I don't come from NYC but I figure a guy who has made a fortune worth $20 billion probably has some financial acumen.
You have to understand that Bloomberg isn’t very good with taxpayer OPM, especially when he grinds the city down with distinctly socialist regulations and taxation. There is a consistent common logical fallacy that states that since one is rich one has great financial acumen. Inbred heirs of aristocracy and trust fund babies that piss OPM away neatly put that common fallacy to rest daily.
OPM rich ain’t financial acumen especially when it’s taxpayer funded and you continually waste it for the sake of your own power trip.