Categories: OLD Media Moves

Bloomberg TV's coverage of the Goldman Sachs story

Betty Liu, an anchor at Bloomberg Television, talked with Benzinga.com’s Bud Fox about how the network has covered the Goldman Sachs fraud charges.

Here is an excerpt:

Q: Based on your talks with Wall Street experts, did this story come out of nowhere? Did anyone see this coming?

A: No, it most definitely didn’t come out of nowhere. There had been reports out months ago that Goldman was being investigated by the SEC for their CDO transactions. In addition to our coverage, Gretchen Morgenson and Louise Story of the New York Times wrote such a detailed account in December of what happened with this one Abacus deal that many on Wall Street felt this had to be true. The details were too compelling. Gregory Zuckerman of the WSJ wrote about this one trade in his book about John Paulson.

Q: As a journalist, how do cover this fast-moving story with accuracy?

A: That’s the essence of being a good news reporter, right? To be the fastest on a story but also accurate. You make sure you have your facts triple-checked, you bounce tidbits off more than one source to make sure everyone is hearing the same thing and you always check your facts through an original source of information.

Read more here.

Recent Posts

The evolution of the WSJ beyond finance

Rahat Kapur of Campaign looks at the evolution The Wall Street Journal. Kapur writes, "The transformation…

2 hours ago

Silicon Valley Biz Journal seeks a reporter

This position will be Hybrid in the office/market 3 days per week, and those days…

3 hours ago

Economist’s Bennet, WSJ’s Morrow receive awards

The Fund for American Studies presented James Bennet of The Economist with the Kenneth Y. Tomlinson Award…

10 hours ago

WSJ is testing AI-generated article summaries

The Wall Street Journal is experimenting with AI-generated article summaries that appear at the top…

11 hours ago

Cohen joining Bloomberg Tax

Zach Cohen is joining Bloomberg Tax to cover the fiscal cliff and tax issues on…

11 hours ago

Avila named interim editor for Automotive Dive

Larry Avila has been named interim editor for Automotive Dive, an Industry Dive publication. He…

11 hours ago