Bloomberg Wants Someone Who Knows What the Hell They're Doing

Mayor Michael Bloomberg isn't shying away from the fact that his newly hired, $175,000-a-year advisor to his appointees on the city pension boards may lead to conflicts with the city comptroller, whose job is to, basically, advise members of the pension boards.

Bloomberg told reporters today, “Why should we not have someone really professional, just because there may be disagreements? You really want somebody running your money that doesn’t know what the hell they’re doing? I don’t think so.”