Ackman Cash for Booker Brings $240 Million Aid From Wall Street

By Christine Richard (Bloomberg) – Bill Ackman’s first tour of Newark ended at aspiring Mayor Cory Booker’s apartment in a housing project plagued by drug dealers and rats. The hedge fund manager still recalls a sinking feeling as graffiti-covered elevator doors closed and they rode to the 16th floor in pitch darkness.

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Newark’s Mayor Woos Schools Backers

By Barbara Martinez (The Wall Street Journal) – Newark Mayor Cory Booker is expected to announce Monday that he has raised $40 million of the $100 million needed to match a grant put forth last week by Facebook founder Mark Zuckerberg to help Newark schoolchildren.

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