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Pink-Slip Millionaires

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Pink-Slip Millionaires

New York's mayor might be angling for the White House these days, but back in his late 30s, Michael Bloomberg lost his job as a manager at Salomon Brothers after a corporate takeover. Using his corporate stock earnings from the sale, he founded Bloomberg, a financial-information company whose terminals have become a mainstay on Wall Street, along with a wire service and TV and radio networks -- a media empire now valued at as much as $20 billion.

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