Last November, I highlighted how Bloomberg News seemed to be censoring stories about corruption in China in order to preserve sales of its extremely expensive Bloomberg LP terminals in the region. The article was titled: How Bloomberg “News” Censors the News.
It appears the drama has continued into 2014, with the New York Times reporting that Ben Richardson, an editor in Asia at Bloomberg News, announced that he had resigned in protest. From the NY Times:
Ben Richardson, an editor at large in Asia at Bloomberg News, announced his resignation on Monday, citing the company’s handling of an investigative report in China late last year.
He is the third reporter or editor to leave the organization since several news organizations reported last November that Bloomberg had declined to publish an investigative article that explored financial ties between one of the wealthiest men in China and the families of top Chinese leaders.
“I left Bloomberg because of the way the story was mishandled, and because of how the company made misleading statements in the global press” afterward, he said in an email to the media news site Romenesko. He also wrote that Bloomberg employees faced legal action if they spoke out publicly.
That’s some “free press” we’ve got going here.
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