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A tale of easy student Loans, for-profit schools & private equity

The most striking feature of the Direct PLUS Loan program is that it limits neither the amount that a school can charge for attendance nor the amount that can be borrowed in federal loans. "This is, for a private-equity firm, a remarkably attractive arrangement: the investors get their money up front, in the form of the tuition paid for by student loans. Meanwhile, any subsequent default on those loans is somebody else’s problem—in this case, the federal government’s." [more inside]
posted by TheLittlePrince on Aug 15, 2014 - 66 comments

Suicide, drugs, sex and other dangers of rock and/or roll

How Americans Die - a visual tour through surprising trends in mortality among Americans in the last several decades
posted by Blazecock Pileon on Apr 17, 2014 - 58 comments

Conflicts of interest

Conflicts of interest in the Syria debate: An analysis of the defense industry ties of experts and think tanks who commented on military intervention
posted by AElfwine Evenstar on Oct 10, 2013 - 14 comments

"We have entire streets of Roman London in front of us."

An archaeological excavation led by the Museum of London Archaeology (MOLA) has been quietly uncovering a site on the now-lost Walbrook River which they have dubbed the Pompeii of the north. [more inside]
posted by Athanassiel on Apr 10, 2013 - 24 comments

Bloomberg has given 1.1 billion to Johns Hopkins

To date, Michael Bloomberg has donated a total of $1.1 billion to his alma mater, Johns Hopkins University, making him the most generous living donor to any educational institution in the United States.
posted by deathpanels on Jan 30, 2013 - 40 comments

Madam Would-Be Mayor

An early look at Christine Quinn's bid to become the first woman (and lesbian) mayor of New York,
posted by roomthreeseventeen on Jan 29, 2013 - 22 comments

An interactive, up-to-date listing of where all the money is.

Revamped visual data on the world's billionaires: Bloomberg Billionaires
posted by molecicco on Jan 25, 2013 - 47 comments

Interpreting Lydia Callis

Arika Okrent deconstructs the signing of interpreter Lydia Callis to demonstrate how body language and facial expressions are used grammatically in American Sign Language. [more inside]
posted by torticat on Nov 2, 2012 - 61 comments

You don't need a weatherman to know which way the wind blows

Hurricane Sandy's proximity to Election Day means that the response to it is highly politicized. [more inside]
posted by entropone on Oct 31, 2012 - 433 comments

Hudson Yards

In a few weeks, ground-breaking will begin on the far West Side. The project: Hudson Yards, the largest real-estate development ever undertaken in the city's history, an enormous mini-metropolis whose planning might have left even Robert Moses dumbstruck. - Wendy Goodman [more inside]
posted by Egg Shen on Oct 9, 2012 - 22 comments

"they were never meant to be smoked in the first place."

Cigarettes: The Most Stable International Currency. In China, expensive cigarettes (not to be confused with counterfeits of popular brands) are sometimes used as bribes. Cash can be difficult to handle, or outright illegal, in some places. Since a smoking ban (and subsequent black-market trade in cigarettes) in US prisons, canned mackerel (previously on MetaFilter) has become the exchange medium of choice. [more inside]
posted by the man of twists and turns on Oct 2, 2012 - 34 comments

Smaller Sodas, Smaller Citizens?

After the initial proposal, a contentious public hearing, examination in the media, and the big vote, NYC Mayor Bloomberg's Large Soda Ban has been approved by the health board and "unless blocked by a judge, will take effect in six months." The Mayor's office is yet to issue an official statement but here's something to hold you over.
posted by griphus on Sep 13, 2012 - 195 comments

NYC and Breastfeeding

During his tenure as Mayor of New York City, "public health autocrat" Michael Bloomberg has attempted to regulate trans fats, smoking and sugar-filled sodas. Now, he has a fresh target: moms who don't breastfeed. Beginning September 3, NYC hospitals participating in a new, voluntary program: Latch-On NYC (press release / posters / FAQ -pdf-), will make formula less accessible, to encourage moms of newborns to breastfeed instead of using formula. [more inside]
posted by zarq on Jul 30, 2012 - 220 comments

No soda for you

NYC Mayor Michael Bloomberg has proposed a ban on the sale of large sodas and other sugary drinks at restaurants, movie theaters and street carts. Mr. Bloomberg’s proposal requires the approval of the Board of Health, a step that is considered likely because the members are all appointed by him, and the board’s chairman is the city’s health commissioner, who joined the mayor in supporting the measure on Wednesday.
posted by roomthreeseventeen on May 31, 2012 - 349 comments

The trouble with value-added-modeling

Value-added model scores for teachers: some disturbing scatterplots. Gary Rubinstein finds a lot of noise and very little signal in the VAM scores of 18,000 New York teachers, recently released by the Bloomberg administration under a Freedom of Information Act Request. (VAM previously on MetaFilter.)
posted by escabeche on Mar 6, 2012 - 104 comments

Silicon City

The inside story of how The Cornell-Technion Partnership won the bid to bring applied sciences to New York City. Will it make NYC the next Silicon Valley? [more inside]
posted by rosswald on Dec 30, 2011 - 42 comments

Let a thousand flowers bloomberg

Americans Elect is an organization creating a ready-made slot on the 2012 presidential ballot for an unnamed independent ticket, thus removing the biggest barrier to a 3rd party challenge. (Donald Trump suggests himself.) The NYT thinks they'll qualify in all 50 states. They say they want a non-partisan, mixed-party ticket. Some on the left see a cabal of shadowy millionaires with ties to the FBI, CIA and military behind it. Team Obama is concerned.
posted by msalt on Dec 16, 2011 - 93 comments

Federal Reserve unable to account for 1 to 8 TRILLION dollars.

In August Bloomberg News Reported Secret 1.2 Trillion Dollar Loan To Banks. How much "secret" money was printed and given to the banks? Congressman Dennis Kucinich accuses the Federal Reserve of secretly giving domestic and international banks nearly 8 trillion dollars. Ben Bernanke denies. John Stewart educates and satirizes in the first segment of his show. Congressman Alan Grayson grills the (apparently clueless) Federal Reserve Inspector General regarding their accounting.
posted by noaccident on Dec 9, 2011 - 107 comments

Occupy Everything

After deftly calming negative press coverage of his administration's handling of the Wall Street occupation by announcing that protestors may remain at the privately held public park in lower Manhattan which they have held for 26 days, Mayor Bloomberg has told the activists that they must vacate the premises by tomorrow (Friday) morning at 6AM for "cleaning." [more inside]
posted by fartron on Oct 13, 2011 - 435 comments

I am surprised they have the time, what with all the mustache twirling and damsel distressing

Bloomberg markets report Koch Brothers Flout Law - Getting Richer With Secret Iran Sales. Apparently, they knew this story was coming and began pre-butting it last week.
posted by shothotbot on Oct 2, 2011 - 108 comments

"Don't stand on a corner squeegeeing," [Giuliani] said. "Go to a restaurant. Get a job at a restaurant."

Manhattan's enterprising, unsolicited window cleaners have often been used as squeegee straw men by aspiring (and entrenched) politicians. Mayoral candidate Rudolph Giuliani railed against the squeegee men in his 1993 campaign, but not without empathetically offering them a viable career alternative.

Once a fixture of NYC life, and even the milieu of a major motion picture [SLRottenTomatoes], squeegeesmithy was since relegated to uptown. But, as America's economic windshield has clouded, the squeegee men have returned in force. [more inside]
posted by obscurator on Sep 26, 2011 - 73 comments

Kiss her asphalt, drivers!

Assessing Janette Sadik-Khan, New York City's Transportation Commissioner. [more inside]
posted by beisny on Sep 9, 2011 - 45 comments

Bloomberg Fights Coal

"Ending coal power production is the right thing to do, because while it may seem to be an inexpensive energy source the impact on our environment and the impact on public health is significant..." New York City Mayor Michael Bloomberg, has announced a donation of $50 million dollars to The Sierra Club's Beyond Coal Campaign.
posted by beisny on Jul 24, 2011 - 28 comments

If it bends, it’s funny.

Monday, December 6, 2010: WASHINGTON “Attorney General Eric Holder announced today the results of Operation Broken Trust, a nationwide operation organized by the Financial Fraud Enforcement Task Force to target investment fraud. To date, the operation has involved enforcement actions against 343 criminal defendants and 189 civil defendants for fraud schemes that harmed more than 120,000 victims throughout the country. The operation’s criminal cases involved more than $8.3 billion in estimated losses and the civil cases involved estimated losses of more than $2.1 billion. Operation Broken Trust is the first national operation of its kind to target a broad array of investment fraud schemes that directly prey upon the investing public.” —Or, well, maybe, perhaps, not so much. [more inside]
posted by kipmanley on Dec 9, 2010 - 24 comments

I'm not familiar with that address. Would you please repeat the destination?

In 2007, City officials convened a group of stakeholders, including representatives of taxi drivers, owner and passengers, to create a set of goals for the next New York City taxi cab, a project called the Taxi of Tomorrow.
posted by Joe Beese on Nov 16, 2010 - 40 comments

No food stamps for Faygo

Mayor Michael Bloomberg has asked federal permission to ban the use of food stamps to buy sodas and sugary drinks in New York City. In an op-ed in the New York Times, the city and state health commissioners argued in favor of Bloomberg's proposal, saying the practice amounts to "an enormous subsidy to the sweetened beverage industry." [more inside]
posted by ekroh on Oct 7, 2010 - 234 comments

"This nation was founded on the principle that the government must never choose between religions, or favor one over another."

"On September 11, 2001, thousands of first responders heroically rushed to the scene and saved tens of thousands of lives. More than 400 of those first responders did not make it out alive. In rushing into those burning buildings, not one of them asked 'What God do you pray to?' 'What beliefs do you hold?'"
New York City Mayor Michael Bloomberg has recently defended the planned Cordoba Initiative Islamic Community Center and Mosque to be built near Ground Zero against critics. Yesterday, after the City’s Landmarks Preservation Commission voted to allow the demolition of a building that would be replaced by the center, Mr. Bloomberg gave a speech on Governor's Island (the location seems to have been deliberately chosen) in which he eloquently defended religious freedom. (YT: Video) (Previously on MeFi)
posted by zarq on Aug 4, 2010 - 315 comments

They say the neon lights are bright on Broadway...

On Sunday New York City closed two of the busiest sections of perhaps the most famous street in the U.S. to traffic and created pedestrian plazas in the "Crossroads of the World" (and also in Herald Square) [brief plan / NYCDOT detailed plan]. [more inside]
posted by 2bucksplus on May 27, 2009 - 59 comments

Latvian Hookers Signal No Recovery for Economy

When the Baltic dry index seems run of the mill, analysts look for more unconventional global market indicators. Some suggest adultery sites and the prices sex-worker charges and as an economic metric. [via] [more inside]
posted by phyrewerx on May 27, 2009 - 7 comments

Let's Blow This Popstand

Yet another study says the middle class are fleeing New York City. What happened to the previous studies and solutions? Bloomberg to Middle Class, "Get Out."
posted by Xurando on Feb 6, 2009 - 78 comments

Rumors of Steve Job's Demise Have Been Greatly Exaggerated

Steve Jobs hangs on.
posted by ZenMasterThis on Aug 29, 2008 - 81 comments

This is what happens when you lend money to poor people.

"I had no idea how my open-handedness could be made to look, after the fact. At the time I bought the subprime portfolio I thought: This is sort of like my way of giving something back. I didn't expect a profile in Philanthropy Today or anything like that. I mean, I bought at a discount. But I thought people would admire the Wall Street big shot who found a way to help the little guy. Sort of like a money doctor helping a sick person. Then the little guy wheels around and gives me this financial enema. And I'm the one who gets crap in the papers!" -- Michael Lewis on the subprime meltdown
posted by GrammarMoses on Sep 8, 2007 - 42 comments

President and CEO

Bloomberg running for prez as an independent? You'd almost have to give it low odds but, as an outside possibility, I find it intriguing.
posted by kliuless on Jun 20, 2007 - 159 comments

Ceribus Hemi

Magna International has failed in its bid to purchase Chrysler, losing to private-equity firm Cerberus Capital Management LP Bloomberg video: Canadian Auto Workers union president Buzz Hargrove (wmv) fears further job cuts.
posted by acro on May 14, 2007 - 26 comments

If Banks were Bands, which would they be?

If Banks were Bands, which would they be? A Bloomberg columnist writes about the 'personalities' of the world's big investment banks, and compares them to well-known bands. Some amusing, and insightful, descriptions
posted by darsh on May 17, 2006 - 58 comments

As supreme monarch, I've had to make the tough decisions.

King Mike for Monarch NYC Mayor Mike Bloomberg stars in a political ad parody. From the Inner Circle, via YouTube.
posted by CunningLinguist on Mar 14, 2006 - 16 comments

Royal Flush

Fired by New York's Mayor for playing a game of solitaire, former $29,000 a year clerk Edward Greenwood IX is sure to become the new parton saint of office politics. Whether one views Greenwood as a hapless Everyman or another poster boy for workplace diversions, the question still remains: what would Ricky Gervais do?
posted by Smart Dalek on Feb 11, 2006 - 15 comments

Wait a minute, did you say register?

Go ahead, just sign it. You can trust us. NY's Mayor Bloomberg offers hotel and museum discounts to protesters as long as they are peaceful. And all they have to do is sign up, add a few personal details and voila! voluntary cointelpro. And I'm sure we can trust Mike with that list. Oh well, at least there's other perks.
posted by lumpenprole on Aug 18, 2004 - 69 comments

No butts about it...

No butts about it... Bloomberg plans to ban smoking in small bars and restaurants in NYC. Why not? The pope took it even further. And after all, it won't hurt business owners. Perhaps a better plan would be to limit food portions instead. How do NYC smokers feel about this? I know Carrie Bradshaw will not be too thrilled.
posted by bmxGirl on Aug 9, 2002 - 125 comments

Pssst. Hey buddy: wanna name a bridge?

Pssst. Hey buddy: wanna name a bridge? Nothing is sacred. Or public.
posted by ParisParamus on Feb 5, 2002 - 12 comments

At $92.60 a Vote, Bloomberg Shatters an Election Record.

At $92.60 a Vote, Bloomberg Shatters an Election Record. Ross Perot spent about $3.59 per vote in his 1992 presidential race. The $68,968,185 price tag was more than Forbes and Corzine spent on their 2000 campaigns. Do candidates that essentially buy their elections gross you out, or do you feel better knowing that their money didn't come from PACs?
posted by jennak on Dec 4, 2001 - 29 comments

Bloomberg Beats Green

Bloomberg Beats Green While I'm not a big fan, I think Mike was definitely the better choice here. It's always nice to see a super-slimy career politician like Green get sent to the showers. Just hope he keeps up Rudy's good work and doesn't follow the new bad example.
posted by nobody_knose on Nov 6, 2001 - 39 comments

Bloomberg for NYC Mayor?

Bloomberg for NYC Mayor?...Media mogul tosses his hat into the ring. If he wins, he can stream press conferences on his own channel. :)
posted by Cavatica on Jun 5, 2001 - 2 comments

Bloomberg to Run For NYC Mayor

Bloomberg to Run For NYC Mayor "Mack added: 'This isn't an ego thing'.'' Really?
posted by matteo on Apr 30, 2001 - 9 comments

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