Thursday, January 21, 2021

BLOOMBERG EDITOR QUITS OVER HANDLING OF CHINA STORY

March 25, 2014 by · Leave a Comment 

The resignation of a third editor at Bloomberg News has raised anew the question of whether the financial wire service and cable news network can continue to function as an organization that depends primarily on selling financial data terminals to government and business organizations while at the same time reporting unflinchingly on the various interests who buy those terminals. On Monday Ben Richardson, an editor-at-large in Asia for Bloomberg, said in an email to the media news site Romanesko that he was leaving the news organization because of the way an article that explored the financial ties between the families of some of China’s leaders and one of the country’s wealthiest men “was mishandled, and because of how the company made misleading statements in the global press” afterward. His resignation comes just days after Bloomberg Chairman Peter Grauer remarked that the company should reconsider publishing articles outside of pure business news because they could jeopardize the sale of data terminals in China.