Richardson: “Uncomfortable” with spiking stories
Ben Richardson, the former editor at large at Bloomberg News who quit earlier this month due to concerns about the news organization’s decision to spike stories critical of businessmen tied to the Chinese government, spoke Tuesday about the move with David Folkenflik of “All Things Considered.” In the segment, Richardson is quoted as saying, “It […]
Ben Richardson speaks and wants Bloomberg to respond
Ben Richardson, the Bloomberg News editor who was involved in editing the spiked China stories, spoke with James Fallows of The Atlantic about how he decided to resign from the company and what happened. Here is an excerpt: James Fallows: Four months ago, during the Mike Forsythe episode, Bloomberg officials contended that his stories just […]
Video mocks Bloomberg in China with another resignation
Next Media Animation has posted another video making fun of Bloomberg News in the wake of the resignation of editor at large Ben Richardson due to Bloomberg’s handling of sensitive stories in China. Next Media also produced a video when it was disclosed that Bloomberg had held the stories for fear of upsetting the Chinese […]
Seeking Alpha editor: We did not disclose anonymous source
Eli Hoffmann, senior vice president and editor in chief of Seeking Alpha, writes about the resolution of its case with Greenlight Capital’s David Einhorn, who wanted the financial site to disclose the name of an anonymous writer who disclosed one of Einhorn’s investments. Hoffmann writes, “We were about to file our opposition to this petition, […]
Anonymous sources, Trish Regan and business journalism
Felix Salmon of Reuters writes Monday about Bloomberg Television’s Trish Regan and her interview with Seeking Alpha CEO David Siegel where she was critical of his company’s refusal to disclose the name of an anonymous writer who had disclosed an investment by hedge fund manager David Einhorn. Salmon writes, “Let’s say that the blogger in […]
Investor asks for his ban from CNBC to be lifted
Doug Kass, a money manager who writes for TheStreet.com, writes about how he has been banned from appearing on Larry Kudlow‘s last show of “The Kudlow Report” for comments he made last year in a New York Post article. Kass writes, “This morning I am reaching out to CNBC to put my comments in the New York Post in […]
Seeking Alpha president discusses anonymous writers
Seeking Alpha President David Siegel discusses crowd-sourced stock opinions on Bloomberg Television’s “In The Loop.” He also addressed the issues regarding Seeking Alpha allowing writers to post anonymously on its website. “Our focus is on building the best possible site we can with a vigorous editorial review,” said Siegel in the interview. He said that […]
Bloomberg’s growing China problem
Dean Starkman of Columbia Journalism Review writes about Bloomberg News and its coverage in China in the wake of chairman Peter Grauer stating earlier this week that the company needs to rethink whether it does investigative reporting in the country. Starkman writes, “Say a ‘business’ story about a failing company turns up accounting problems, and […]
Stock promoters making inroads on financial news sites
Stephen Gandel of Fortune writes about how the writing of stock promoters is increasingly being found on financial news sites. Gandel writes, “In the past year or so, several finance websites — including Forbes.com, Seeking Alpha, Wall St. Cheat Sheet, and others — have published articles by authors who were allegedly paid to promote the […]
Bloomberg should have rethought articles on China, says chairman
Bloomberg News should have reconsidered articles that deviated from its core business-news coverage in light of the huge potential for its products in the Chinese market, the chairman of Bloomberg LP said in a speech on Thursday. Neil Gough of the New York Times writes, “Bloomberg, the financial data and news company, relies on sales […]
