Michael Bloomberg just ended his first press conference since announcing in the Times that he will not be a candidate for president.

In response to a question about how he plans to "engage" the current candidates, as he said he aims to do, Bloomberg said he saw no need to form a 527 group to advance his agenda.

"If I want to get a message out, I think it is relatively easy to do," Bloomberg said.

When asked whether he would accept a vice-presidential nomination from Barack Obama, Bloomberg did not say no, but rather said that he didn't think the offer would be made.