Why Bloomberg's wealth could be his biggest liability if he runs for president

Billionaire and former New York Mayor Michael Bloomberg is expected to file paperwork this week in at least one state with an early deadline, although an advisor said the former New York mayor had not made a final decision to run. As the eighth richest person in America with a net worth of $52 billion, his campaign will be well funded. CNBC's Robert Frank reports.
Fri, Nov 8 20199:20 AM EST