that can kill two birds (Trump and Sanders) but Bloomberg’s actions are also those of a corporate raider engaged in a hostile take-over bid of a company faced with implacable competition (the GOP) and burdened with a sclerotic, inept management (the DNC) and falling stock price (after the failed attempt to remove Trump and the Iowa caucus fiasco), and over which frustrated employees (liberals and progressives) now wish to assume ownership.