Neil Fabricant

Mike! Wall Street's Mayor Neil Fabricant

How Michael Bloomberg sold out the people of New York to become the poster boy for the 1%. Mike! Wall Street's Mayor is the story of how the most dominant political figure in New York's modern history leveraged his vast wealth and political power to govern in the interest of the 1%. Politicians sold him their ballot lines, and religious and civic leaders were paid to sing his praises and push his policies. He said it would be 'disgraceful' to overturn a voter's referendum upholding terms limits--and then he overturned them. The hamburger-eating, subway-riding, self-proclaimed 'people's mayor' (Call me Mike!) accepted a salary of only one dollar a year--and yet grew his personal fortune while in office from an estimated three to twenty billion dollars. His foundation holds hundreds of millions of dollars of taxable unrelated business income in tax-free off-shore accounts. This mayor's 'Luxury City' vision failed education policies, abusive police practices, and much else revealed in this book are the legacy of a corrupt administration--a betrayal of all but the richest New Yorkers, who continue to celebrate his leadership. Told from the perspective of a political insider, Mike! recounts in a compelling narrative the rise and reign of the Wall Street billionaire who became Wall Street's Mayor.