From The Washington Post

N.Y. Mayor Is Eyeing ‘08, Observers Say

By Michael D. Shear

Washington Post Staff Writer
Monday, March 26, 2007; Page A01

New York Mayor Michael R. Bloomberg, a self-made billionaire, has told friends more than once that his definition of good financial planning is making sure the check to the undertaker bounces when it’s finally time to go.

So how does a billionaire spend all his money before he dies? In Bloomberg’s case, he just might drop a cool half-billion on a long-shot bid to become the nation’s first modern president from outside the two major political parties.

As fellow New Yorkers Rudolph W. Giuliani (R) and Hillary Rodham Clinton (D) campaign vigorously across the country to become their parties’ nominees and prepare for what would be an electric general-election clash, Bloomberg is governing the “ungovernable city” — and patiently waiting in the wings.

Publicly, the Democrat-turned-Republican professes no interest in the top job at 1600 Pennsylvania Ave. But the founder of the Bloomberg financial news empire has dropped enough hints and has had enough tantalizing discussions with potential supporters that people who observe the city’s politics for a living are convinced he is at least thinking about it.

First Forbes backs Giuliani and now Bloomberg considers a run….I think Hillary is screwed.

Update by Nate @ 2:13pm 4/1:

We need Michael Bloomberg like we need a whole in the head in my opinion. However, I think you’re correct in that he’d give Hillary more trouble than anyone else.