Mike Bloomberg thinks big…
In 1981, the former hotshot Solomon Brothers trader took a $10 million severance check from that firm and turned it into a financial information powerhouse that's worth more than $20 billion today.
In 2002, he used his Wall Street experience and bank account to become the mayor of New York, leading the city back from the emotional and economic destruction of September 11th.
And Tuesday, the billionaire announced that he was leaving the Republican Party; a sign many pundits see as a first step towards a presidential run.
Not so fast says Bloomberg. But people who know him, know better.
Does Bloomberg have a chance in 2008? And will this man that Wall Street knows so well, be good for your money?
Guy Adami thinks if Bloomberg gets into the race it means more ad dollars – and Guy says Cumulus Media (CMLS) will benefit most.
Pete Najarian likes ValueClick (VCLK) because Pete thinks the internet would play right into Bloomberg’s campaign strategy.
Jeff Macke believes the radio companies would benefit, too.
Eric Bolling says a CEO president would be great for the markets.
Trader disclosure: On June 20 2007, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders:Macke Owns (ATVI); Najarian Has Closed Out Of His Long (MS) Trade; Bolling Owns (NMX); Gold; Sugar: WWE Programs Air On Networks Of NBC Universal: NBC Universal Is The Parent Company Of CNBC: CNBC Is A Service Of NBC Universal And Dow Jones