Categories: OLD Media Moves

Thomson Reuters CEO defends Goldman blog post

Tom Glocer, the CEO of Thomson Reuters, defended his blog post last month last month defending Goldman Sachs during a talk with a Financial Times business journalist on Tuesday to discuss the company’s earnings.

The blog post upset journalists at Reuters, which has been closely covering the charges against the investment bank.

Andrew Edgecliffe-Johnson of the Financial Times writes, “Mr Glocer defended his decision to comment on his blog last month about fraud charges against Goldman Sachs, a large client and a subject of intense scrutiny by journalists at Reuters and elsewhere.

“His warning of a ‘rush to judgement’ by ‘our media-driven society’ and suggestion that Goldman’s problems may only be the fault of ‘a couple of bad apples’ angered some Reuters journalists, but Mr Glocer told the FT: ‘I stand by whatever I wrote.’

“‘It’s a personal blog and I write about what interests me,’ he said. Nobody at Goldman had asked him to make his remarks, he said. ‘I guess the question is: Can the CEO of Thomson Reuters have a blog at all and if so can he ever comment on a client. I’m comfortable with where it is.’

“He would not censor negative comments on the blog, he added.”

Read more here.

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