Mayor Michael Bloomberg says it’s “not very helpful” to New York City’s economy when Eliot Spitzer badmouths Wall Street while campaigning.
The Daily News says Bloomberg’s remarks were made at a Financial Control board meeting this week.
The mayor says Wall Street provides the city’s tax base. He says that pays firefighters and police officers, and provides crucial services.
Spitzer is running for city comptroller. As state attorney general, he targeted Wall Street corruption.
Campaign spokesman Hari Sevugan says Spitzer agrees that the financial industry is important to the city. But he says it’s also important to safeguard workers’ pension investments from the practices of an “unethical few.”
(AP)
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One Response
This is BS.
If keeping Wall Street honest, means our tax base suffers, then why didn’t Bloomberg figure out a long time ago how to run one of the greatest and wealthiest cities in the world without depending on a bloated, fraud-laden industry?
If Wall Street provides the tax base, then why are our streets not lined with gold? I wonder whether Wall Street even pays their fair share of the taxes. Seems doubtful those crooks would pay their fair share of anything.