Bloomberg would endorse Monserrate against Sabini
City Councilman Hiram Monserrate got a surprise boost to his possible campaign when Mayor Michael Bloomberg said he would endorse Monserrate if he ran against state Sen. John Sabini this fall, the Daily News reported Sunday.
Banque Safdie SA, the Swiss wealth manager that redeemed money invested with Bernard Madoff three years before his alleged Ponzi scheme unravelled, has predicted more hedge fund regulation following the scam, according to a Bloomberg report.