Michael Bloomberg

Sen. Elizabeth Warren labeled Mike Bloomberg “a billionaire who calls people fat broads and horse-faced lesbians.”

By attributing the meltdown to the elimination of redlining, a practice used by banks to discriminate against minority borrowers, Bloomberg appears to be blaming policies intended to bring equality to the housing market.

Billionaire and former New York City Mayor Michael Bloomberg, one of the world’s richest men, has formally launched a Democratic bid for president.