"New York Mayor Michael Bloomberg on Thursday endorsed President Barack Obama for a second term, citing the importance of his record on climate change, particularly in the aftermath of the devastating blow dealt to the New York area by storm Sandy."
"New York City Mayor Michael Bloomberg endorsed President Barack Obama for re-election yesterday, giving the incumbent an unexpected boost from a politically independent national figure heading into the final days of a deadlocked presidential race."
For Goldman Sachs CEO and New Jersey Mayor Jon Corzine's MF Global filed for chapter 11 bankruptcy protection after costly bets on European debt proved too much for the firm.