Sat, Oct 04, 2008 - Page 7 News List

Bloomberg looking to run again

MAYORAL BROUHAHA New York Mayor Michael Bloomberg will ask the City Council to change the law so that he can run for a third term, sparking controversy in the Big Apple

AGENCIES , NEW YORK

“I think Mayor Bloomberg and this City Council have been a very effective team as it relates to dealing with the city’s finances and the economy,” Quinn said.

If the measure succeeds, Quinn said she would not run for mayor and would instead seek another term as speaker.

Bloomberg founded the financial news and data company Bloomberg LP and Forbes magazine lists him as the eighth richest American with a net worth of US$20 billion.

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