Best Small Cos. This ruling decreed that a wealthy candidate's limitless personal campaign spending is protected under the First Amendment's right to free speech. Hello, Ross Perot . Corporate America is now crawling with similarly civic-minded chiefs. But a lot has to happen before Central Park installs a concierge.
Money can indeed buy a bona fide political brain trust.
Even with the best advisers, candidates like Corzine are the exception in politics. Nevertheless, Bloomberg is optimistically preparing his media empire for his departure. In January, he temporarily rotated his top nine executives into other departments, so that they understand how the business operates as a whole. In April, Bloomberg stepped down as chairman of the board and gave the role to Peter Grauer , a Credit Suisse First Boston managing director. Mass. And he has a decent philanthropic record, sitting on the boards of many venerable institutions such as The Metropolitan Museum of Art and Lincoln Center, and donating hundreds of millions of dollars to good causes.