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Bloomberg's Firing at Salomon Brothers Led to Media Empire

Mike Bloomberg was laid off from Salomon Brothers after 15 years, then founded the company that became Bloomberg LP the next morning, using his severance to build a data and media giant now worth billions.

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Mike Bloomberg was laid off from Salomon Brothers after 15 years, then founded the company that became Bloomberg LP the next morning, using his severance to build a data and media giant now worth billions.

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