Bloomberg's Bid For Third Term Holds Up

The Mayor and City Councilmembers did nothing wrong when they extended the city's term limits law. That's the word from a federal judge.

The judge ruled against a group of city officials, saying they failed to prove that the mayor and second-term City Council members forced the term extension bill into law for their own personal interests and not the peoples'.

Councilman Bill DeBlasio says the judge got it wrong.

DeBlasio: This was a naked power grab, there's no question about it. It was obviously an effort for certain individuals to maintain their power. So I disagree with his decision.

Reporter: DeBlasio says the plantiffs will most likely take their case to the second circuit court of appeals.