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...quarter of properties costing $16 million or more sold through Knight Frank went to Russians; Middle Easterners bought 16%. "If somebody wants to live on Belgravia's Eaton Square, there are only a handful of properties available, so they'll bid whatever it takes to get one," says Liam Bailey, head of residential research for Knight Frank. "We've heard extraordinary stories of properties that had doubled in value over two years or houses that were going for 50% more than the asking price...

Author: /time Magazine | Title: Ritzy Business | 1/17/2008 | See Source »

...consultants, Douglas Bailey and Gerald Rafshoon, told reporters Tuesday that Bloomberg's name recognition, independent political affiliation and personal fortune make him unusually well positioned to break the partisan gridlock in Washington. "Michael Bloomberg, if he runs," said Bailey, "will be elected President of the United States...

Author: /time Magazine | Title: Draft Bloomberg Movement Launched | 1/15/2008 | See Source »

...Bailey, a Republican who worked for Gerald Ford, and Rafshoon, a Democrat who helped elect Jimmy Carter in 1976, recently resigned from a months-long project called UNITY 08 designed to encourage people to pick and elect a mixed ticket with a Republican and a Democrat for President and vice president. They are placing their bets now on a Bloomberg...

Author: /time Magazine | Title: Draft Bloomberg Movement Launched | 1/15/2008 | See Source »

...Bloomberg's wealth, estimated at about $11.5 billion in most reports, makes the New York mayor "beholden to no one, " said Bailey." Bloomberg "owes nothing to lobbyists, nothing to special interest groups" and could fund his candidacy with his own money...

Author: /time Magazine | Title: Draft Bloomberg Movement Launched | 1/15/2008 | See Source »

...Bailey and Rafshoon said they have yet to speak with Bloomberg about a run for President. But Bailey assured reporters that Bloomberg had no interest in being a spoiler. Bloomberg, said Bailey, would not run "unless he thinks...

Author: /time Magazine | Title: Draft Bloomberg Movement Launched | 1/15/2008 | See Source »

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