Mayor Bloomberg Adds More Properties to His Collection

Mayor Michael Bloomberg. (Photo: D Dipasupil/Getty Images)
Mayor Michael Bloomberg. (Photo: D Dipasupil/Getty Images)

The city’s billionaire mayor has added another two properties to a collection that now includes more plots of land than the number of shoes in most people’s closets.

The mayor purchased two new properties in Southampton, New York, according to highly-redacted tax returns and other disclosure forms released by his office this afternoon.

The first, a 4.8-acre property, is adjacent to a home he already owns in the town, and is characterized in the forms as “vacant unimproved land” valued at $500,000 or more. It was purchased in May 2012.

A second new property, also in Southampton, was purchased in July 2012. That residence is also valued at $500,000 or more on the forms.

Continue reading “Mayor Bloomberg Adds More Properties to His Collection”

Mitt Romney Knew More About His 9/11 Investments Than His Campaign Is Letting On

1031408 Mitt Romney Knew More About His 9/11 Investments Than His Campaign Is Letting On
World Trade Center (Photo: Getty)

After 9/11, Mitt Romney invested in Endurance Specialty Holdings, a company designed to profit off the chaos that followed by the attacks. When Politicker first wrote about Mr. Romney’s investment in Endurance last week, Romney campaign spokeswoman Michele Davis told us the investment was part of Mr. Romney’s blind trust, which means he didn’t directly make the decision to invest in the company. However, upon further review, we realized that, though the holding has since been moved to Mr. Romney’s blind trust, he was directly responsible for his initial investment in Endurance. Continue reading “Mitt Romney Knew More About His 9/11 Investments Than His Campaign Is Letting On”

How Mitt Romney Made Money After 9/11

1031408 How Mitt Romney Made Money After 9/11
World Trade Center (Photo: Getty)

Mitt Romney’s investments have already proven to be obstacles for him on the campaign trail with a slew of attacks on the company he co-founded, Bain Capital, and his vast network of offshore assets. However, this latest bit of information about Mr. Romney’s business dealings may be the most politically problematic yet: almost immediately after the September 11th, Mr. Romney profited from a company designed to make money from the chaos that followed the attacks. Continue reading “How Mitt Romney Made Money After 9/11”