Bloomberg editor apologizes over private data
The editor-in-chief of Bloomberg News apologized on Monday for the financial news service's practice of accessing private data on clients through the company's ubiquitous information service for stock and bond traders.
Journalists at Bloomberg News, until recently, had been able to see when clients last accessed their Bloomberg information terminals and what broad categories of functions they used. Goldman Sachs had complained that a Bloomberg reporter was using the information to investigate whether a Goldman employee had departed.
“Our client is right,” editor-in-chief Matthew Winkler said in an online posting. “Our reporters should not have access to any data considered proprietary. I am sorry they did. The error is inexcusable.”
Show commenting policy
TribLive commenting policy
You are solely responsible for your comments and by using TribLive.com you agree to our Terms of Service.
We moderate comments. Our goal is to provide substantive commentary for a general readership. By screening submissions, we provide a space where readers can share intelligent and informed commentary that enhances the quality of our news and information.
While most comments will be posted if they are on-topic and not abusive, moderating decisions are subjective. We will make them as carefully and consistently as we can. Because of the volume of reader comments, we cannot review individual moderation decisions with readers.
We value thoughtful comments representing a range of views that make their point quickly and politely. We make an effort to protect discussions from repeated comments either by the same reader or different readers.
We follow the same standards for taste as the daily newspaper. A few things we won't tolerate: personal attacks, obscenity, vulgarity, profanity (including expletives and letters followed by dashes), commercial promotion, impersonations, incoherence, proselytizing and SHOUTING. Don't include URLs to Web sites.
We do not edit comments. They are either approved or deleted. We reserve the right to edit a comment that is quoted or excerpted in an article. In this case, we may fix spelling and punctuation.
We welcome strong opinions and criticism of our work, but we don't want comments to become bogged down with discussions of our policies and we will moderate accordingly.
We appreciate it when readers and people quoted in articles or blog posts point out errors of fact or emphasis and will investigate all assertions. But these suggestions should be sent via e-mail. To avoid distracting other readers, we won't publish comments that suggest a correction. Instead, corrections will be made in a blog post or in an article.
- Kennametal plans plant closings, job cuts in fallout from oil and gas decline
- Consol Energy posts $74M profit in fourth quarter
- BNY Mellon is putting iconic Citizens Bank Tower up for sale
- BNY Mellon expands role for treasury exec
- Pipeline companies weather downturn in prices of natural gas, oil
- Credit card privacy a myth, study shows
- Alibaba finally called out on counterfeits
- Fight to lift crude export ban grows
- McDonald’s works to recapture golden status
- Almost half of households exhaust their income
- Super Bowl ads win by playing to viewers’ emotions, experts say