Expert Opinion
WSJ swats at Bloomberg's bizjets
The Wall Street Journal has been a vital tool for people who didn’t make their money by winning the lottery, and the publication certainly has its f

The Wall Street Journal has been a vital tool for people who didn’t make their money by winning the lottery, and the publication certainly has its fans here at AIN. Its jingle was once "The daily diary of the American Dream," so one has to wonder why the paper, in its Valentine’s Day edition, skewers a billionaire for making his appointed rounds in a business aircraft?

Michael Bloomberg certainly seems to personify the same American Dream the WSJ promotes as its raison d’être. He has built Bloomberg LP into a colossus of an information empire and, as a pilot, he is enjoying some of his rewards the way people who like to fly do that. Oh yes, he’s also the highly effective Mayor of New York City, he (not the city) pays for all his NYC-related business travel aboard his airplanes, and he draws an annual salary of $1 from Gotham’s beleaguered coffers.

Nigel Moll
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