Resumen de Bloomberg's folly
French discusses how Bloomberg News, a wing of financial-data giant Bloomberg LP became an important player in international news all because of its China coverage. The crisis blew into public view last November when The New York Times, followed by the Financial Times and others, reported that a big, new enterprise project from Bloomberg, said to have documented an extensive web of corrupt ties between one of China's wealthiest businessmen and elite politicians, had been spiked at an unusually late stage in the editing process. The reported spike came after an extensively footnoted version of the story had been fact-checked and pored over by company lawyers, and after members of the reporting team had been praised internally for yet more stellar work.
