Mayor Bloomberg Returns To Civilian Duty

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Mark Melin
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After a 12 year run as mayor of New York City, Michael Bloomberg is returning to the financial data and media company he founded in 1981.  Now 29th on Forbes’ list of the most powerful people in the world and 10th on the list of the Forbes 400 wealthiest people in the United States, Bloomberg returns to the fifth floor of Bloomberg headquarters on the upper east side of Manhattan where “he will work a few hours a day from his desk,” according to a memo obtained by the web site Capital New York. At Bloomberg L.P., the firm’s founder…

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.