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Bloomberg Vs Spitzer

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by Yves Smith and Felix Salmon
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May 08 2007 12:00am EDT

Bloomberg vs Spitzer?

And you thought presidential campaigns started early. Mike Bloomberg is splashed all over the front page of the New York Post today, saying he's interested in running for governor of New York when his tenure as mayor of New York City runs out at the end of 2009. "The bottom line is that he loves public service and doesn't want to leave it when his term as mayor is up," says the Post's source.

The prospect of a Bloomberg-Spitzer match-up in 2010 is even juicier than the prospect of a Hillary-Rudy race in 2008. The money and the egos involved would be most entertaining, to say the least – and Wall Street, which hates Spitzer and loves Bloomberg, would be heavily involved. On the other hand, the last thing that New York needs right now is the mayor and the governor warily circling each other as potential opponents: it really needs the two to be working hand-in-glove. Bloomberg might be a great governor in 2010. But until then, he needs Spitzer on his side.

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