Bloomberg defends NYC's $735M lawsuit payouts
Photo credit: Getty Images | New York City Mayor Michael Bloomberg is shown in this file photo. (May 25, 2012)
Mayor Michael Bloomberg went on the defensive Tuesday after a report found the city has paid more than $700 million to settle lawsuits this year.
Bloomberg said the Big Apple's $735 million in settlements -- which is roughly six times the amount Los Angeles pays on average -- is because of state and national tort laws that handcuff city lawyers.
"We always have these big payments as...
