All The Problems At Bloomberg Come Down To One Stat
The New York Times has a big four-author, four-page article about the problems at Bloomberg, which recently had to do a modest round of layoffs.There's one nugget in there that explains all of the...
View ArticleThe Most Accurate Economists On Wall Street
Every December, we're bombarded with "best of" lists, those seemingly subjective takes on which songs and movies ruled 2013.But the best thing about the market is that it's completely objective — we...
View ArticleBloomberg TV Star Susan Li Heads To CNBC
Anyone in the U.S. who's trying to get the jump on tomorrow's headlines is watching the Asian market action. And if your TV is on, you're either watching "Asia Squawk Box" on CNBC or "First Up with...
View ArticleREPORT: Chinese Officials Barged Into Bloomberg News For An 'Inspection'
Chinese officials conducted "unannounced inspections" at two Bloomberg News bureaus at the end of November, Fortune's Peter Elkind and Scott Cendrowski report.The inspections at the Beijing and...
View ArticleChinese Officials Barred A Bloomberg Journalist From A Press Conference With...
PM avoids public clash over human rights during first day of Far East trip despite British journalist being barred from a press conferenceDavid Cameron avoided a public clash with China over its human...
View ArticleThe Daily Show Goes After A Peculiar Blackstone Deal And Rips Financial Media...
In October, Bloomberg's Stephanie Ruhle, Mary Childs, and Julie Miecamp reported that private equity firm Blackstone structured a strange financial maneuver to pay a company to force it to miss a debt...
View ArticleBloomberg Wrote A Vicious Takedown Of One Of Wall Street's Favorite Restaurants
I don't expect this from Bloomberg, but I like it.This week, reporter Ryan Sutton published his review of the new NYC location of Tao, one of Wall Street's favorite upscale restaurant/party spots.Now,...
View ArticleBloomberg News Pays Reporters More If Their Stories Move Markets
Bloomberg News has an unusual practice of paying some of its reporters explicitly for publishing "market-moving" stories.This is one of many metrics that is factored into reporters' annual bonuses.This...
View ArticleRises In Inequality And Homeless People May Tarnish Mayor Bloomberg's Legacy
Bloomberg: 3-term NYC mayor's impact unquestioned, but his legacy still hotly debatedNEW YORK (AP) — When Michael Bloomberg took the oath as mayor nearly a dozen years ago, he was a political neophyte...
View ArticleNow Banks Can Track Traders' Naughty Instant Messages In Real Time And Block...
One depressing, if not mildly funny corollary of recent finance scandals has been the subsequent release of a trove of incriminating trader instant messages.The Libor rigging affair, for example, had...
View ArticleFraternity Bros Are Running Wall Street
A great new Bloomberg News article shows how Wall Street is dominated by members of college fraternities, and how far bankers will go to help out their brothers.Interviews with dozens of fraternity...
View ArticleWhat Hazing Is Like At The Deadliest Frat In The Country
Rushing fraternities is a nightmare. One survivor of the rush process at a chapter of the deadliest frat in the U.S., according to Bloomberg News, compared his experience to that of a spy getting...
View ArticleThe 30 Most Successful Hedge Funds On Wall Street In 2013
What's a new year without a scoreboard check?The February issue of Bloomberg Markets Magazine contains its annual ranking of the 100 best performing large ($1 billion-plus AUM) hedge funds of the...
View ArticleIt's Crazy How Much Better 2013's Best Hedge Fund Did Than Almost Everyone Else
This morning Wall Street's buzzing about Bloomberg Markets Magazine's annual list of 100 best big hedge funds of the previous year (big meaning more that $1 billion assets under management).Part of...
View ArticleBloomberg Calls For All Frats To Be Abolished
A new editorial from Bloomberg View calls for the end of student Greek life, arguing that "the fraternities that dominate so much of collegiate social life are of dubious value."This editorial follows...
View ArticleI Joined A Fraternity And It Was One Of The Best Decisions I Ever Made
Disclosure: I was in a fraternity in college. Further disclosure: It was one of the best decisions I made in my four years on campus.The common reaction to my fraternity membership is to dismiss Greek...
View ArticleThe New Bloomberg Businessweek Cover Does Bitcoin, And It's Literally Fantastic
This week's Bloomberg Businessweek cover story features Bloomberg's Ashlee Vance and Brad Stone covering "The Bitcoin-Mining Arms Race."As usual, the cover of the magazine itself comes close to...
View ArticleMike Bloomberg Is Way More Dressed Up At His New Job Than He Was As Mayor
On Monday, Michael Bloomberg went back to work at his own company, Bloomberg, after spending 12 years as New York City's Mayor.Now we are fairly certain that some things about his work style have...
View ArticleThe 22 Most Exciting Emerging Markets In The World
Since the beginning of the year emerging markets have gotten completely routed.There have been a number of explanations — a Chinese slow down, the davaluation of the Argentine peso, political problems...
View ArticleThe 16 Hottest Frontier Markets On The Planet
For some investors, choppy waters, uncertainty, and volatility are just the price of rapid growth.Even more, they're a thrill.For these investors, Bloomberg Markets Magazine has compiled a list of the...
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