2011, with money from his own foundation and George Soros’s Open Society Foundations, Bloomberg launched a Young Men’s Initiative aimed at mentoring and advancing black and Latino men. Was this a sop that a shrewd urban politician was lobbing at an important voting bloc? Or was it the personal initiative of a nice guy who just happened to be mayor and that only a churl would cast a suspicious eye at? President Obama sought to scale Bloomberg’s program for non-white boys up to national level, renaming it “My Brother’s Keeper.” Friendly banks subject to government regulation (such as American
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