Accuracy in Media

Billionaire Michael Bloomberg officially launched his candidacy for President of the United States on Sunday, marking the latest entry by a democrat-hopeful and expanding the primary field to eighteen candidates.

Bloomberg writes in an open letter on his campaign website homepage, “I’m running for president to defeat Donald Trump and rebuild America. We cannot afford four more years of President Trump’s reckless and unethical actions.”

CNN’s first article regarding Bloomberg’s entrance into the race highlighted many things including his ad-buy of more than $37 million dollars, his rise to fame and fortune as an entrepreneur and philanthropist, as well as some of his downfalls such as his “stop and frisk” scandal. However, Bloomberg has been involved in unethical situations and sayings that could be apologized for.

Not covered in CNN’s article on the billionaire, but once reported on by The Associated Press in July of 2007, “Bloomberg was the target of a sexual harassment suit by a female executive who accused him of making repeated raunchy sexual comments while he was chief executive of his financial company, Bloomberg LP.”

Bloomberg said, “I like theater, dining and chasing women,” he went on to say “Let me put it this way: I am a single, straight billionaire in Manhattan. What do you think? It’s a wet dream.”

CNN did report the successful New York businessman apologized for “stop and frisk” last week at a predominantly African American church for implementing the controversial policy and defending it for years. However, there was nothing else reported on that he went on to apologize for.

Bloomberg was slated to announce his presidential candidacy in early 2019, however, CNN reported: “Bloomberg’s longtime adviser Kevin Sheekey said they were building a team, including hiring former President Barack Obama’s 2008 campaign manager, David Plouffe, among others.”

As of November 2018, a CNBC article stated, a GOP money group (America Rising super PAC) prepares opposition research blitz against Mike Bloomberg if he runs for president in 2020.

According to that article, the super PAC “is looking to play up some of Bloomberg’s controversial statements about women, including his recent remarks to The New York Times about news anchor Charlie Rose and the #MeToo movement.” During that time the billionaire tycoon said, “The stuff I read about is disgraceful – I don’t know how true all of it is,” he told the newspaper in September. Rose, who has been accused of sexual misconduct, used to produce his PBS show from Bloomberg’s offices.

Bloomberg wrote in an opinion piece that was published through his news outlet, “I’ve come to realize that I’m less interested in talking than doing.”

Photo by Gage Skidmore

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