A Wilson Pakula is an authorization given by a political party to a candidate for public office in the State of New York that allows the candidate not registered with that party to run as its candidate in a given election.
62-535: The name refers to the Wilson Pakula Act of 1947, authored by state senator Irwin Pakula and then-assemblyman and future governor Malcolm Wilson , which forbids candidates from receiving the nomination of a political party if they are not registered as a member of that party, unless they receive permission to enter the primary from party officials representing a majority of the vote in the jurisdiction. In
124-446: A Wall Street trading floor, in which dozens of aides and managerial staff are seated together in a large chamber. The design is intended to promote accountability and accessibility. Bloomberg accepted a remuneration of $ 1 annually in lieu of the mayoral salary. As mayor, Bloomberg turned the city's $ 6 billion budget deficit into a $ 3 billion surplus, largely by raising property taxes. Bloomberg increased city funding for
186-468: A technocratic managerial style . As the mayor of New York, Bloomberg established public charter schools , rebuilt urban infrastructure, and supported gun control , public health initiatives, and environmental protections . He also led a rezoning of large areas of the city, which facilitated massive and widespread new commercial and residential construction after the September 11 attacks . Bloomberg
248-578: A Republican. Also arrested were the Mayor of Spring Valley and local Republican party leaders. Governor Andrew Cuomo unveiled a bill to repeal the Wilson Pakula Act, as a way of addressing state corruption. The bill requires non-party member candidates to go through a petition process to use that party's ballot access. Irwin Pakula Irwin Pakula (December 4, 1897 – May 1988) was an American lawyer and politician from New York . He
310-559: A Wilson Pakula in order to run with the Republican nomination a third time. More recently, the New York Republican Party chairman, Edward F. Cox , spearheaded an effort to get a Wilson Pakula for Steve Levy , a Democrat, to run on the Republican line. His effort was unsuccessful as Levy received only 43% of the vote at the Republican state convention, short of the majority he needed. In 2017, Bo Dietl also sought
372-819: A feeling echoed by others. Bloomberg opposed the confirmation of John Roberts as Chief Justice of the United States . Bloomberg is a staunch supporter of abortion rights and did not believe that Roberts was committed to maintaining Roe v. Wade . In addition to Republican support, Bloomberg obtained the endorsements of several prominent Democrats: former Democratic mayor Ed Koch ; former Democratic governor Hugh Carey ; former Democratic City Council Speaker Peter Vallone , and his son, Councilman Peter Vallone Jr. ; former Democratic Congressman Floyd Flake (who had previously endorsed Bloomberg in 2001), and Brooklyn Borough President Marty Markowitz . On October 2, 2008, Bloomberg announced he would seek to extend
434-542: A former Democratic congressman , to become the Republican nominee. After a runoff , the Democratic nomination went to New York City Public Advocate Mark Green . Bloomberg received Giuliani's endorsement to succeed him in the 2001 election. He also had a huge campaign spending advantage. Although New York City's campaign finance law restricts the total amount of contributions that a candidate can accept, Bloomberg chose not to use public funds and therefore his campaign
496-560: A gain of $ 4.5 billion over the previous year, the world's biggest increase in wealth from 2008 to 2009. Bloomberg moved from 142nd to 17th in the Forbes list of the world's billionaires in only two years. In the 2019 Forbes list of the world's billionaires, he was the ninth-richest person ; his net worth was estimated at $ 55.5 billion. Currently, Bloomberg's net worth is estimated at $ 106 billion, ranking him 12th on Forbes' list of billionaires. Bloomberg assumed office as
558-580: A record for the most money ever spent on a presidential primary campaign. His campaign blanketed the country with campaign advertisements on broadcast and cable television, the Internet, and radio, as well as direct mail . Bloomberg also spent heavily on campaign operations that grew to 200 field offices and more than 2,400 paid campaign staffers. His support in nationwide opinion polls never exceeded 15 percent but stagnated or dropped before Super Tuesday , while former vice president Joe Biden had become
620-544: A sixfold increase in documented stops. The policy was challenged in U.S. Federal Court , which ruled that the city's implementation of the policy violated citizens' rights under the Fourth Amendment of the Constitution and encouraged racial profiling. Bloomberg's administration appealed the ruling; however, his successor, Mayor Bill de Blasio, dropped the appeal and allowed the ruling to take effect. After
682-544: A speech at the 2016 Democratic National Convention in which he called Hillary Clinton "the right choice". Bloomberg warned of the dangers a Donald Trump presidency would pose. He said Trump "wants you to believe that we can solve our biggest problems by deporting Mexicans and shutting out Muslims. He wants you to believe that erecting trade barriers will bring back good jobs. He's wrong on both counts." Bloomberg also said Trump's economic plans "would make it harder for small businesses to compete" and would "erode our influence in
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#1732783288166744-420: Is considered to have had far-reaching influence on the politics , business sector , and culture of New York City during his three terms as mayor. He has also faced significant criticism for the city's stop and frisk program, support for which he reversed with an apology before his 2020 presidential run. After a brief stint as a full-time philanthropist, he re-assumed the position of CEO at Bloomberg L.P. by
806-690: The Iraq War . Bloomberg was re-elected mayor in November 2005 by a margin of 20 percent, the widest margin ever for a Republican mayor of New York City. He spent almost $ 78 million on his campaign, exceeding the record of $ 74 million he spent on the previous election. In late 2004 or early 2005, Bloomberg gave the Independence Party of New York $ 250,000 to fund a phone bank seeking to recruit volunteers for his re-election campaign. Former Bronx Borough President Fernando Ferrer won
868-484: The Reform Party ), there are no primary elections, and the first person to submit a valid independent nominating petition under a party name gets to use that line, regardless of that person's party registration. While less common, Wilson Pakula certificates have been given by major parties as well. In 2008, Mayor Michael Bloomberg , who became an independent after winning two elections as a Republican, had to obtain
930-527: The September 11 attacks , with assistance from the Central Intelligence Agency, Bloomberg's administration oversaw a controversial program that surveilled Muslim communities on the basis of their religion, ethnicity, and language. The program was discontinued in 2014. In a January 2014 Quinnipiac poll, 64 percent of voters called Bloomberg's 12 years as mayor "mainly a success". In 2001, New York's Republican mayor Rudy Giuliani ,
992-571: The United States Department of Defense , since June 2022. Bloomberg grew up in Medford, Massachusetts , and graduated from Johns Hopkins University and Harvard Business School . He began his career at the securities brokerage firm Salomon Brothers before forming his own company in 1981. That company, Bloomberg L.P. , is a financial information, software and media firm that is known for its Bloomberg Terminal . Bloomberg spent
1054-462: The blue jay costume for the university's mascot . He graduated in 1964 with a Bachelor of Science degree in electrical engineering . In 1966, he graduated from Harvard Business School with a Master of Business Administration (MBA) degree. Bloomberg is a member of Kappa Beta Phi and Tau Beta Pi . He wrote an autobiography, Bloomberg by Bloomberg , with help from Bloomberg News editor-in-chief Matthew Winkler . In 1966, Bloomberg
1116-614: The city's term limits law and run for a third mayoral term in 2009. Bloomberg said, "Handling this financial crisis while strengthening essential services ... is a challenge I want to take on," Bloomberg said at a news conference. "So should the City Council vote to amend term limits, I plan to ask New Yorkers to look at my record of independent leadership and then decide if I have earned another term." Ronald Lauder , who campaigned for New York City's term limits in 1993 and spent over 4 million dollars of his own money to limit
1178-587: The mayor of New York City for three terms from 2002 to 2013 and was a candidate for the 2020 Democratic nomination for president of the United States . In 2024, Bloomberg received the Presidential Medal of Freedom from President Joe Biden . He has served as chair of the Defense Innovation Board , an independent advisory board that provides recommendations on artificial intelligence , software, data and digital modernization to
1240-460: The 108th mayor of New York City on January 1, 2002. He won re-election in 2005 and again in 2009. As mayor, he initially struggled with approval ratings as low as 24 percent; however, he subsequently developed and maintained high approval ratings. Bloomberg joined Rudy Giuliani , John Lindsay , and Fiorello La Guardia as re-elected Republican mayors in the mostly Democratic city. Bloomberg stated that he wanted public education reform to be
1302-662: The 1940s, both the Republican and Democratic parties in New York became concerned that members of other political parties, especially the American Labor Party (ALP), were engaging in entryism by running candidates in their party primary elections and winning the nominations. While Democrats and Republicans had won elections with the support of the ALP in the past, accusations of the party's ties to Communists and
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#17327832881661364-914: The Democratic Party to "nominate a Democrat who will be in the strongest position to defeat Donald Trump ." However, due to his dissatisfaction with the Democratic field, Bloomberg reconsidered. He officially launched his campaign for the 2020 Democratic nomination on November 24, 2019. Bloomberg self-funded his campaign from his personal fortune and did not accept campaign contributions. Bloomberg's campaign suffered from his lackluster performance in two televised debates. When Bloomberg participated in his first presidential debate, Elizabeth Warren challenged him to release women from non-disclosure agreements relating to their allegations of sexual harassment at Bloomberg L.P. Two days later, Bloomberg announced that there were three women who had made complaints concerning him, and added that he would release any of
1426-432: The Democratic and Republican primaries, respectively. Quinn came in third in the Democratic primary and Lhota won the Republican primary. Bloomberg criticized Democratic mayoral candidate Bill de Blasio 's campaign methods, which he initially called "racist"; Bloomberg later downplayed and partially retracted those remarks. On January 1, 2014, de Blasio became New York City's new mayor, succeeding Bloomberg. Bloomberg
1488-663: The Democratic nomination to oppose Bloomberg in the general election. Thomas Ognibene sought to run against Bloomberg in the Republican Party's primary election. The Bloomberg campaign successfully challenged the signatures Ognibene submitted to the Board of Elections to prevent Ognibene from appearing on ballots for the Republican primary. Instead, Ognibene ran on only the Conservative Party ticket. Ognibene accused Bloomberg of betraying Republican Party ideals,
1550-536: The Independence Party on October 30 and November 2, 2009. The Independence Party then paid $ 750,000 of that money to Republican Party political operative John Haggerty Jr. This prompted an investigation beginning in February 2010 by the office of New York County District Attorney Cyrus Vance Jr. into possible improprieties. The Independence Party later questioned how Haggerty spent the money, which
1612-593: The Market Master terminal, was released to market in December 1982. In 1986, IMS renamed itself Bloomberg L.P. Over the years, ancillary products including Bloomberg News , Bloomberg Radio , Bloomberg Message, and Bloomberg Tradebook were launched. Bloomberg, L.P. had revenues of approximately $ 10 billion in 2018. As of 2019, the company has more than 325,000 terminal subscribers worldwide and employs 20,000 people in dozens of locations. The culture of
1674-679: The NYC Young Men's Initiative, a $ 127 million initiative to support programs and policies designed to address disparities between young Black and Latino men and their peers, and personally donated $ 30 million to the project. In 2010, Bloomberg supported the then-controversial Islamic complex near Ground Zero . Under the Bloomberg Administration, the New York City Police Department greatly expanded its stop and frisk program, with
1736-399: The Republican Party line to run for New York City Mayor . In April 2013, federal law enforcement officers arrested numerous New York City-area politicians. These included Democratic State Senator Malcolm Smith and Republican City Councilman Dan Halloran , who were charged with trying to bribe various Republican political leaders so as to get Smith onto the 2013 mayoral election ballot as
1798-490: The bill into law on November 3. Bloomberg's bid for a third term generated some controversy. Civil libertarians such as former New York Civil Liberties Union Director Norman Siegel and New York Civil Rights Coalition Executive Director Michael Meyers joined with local politicians to protest the process as undermining the democratic process. Bloomberg's opponent was Democratic and Working Families Party nominee Bill Thompson , who had been New York City Comptroller for
1860-471: The candidates to succeed him. On his radio show, he stated, "I don't want to do anything that complicates it for the next mayor. And that's one of the reasons I've decided I'm just not going to make an endorsement in the race." He added, "I want to make sure that person is ready to succeed, to take what we've done and build on that." Bloomberg praised The New York Times for its endorsement of Christine Quinn and Joe Lhota as their favorite candidates in
1922-582: The company in the 1980s and 1990s has been compared to a fraternity, with employees bragging in the company's office about their sexual exploits. The company was sued four times by female employees for sexual harassment , including one incident in which a victim claimed to have been raped. To celebrate Bloomberg's 48th birthday, colleagues published a pamphlet entitled Portable Bloomberg: The Wit and Wisdom of Michael Bloomberg . Among various sayings that were attributed to him, several have subsequently been criticized as sexist or misogynistic. When he left
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1984-604: The end of 2014, succeeding Doctoroff, who had led the company since February 2008. Bloomberg resigned as CEO of Bloomberg L.P. to run for president in 2019. In January 2024, John P. Angelos reached a $ 1.725 billion deal to sell the Baltimore Orioles to a group led by David Rubenstein . The group included Bloomberg, former Baltimore Mayor Kurt Schmoke , Cal Ripken , New York investment manager Michael Arougheti and NBA legend Grant Hill . In March 2009, Forbes reported Bloomberg's wealth at $ 16 billion,
2046-474: The end of 2014. In November 2019, four months before Super Tuesday, Bloomberg officially launched his campaign for the Democratic nomination for president of the United States in the 2020 election . He ended his campaign in March 2020, after having won only 61 delegates. Bloomberg self-funded $ 935 million for his candidacy, which set the record for the most expensive U.S. presidential primary campaign. Bloomberg
2108-559: The firm. Using the money he received from Phibro, Bloomberg—having designed in-house computerized financial systems for Salomon—set up a data services company named Innovative Market Systems (IMS) based on his belief that Wall Street would pay a premium for high-quality business information, delivered instantaneously on computer terminals in a variety of usable formats. The company sold customized computer terminals that delivered real-time market data, financial calculations and other analytics to Wall Street firms. The terminal, first called
2170-404: The first time are exempt, as are judicial candidates and those chosen by a caucus of the party members. Prior to the law's passage, candidates often ran in primary elections of multiple parties, creating a fusion ticket. Initially, it was thought that the law could end these fusion candidacies. However, in practice, it has allowed smaller parties in New York to remain relevant as candidates from
2232-623: The increasing tension of the Cold War were making these alliances less desirable. It has been asserted that the law was targeted specifically at Congressman Vito Marcantonio of East Harlem who won the nominations of both the Republican and Democratic parties after joining the ALP. New York Mayor William O'Dwyer advocated removing the influence of the ALP from the Democratic Party. After ALP candidates were successful in winning Republican nominations, Governor Thomas Dewey , who had run for district attorney with ALP support in 1937, turned against
2294-422: The legacy of his first term and addressing poverty to be the legacy of his second. Bloomberg chose to apply a statistical, metrics-based management approach to city government, and granted departmental commissioners' broad autonomy in their decision-making. Breaking with 190 years of tradition, he implemented what New York Times political reporter Adam Nagourney called a "bullpen" open office plan, similar to
2356-401: The major parties often seek their endorsements to expand their appeal. This is largely because of the unusual New York practice of allowing a candidate to have his name on the ballot once for each party who nominates him and to have all the votes for him or her on whatever line added together. A candidate that does not receive a Wilson Pakula but seeks to run in that party's primary election has
2418-562: The maximum years a mayor could serve to eight years, sided with Bloomberg and agreed to stay out of future legality issues. In exchange, he was promised a seat on an influential city board by Bloomberg. Some people and organizations objected and NYPIRG filed a complaint with the City Conflict of Interest Board. On October 23, 2008, the city council voted 29–22 in favor of extending the term limit to three consecutive four-year terms. After two days of public hearings, Bloomberg signed
2480-422: The members of such other committee, and except as hereinafter in this subdivision provided with respect to certain offices in the city of New York, may, by a majority vote of those present at such meeting provided a quorum is present, authorize the designation or nomination of a person as candidate for any office who is not enrolled as a member of such party as provided in this section. Parties running candidates for
2542-724: The new development of affordable housing through a plan that created and preserved an estimated 160,000 affordable homes in the city. In 2003, he implemented a successful smoking ban in all indoor workplaces, including bars and restaurants, and many other cities and states followed suit. On December 5, 2006, New York City became the first city in the United States to ban trans-fat from all restaurants. This went into effect in July 2008 and has since been adopted in many other cities and countries. Bloomberg created bicycle lanes , required chain restaurants to post calorie counts , and pedestrianized much of Times Square . In 2011, Bloomberg launched
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2604-550: The next twenty years as its chairman and CEO. As of April 2024, Forbes ranked him as the thirteenth-richest person in the world , with an estimated net worth of US$ 106.2 billion. Bloomberg, who has signed The Giving Pledge , has given away $ 17.4 billion to philanthropic causes in his lifetime. Bloomberg was elected the 108th mayor of New York City in 2001 . He held office for three consecutive terms, winning re-election in 2005 and 2009 . Pursuing socially liberal and fiscally moderate policies , Bloomberg developed
2666-496: The option of seeking an opportunity to ballot by circulating petitions in the same manner as any party member who seeks to challenge the designated party nominee in a primary. Primary candidates who run via the opportunity to ballot process cannot appear on the primary ballot and must run as write-in candidates .`The Wilson Pakula and opportunity to ballot laws only apply to qualified New York political parties ; for political organizations that do not meet that definition (for example,
2728-553: The party and sought to extricate the party from GOP primaries. On March 25, 1947, Dewey signed the Wilson Pakula Act into law. Its first target, Marcantonio, narrowly won re-election in 1948 running only on the ALP line, but was defeated in 1950. Challenges to the law's constitutionality were denied in a number of cases in New York State. In Werbel v Gernstein (1948), the court held that "the Wilson-Pakula Law
2790-572: The past eight years and before that, president of the New York City Board of Education . Bloomberg defeated Thompson by a vote of 51 percent to 46 percent. Bloomberg spent $ 109.2 million on his 2009 campaign, outspending Thompson by a margin of more than 11 to one. After the release of Independence Party campaign filings in January 2010, it was reported that Bloomberg had made two $ 600,000 contributions from his personal account to
2852-438: The position of CEO to pursue a political career as the mayor of New York City, Bloomberg was replaced by Lex Fenwick and later by Daniel L. Doctoroff , after his initial service as deputy mayor under Bloomberg. After completing his final term as the mayor of New York City, Bloomberg spent his first eight months out of office as a full-time philanthropist. In fall 2014, he announced that he would return to Bloomberg L.P. as CEO at
2914-417: The three if they request him to do so. Warren continued her attack in the second debate the next week. Others criticized Bloomberg for his wealth and campaign spending, as well as his former affiliation with the Republican Party. As a late entrant to the race, Bloomberg skipped the first four state primaries and caucuses. He spent $ 676 million of his personal fortune on the primary campaign, breaking
2976-539: The world". Trump responded to the speech by condemning Bloomberg in a series of tweets. In June 2018, Bloomberg pledged $ 80 million to support Democratic congressional candidates in the 2018 election , with the goal of flipping control of the Republican-controlled House to Democrats. In a statement, Bloomberg said that Republican House leadership were "absolutely feckless" and had failed to govern responsibly. Bloomberg advisor Howard Wolfson
3038-658: Was a member of the New York State Senate (7th D.) in 1947 and 1948 . In 1947, he co-sponsored, with Assemblyman Malcolm Wilson , the Wilson Pakula Act. In November 1948, he ran for re-election, but was defeated by Democrat William N. Conrad . In November 1956, Pakula defeated the incumbent Democratic State Senator James G. Sweeney , and was again a member of the State Senate in 1957 and 1958 . In November 1958, Pakula ran for re-election, but
3100-683: Was born on December 4, 1897, in Poland . The family emigrated to the United States when Irwin was still a child. He attended the public schools in New York City , and DeWitt Clinton High School . He graduated B.A. from the College of the City of New York , and J.D. from New York University School of Law . He practiced law in New York City, and entered politics as a Republican . Pakula
3162-536: Was born on February 14, 1942, at St. Elizabeth's Hospital , in the Brighton neighborhood of Boston , to William Henry Bloomberg (1906–1963), a bookkeeper for a dairy company, and Charlotte (née Rubens) Bloomberg (1909–2011). His father never earned more than $ 6,000 a year. William Henry Bloomberg died suddenly when his son was in college. The Bloomberg Center at the Harvard Business School
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#17327832881663224-512: Was chosen to lead the effort, which was to target mainly suburban districts. By early October, Bloomberg had committed more than $ 100 million to returning the House and Senate to Democratic power, fueling speculation about a presidential run in 2020 . On October 10, 2018, Bloomberg announced that he had returned to the Democratic party. On March 5, 2019, Bloomberg had announced that he would not run for president in 2020. Instead, he encouraged
3286-510: Was defeated by Democrat Seymour R. Thaler . He died in May 1988, in Lake Worth , Palm Beach County, Florida . Michael Bloomberg [REDACTED] Michael Rubens Bloomberg (born February 14, 1942) is an American businessman and politician. He is the majority owner and co-founder of Bloomberg L.P. , and was its CEO from 1981 to 2001 and again from 2014 to 2023. He served as
3348-449: Was designed to protect the integrity of political parties and to prevent the invasion into or the capture of control of political parties by persons not in sympathy with the principles of such political parties". The law states: The members of the party committee representing the political subdivision of the office for which a designation or nomination is to be made, unless the rules of the party provide for another committee, in which case
3410-458: Was frequently mentioned as a possible centrist candidate for the presidential elections in 2008 and 2012 , as well as for governor of New York in 2010 or vice-president in 2008. He eventually declined to seek all of these offices. In the immediate aftermath of Hurricane Sandy in November 2012, Bloomberg penned an op-ed officially endorsing Barack Obama for president, citing Obama's policies on climate change. On January 23, 2016, it
3472-437: Was hired for a job earning $ 9,000 per year at Salomon Brothers , a large Wall Street investment bank . Salomon Brothers later promoted him to the equities desk. Bloomberg became a general partner at Salomon Brothers in 1972; he headed equity trading and, later, systems development . Phibro Corporation bought Salomon Brothers in 1981, and the new management fired Bloomberg, paying him $ 10 million for his equity in
3534-477: Was ineligible for re-election due to the city's limit of two consecutive terms. Bloomberg, who had been a lifelong member of the Democratic Party , decided to run for mayor on the Republican ticket. Voting in the primary began on the morning of September 11, 2001. The primary was postponed later that day, due to the September 11 attacks . In the rescheduled primary, Bloomberg defeated Herman Badillo ,
3596-699: Was named in William Henry's honor. Bloomberg's family is Jewish , and he is a member of the Temple Emanu-El in Manhattan. Bloomberg's paternal grandfather, Rabbi Alexander "Elick" Bloomberg, was a Polish Jew . Bloomberg's maternal grandfather, Max Rubens, was a Lithuanian Jewish immigrant from present-day Belarus , and his maternal grandmother was born in New York to Lithuanian Jewish parents. The family lived in Allston until Bloomberg
3658-531: Was not subject to these restrictions. He spent $ 73 million of his own money on his campaign, outspending Green by a ratio of five to one. In the wake of the September 11 attacks, Bloomberg's administration made a successful bid to host the 2004 Republican National Convention . The convention drew thousands of protesters , among them New Yorkers against George W. Bush and the Bush administration's pursuit of
3720-546: Was reported that Bloomberg was again considering a presidential run, as an independent candidate in the 2016 election , if Bernie Sanders got the Democratic party nomination. This was the first time he had officially confirmed he was considering a run. Bloomberg supporters believed that Bloomberg could run as a centrist and capture many voters who were dissatisfied with the likely Democratic and Republican nominees. However, on March 7, Bloomberg announced he would not be running for president. In July 2016, Bloomberg delivered
3782-561: Was to go to poll-watchers. Former New York State Senator Martin Connor contended that because the Bloomberg donations were made to an Independence Party housekeeping account rather than to an account meant for current campaigns, this was a violation of campaign finance laws. Haggerty also spent money from a separate $ 200,000 donation from Bloomberg on office space. On September 13, 2013, Bloomberg announced that he would not endorse any of
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#17327832881663844-492: Was two years old, followed by Brookline, Massachusetts , for two years, finally settling in the Boston suburb of Medford, Massachusetts , where he lived until after he graduated from college. Bloomberg became an Eagle Scout when he was twelve years old. He graduated from Medford High School in 1960. He went on to attend Johns Hopkins University , where he joined the fraternity Phi Kappa Psi . While there, he constructed
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