May 21, 2013
  • Mayor Bloomberg turned down chance to run World Bank: Report

    Michael Bloomberg

    Photo credit: Getty Images

    Mayor Michael Bloomberg turned down an offer from the Obama administration to be the president of the World Bank, according to a report published this week in New York magazine.

    Last winter, President Barack Obama's then-chief of staff, Bill Daley, "discreetly called the mayor and asked him if he wanted to be head of the World Bank" after the bank's outgoing president, Robert Zoellick, departs, according to unnamed sources the magazine cited.

    Bloomberg declined, reportedly because he "did not want to have a boss, and he'd already begun to retool his life for his post-mayoralty."

    The piece, written by Gabriel Sherman, focuses on Bloomberg's post-mayoral life, noting that he may focus his efforts on philanthropy. It also touched on long-circulating rumors that Bloomberg has mulled buying The New York Times, which the mayor's administration has always denied, along with speculation of a potential purchase of the Financial Times.

    The mayor's office declined to comment on the story.

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