Michael Bloomberg is known for being fiercely loyal to his friends, and today, the mayor offered support to his embattled money manager, Steve Rattner–whose former company, in a blistering statement this morning, “disavowed” its co-founder and agreed to cooperate with the attorney general in an ongoing probe into whether Mr. Rattner illegally secured state pension contracts.
“He’s a friend whose advice the Mayor has, and continues to, rely on,” emailed Stu Loeser, a spokesperson for the mayor.
