Leon Cooperman says he will support fellow billionaire Mike Bloomberg for president
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"I'm a huge fan of Michael. I know him personally. It's a breath of fresh air. Unless he changes his stripes, he will have my unequivocal support," Cooperman told CNBC on Friday. "That's the whole idea," Cooperman said when asked about potentially helping with fundraising. "I have a world of respect for his accomplishments and his values. I have to sit down and understand his platform. If the Democratic Party was smart, they would support him." he added.
A private equity executive, who declined to be named in order to speak frankly about the situation, said he would likely support Bloomberg's campaign as well. This person has contributed to former Vice President Joe Biden's campaign and others in the race, but has not been impressed so far with the overall field., he will still need donors to qualify for any potential debates. Cooperman has a net-worth of $3.2 billion., a potential rival of Bloomberg's.
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