Bloomberg Live Quotes

I quit smoking in December. I’m really depressed about it. I love smoking, I love fire, I miss lighting cigarettes. I like the whole thing about it, to me it turns into the artist’s life, and now people like Bloomberg have made animals out of smokers, and they think that if they stop smoking everyone will live forever.

New York city wasn't yet the post-Giuliani, Bloomberg forever, Disneyland tourist attraction of today, trade-marked and policed to protect the visitors and tourism industry. It was still a place of diversity, where people lived their lives in vibrant communities and intact cultures. Young people could still move to New York City after or instead of high school or college and invent an identity, an art, a life. Times Square was still a bustling center of excitement, with sex work, "adult" movies, a variety of sins on sale, ways to make money for those down on their luck".

Washington's all abstraction. It's about access to power and nothing else. I mean, I'm sure it's fun if you're living next door to Seinfeld, or To Wolfe, or Mike Bloomberg, but living next door to them isn't what New York is about, In Washington people literally talk about how many feet away from John Kerry's house their own house is. The neighborhoods are all so blah, the only thing that turns people on is proximity to power. It's a total fetish culture. People get this kind of orgasmic shiver when they tell you they sat next to Paul Wolfowitz at a conference or got invited to Grover Norquist's breakfast.

Matt Levine, a Bloomberg columnist who writes a detailed and witty daily email dissected by Wall Street bankers, had been on vacation when the prospectus went live. The following Monday morning, he wrote in his email that the “We” trademark news was “the news item that caused me to absolutely lose my mind—the item that, if I were a slightly more dedicated financial columnist, would have had me on the next helicopter back to the office.

New York city wasn't yet the post-Giuliani, Bloomberg forever, Disneyland tourist attraction of today, trade-marked and policed to protect the visitors and tourism industry. It was still a place of diversity, where people lived their lives in vibrant communities and intact cultures. Young people could still move to New York City after or instead of high school or college and invent an identity, an art, a life. Times Square was still a bustling center of excitement, with sex work, "adult" movies, a variety of sins on sale, ways to make money for those down on their luck".

By the end of 1993, there were 623 websites in existence. Two years later, there were 23,500 live sites, covering a variety of human interests: from business-based journalism on Bloomberg.com to one of the first online communities called – and we’re not making this up – Bianca’s Smut Shack.

The two of us have no interest in the tired old debate that is still playing out on Capitol Hill. Our interest is not in winning an argument or an election. It’s in saving lives, promoting prosperity, and stopping global warming.

capital expenditures required in Clean Technology are so incredibly high,” says Pritzker, “that I didn’t feel that I could do anything to make an impact, so I became interested in digital media, and established General Assembly in January 2010, along with Jake Schwartz, Brad Hargreaves and Matthew Brimer.” In less than two years GA had to double its space. In June 2012, they opened a second office in a nearby building. Since then, GA’s courses been attended by 15,000 students, the school has 70 full-time employees in New York, and it has begun to export its formula abroad—first to London and Berlin—with the ambitious goal of creating a global network of campuses “for technology, business and design.” In each location, Pritzker and his associates seek cooperation from the municipal administration, “because the projects need to be understood and supported also by the local authorities in a public-private partnership.” In fact, the New York launch was awarded a $200,000 grant from Mayor Bloomberg. “The humanistic education that we get in our universities teaches people to think critically and creatively, but it does not provide the skills to thrive in the work force in the 21st century,” continues Pritzker. “It’s also true that the college experience is valuable. The majority of your learning does not happen in the classroom. It happens in your dorm room or at dinner with friends. Even geniuses such as Mark Zuckerberg or Bill Gates, who both left Harvard to start their companies, came up with their ideas and met their co-founders in college.” Just as a college campus, GA has classrooms, whiteboard walls, a library, open spaces for casual meetings and discussions, bicycle parking, and lockers for personal belongings. But the emphasis is on “learning by doing” and gaining knowledge from those who are already working. Lectures can run the gamut from a single evening to a 16-week course, on subjects covering every conceivable matter relevant to technology startups— from how to create a web site to how to draw a logo, from seeking funding to hiring employees. But adjacent to the lecture halls, there is an area that hosts about 30 active startups in their infancy. “This is the core of our community,” says Pritzker, showing the open space that houses the startups. “Statistically, not all of these companies are going to do well. I do believe, though, that all these people will. The cost of building technology is dropping so low that people can actually afford to take the risk to learn by doing something that, in our minds, is a much more effective way to learn than anything else. It’s entrepreneurs who are in the field, learning by doing, putting journey before destination.” “Studying and working side by side is important, because from the interaction among people and the exchange of ideas, even informal, you learn, and other ideas are born,” Pritzker emphasizes: “The Internet has not rendered in-person meetings obsolete and useless. We chose these offices just to be easily accessible by all—close to Union Square where almost every subway line stops—in particular those coming from Brooklyn, where many of our students live.

There’s another thing about New York: the bar scene and the restaurant scene for the ‘kids,’” adds Brian Cohen. “There’s no better place to hang out than in New York. The city’s environment is so much more conducive to that. You can’t do that in Silicon Valley. You can’t walk from San Mateo to Mountain View, you know? If you’re in the city, you may go to 12 different bars, hang out with 40 different friends … it’s another matter. I think the real catalyst is that New York is totally walkable, you can walk anywhere, and every place is safe. Where would you go to live this life? Nowhere.” But even Cohen is worried about the after-Bloomberg: “There’s no businessman who could fit in his shoes. I think New York is going to go through a difficult time then. He’s had an impact in ways people have no understanding of. That will be gone.

Clip This Article on Location 1397 | Added on Monday, September 1, 2014 4:10:39 PM REVIEW & OUTLOOK An $8.3 Billion Rebuke to the FDA Roche buys a drug approved in Europe but not in America. 359 words Amid this summer's M&A fever, Roche's agreement Monday to buy the San Francisco biotech InterMune deserves special notice. The tie-up is an $8.3 billion guided missile into the fortified bunker that is the Food and Drug Administration. InterMune has never turned a profit in 16 years of existence and other than its clinical expertise the company holds a single asset: an idea for treating a lethal lung disorder called idiopathic pulmonary fibrosis with no known cause, cure or approved therapy—at least in the U.S. An InterMune drug called pirfenidone that slows the progression of irreversible lung scarring is on the market in Europe, Japan, Canada and even China. Bloomberg News But the FDA refused to approve pirfenidone in 2010, despite the 40,000 Americans who are killed annually by lung fibrosis and a positive recommendation from its outside scientific advisory committee. The agency brass claimed the evidence was statistically unsatisfactory, when one clinical trial was inconclusive but another showed strong benefits such as improved lung function. The results of the third trial the FDA ordered were reported earlier this year and confirmed that pirfenidone is even more of a treatment advance than it seemed in 2010, and may prolong life. The agency is expected, finally, to approve the medicine in November. Roche is paying a 38% premium over Friday's closing share price, and 63% over trading before the news of InterMune's corporate suitors broke a few weeks ago. The deal is a big vote of confidence in pirfenidone, not least because a rival lung fibrosis drug is awaiting U.S. approval. Then again, maybe that drug's maker, the German pharmaceutical consortium Boehringer Ingelheim, will have the same FDA experience as InterMune. The Roche deal is a tacit reprimand to the FDA's unscientific and uncompassionate—and wrong—2010 defenestration. Amid medical ambiguity about effectiveness, the humane option is to allow a drug to come to patients and follow on with more research, in particular for a drug with few side effects. Pulmonary fibrosis is a protracted death sentence of three to five years. The FDA denied tens of thousands of dying people better and possibly longer lives in the time they had left. ==========

America has the highest gun homicide rate, the highest number of guns per capita,” recites Charles Blow of the New York Times.3 In another story, the New York Times quotes researcher David Hemenway as saying: “Generally, if you live in a civilized society, more guns mean more death.”4 Bloomberg’s Businessweek also makes similar claims.5 Like most international comparisons of gun ownership rates, all of these claims make use of something called the 2007 Small Arms Survey, a group that receives funding from and often works closely with George Soros’s Open Society Institute.6 The UN provides homicide data for 192 countries, but the Small Arms Survey only lists gun ownership and homicide data for 116. All of the countries that are missing are countries that have homicide rates higher than the U.S. rate. The Small Arms Survey makes it look as though there are only twenty-five countries with higher homicide rates than the U.S. In fact, there are 101 countries with higher rates. So how do homicide rates compare across all 192 countries for which the UN provides data?7 For 2008, the U.S. rate was slightly less than 5.4 homicides per 100,000 people. The worldwide rate was 10.5 (about twice the U.S. rate), and the median was six per 100,000. Yet there is one important caveat to realize when looking at these numbers—they are provided by the countries themselves, and you can’t always trust their numbers. Politicians and dictators like to give the impression that they are doing a better job than they actually are. This is a problem in some United States jurisdictions such as Chicago, where what look like murders are reclassified as “noncriminal death investigations.”8

With judgement at an all-time premium, Bloomberg ranks understanding behaviour among the hottest next-generation skills. More than any formal qualification, this psychological edge helps you to make judgements that change lives – yours and those around you.

How do we reward this kind of work? Chad Boult, the geriatrician who was the lead investigator of the University of Minnesota study, can tell you. A few months after he published the results, demonstrating how much better people’s lives were with specialized geriatric care, the university closed the division of geriatrics. “The university said that it simply could not sustain the financial losses,” Boult said from Baltimore, where he had moved to join the Johns Hopkins Bloomberg School of Public Health. On average, in Boult’s study, the geriatric services cost the hospital $1,350 more per person than the savings they produced, and Medicare, the insurer for the elderly, does not cover that cost. It’s a strange double standard. No one insists that a $25,000 pacemaker or a coronary-artery stent save money for insurers. It just has to maybe do people some good.

Data scientist Jeff Hammerbacher, former manager of the Data group at Facebook, once told Bloomberg Businessweek that “the best minds of my generation are thinking about how to make people click ads.

The first time I learned about Bitcoin was in 2013. I was living in Buenos Aires, reporting on the Argentine market for Bloomberg News. But I was more than reporting about it; I was also living it. As I wrote about double-digit inflation, the pesos I earned for those stories quickly depreciated. I started exchanging my salary to dollars as soon as I got it, until one day the president woke up and said, Nope! You can’t do that anymore.

the key questions are more important than ever: What is the problem? How valuable is the solution? Can we provide it profitably? Where will our competition come from? When I started out with computers, I believed what the manufacturers’ promotional materials promised. I grew into a skeptical, nontrusting cynic, but one who believes more than most in the potential technology has to improve our lives. What I learned on the journey was that we are all humans, and technology exists to serve us, not the reverse. The challenge is to resolve people issues, not software ones.

think big thoughts, even if his approval rating tanked. “Okay, it’s time to be controversial,” he said loudly.

Neither of the two biggest causes he has invested in over the years—reducing tobacco use and improving traffic safety—register much in the glittery precincts of philanthropy, but Bloomberg has picked two real winners. Smoking kills six million people worldwide every year, which is far more than AIDS and malaria put together. That number is projected to rise to eight million by 2030. A funder who bends this curve even slightly can save untold lives, which is why Bloomberg has so far poured at least $600 million into the cause. The same goes for road safety, where the body count is also huge: 1.25 million people die annually from accidents and tens of millions are injured. His foundation estimates that some 125,000 lives will be saved as a result of Bloomberg’s investment of more than a quarter of a billion dollars in road safety activities across the world. Sounds like a bargain, right? Meanwhile, Bloomberg’s quest to shut down coal-fired power plants—a cause to which he’s now given over $130 million—is a twofer: shuttering such plants reduces carbon dioxide emissions but also lowers old-fashioned air pollution, saving lives. In early 2015, Bloomberg estimated that 5,500 lives annually were already being saved because of coal plant shutdowns in recent years.

But it was still clear his calendar had too many empty hours.