Michael Bloomberg to fund independent group to boost Democrats this year

Michael Bloomberg will form an independent group to help elect the Democratic presidential nominee in November, fulfilling a vow to put his $60 billion personal fortune to work even after abandoning his own White House bid on Wednesday.The independent expenditure organization will employ some of the enormous staff he built during his months-long presidential campaign, when he spent more than $500 million on an unprecedented advertising blitz only to register disappointing results in 14 state con