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

WSJ union authorizes strike vote

Independent Association of Publishers’ Employees board authorized a strike vote to be conducted by its…

12 hours ago

SoCal News Group seeks an assistant biz editor

The Southern California News Group is seeking an assistant editor to help its jobs and…

13 hours ago

Tech reporter Krietzberg departs TheStreet for new opportunity

Ian Krietzberg, a tech reporter for TheStreet.com, is leaving for a new opportunity. He has…

13 hours ago

The problem with tech journalism

Timothy B. Lee writes in Asterisk magazine about why a lot of technology reporting is…

16 hours ago

WSJ names Douglass its deputy social strategy editor

Megan Douglass has been named deputy social strategy editor at The Wall Street Journal. Douglass previously…

17 hours ago

Business Insider’s Ridley joining The Female Lead

Business Insider's Louise Ridley is joining The Female Lead, the women's empowerment charity founded by Tesco Clubcard entrepreneur Edwina…

18 hours ago