Bloomberg News tax reporter Ryan Donmoyer is leaving the wire service for a job at tax firm Ernst & Young, reports Ira Stoll of FutureofCapitalism.com.
Stoll writes, “Bloomberg customers curious about how Mr. Donmoyer got his job at Ernst & Young can use their terminals to browse some of the past coverage. Ernst & Young global tax vice chairman Mark Weinberger was quoted so regularly by Mr. Donmoyer in Mr. Donmoyer’s Bloomberg dispatches that he practically deserves a cut of Mr. Donmoyer’s Bloomberg wages: May 29, 2009; July 7, 2009; February 11, 2005; June 19, 2006; February 11, 2007; June 20, 2007, October 25, 2004.
The web site of the American Council for Capital Formation even carries a photograph of Mr. Weinberger and Mr. Donmoyer standing next to each other at a June 2010 event. How was a reader of the Bloomberg wire to know when seeing Mr. Weinberger quoted all those times whether Mr. Donmoyer viewed him as a source, as a potential future employer, or as some combination thereof?
Anyway, it sure looks like an opportunity for Bloomberg to improve its Washington tax coverage. Maybe Mr. Donmoyer will bring some of his editors along to Ernst & Young, too? David Cay Johnston?
Read more here. A former Bloomberg News staffer thinks the criticism of Donmoyer’s coverage of his future employer is unfair. What do you think?