Wednesday, December 18, 2013

Bloomberg Reporters: Move Markets, Make More Money

Bloomberg News pays reporters more if their stories move markets

Julia La Roche, Business Insider:
"This practice is not widespread in the financial news industry, and journalists we spoke to from other outlets were not aware that it is used at Bloomberg. We also canvassed traders, bankers and public relations professionals. None of them had heard this before, either."

The business of business journalism.

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