In other news of corruption, looks like Bloomberg’s financial company is about to be rocked by a huge scandal involving pay to play and construction kickbacks.

NYT: Tomorrow, “more than a dozen executives, including practically the entire staff of Bloomberg’s global construction and facilities department” are set to be arrested on charges of fraud, bribery & theft after a pay-to-play scheme that spanned 4+ years https://t.co/XJC5ruECUh

— Steve Kopack (@SteveKopack) December 10, 2018

At this point it doesn’t look like Mike Bloomberg knew of the conduct, and that the costs ended up costing his company millions of dollars more thanks to the kickback and pay to play schemes among top executives at Bloomberg and Turner Construction.

They’re going to try and show that this was rogue employees who operated outside the knowledge and consent of Bloomberg and the Board.