Bloomberg
Media Bias by Omission: Bloomberg Doesn't Investigate Democratic Presidential Candidates
As of Nov. 2019, Bloomberg admits that it engages in bias by omission with a Lean Left bent. Mike Bloomberg, New York City mayor and founder of the financial software company that owns Bloomberg, officially entered the 2020 Democratic presidential race in Nov. 2019. According to a memo sent to editorial and research staff obtained by CNBC and verified by a Bloomberg spokesperson, Bloomberg News announced it would refrain from investigating Mayor Bloomberg and his Democratic rivals.
“We will continue our tradition of not investigating Mike (and his family and foundation ) and we will extend the same policy to his rivals in the Democratic primaries. We cannot treat Mike’s democratic competitors differently from him,” Editor-in-Chief John Micklethwait said in the memo.
In Dec. 2019, President Donald Trump's campaign announced it would stop credentialing Bloomberg News reporters for rallies and other events until the outlet resumed investigating Democratic candidates.
Mike Bloomberg is founder and 89% shareholder in Bloomberg LP, the financial software company that owns Bloomberg News.
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Pilar Gomez-Bravo knows a thing or two about financial crises. She’d been a credit insider in one guise or another at Lehman Brothers for about a decade when the last one hit.
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She’s selling junk bonds in a contrarian bet that the debt rally is on its last legs -- with the potential to trap funds with billions staked in levered and often illiquid assets.
“There’s an art to knowing when to leave the party,” said the director of fixed income for Europe in an interview. “In fact it’s over -- people are desperate and they’re hunting down the after-party. We probably only have a few hours left.”