Categories: OLD Media Moves

Some Reuters news staffers upset with CEO's Goldman comments

Talking Biz News is hearing from some reporters and editors at Reuters who are miffed about the comments made by their CEO, Tom Glocer, about Goldman Sachs at the same time they’re trying to cover the company.

Glocer has written a blog post decrying the “rush to judgment” in the “media driven culture” about Goldman Sachs, accused earlier this month of fraud by the Securities and Exchange Commission. He has lots of friends there, and they’re good guys, he writes.

Meanwhile, the Reuters wire on Tuesday alone is running 21 separate news stories, analyses, commentaries, factboxes, and graphics on the Goldman case. Reporters worked through the weekend to keep up with the latest developments. Reuters editors have decided this is a major story.

Also, Glocer himself seems to have reached his own conclusions — the government’s case is weak — even as he says people shouldn’t form conclusions until all the facts are out, note some Reuters staffers. See comments on The Baron blog here.

Conclusion: Reuters reporters are busting tail covering this story, and their boss seems to be more concerned that his friends are feeling embarrassed to work at Goldman these days.

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