Michael Bloomberg’s Anti-Vaping Crusade: Philanthropy or Protection of Interests?
Although Michael Bloomberg insists his campaign is purely philanthropic, there are grounds to suspect potential conflicts of interest. Bloomberg L.P. – the firm he founded and of which he remains the majority shareholder – is one of the most influential players in global finance. Its terminals and services are used by investment funds with substantial holdings in both the pharmaceutical sector and the traditional tobacco industry.
