If you are an influential user of a Bloomberg terminal—the $24,000-per-year glorified computers that the company sells to Wall Street trading firms, politicians, and banks—there's a chance the company's news division has a file on you that's chock full of personal information about your family, your predilections, and…
Just before scandal broke about Bloomberg reporters using private data from the company's ubiquitous terminals, Charles Glasser, an in-house lawyer responsible for training editors and reporters at Bloomberg News, announced his departure after 12 years with the company.
A high-ranking newsroom official for Bloomberg News was ordered last year to cut off reporters' access to information about how clients used the company's information terminals, according to a former Bloomberg reporter, but the spying continued anyway. The order followed complaints from JPMorgan Chase that Bloomberg…
What if the privacy breach that exposes the inner workings of Wall Street didn't come from hackers or careless inside traders, but rather from the machines that undergird the finance sector's entire operation? The New York Post reports that Goldman Sachs is up in arms with Bloomberg LP after it found Bloomberg…
Real Housewives of New York ring opening bell at NYSE, Dow tanks 155 points.
Even after our heartfelt appeal for someone, anyone to stop the pimped-out madness that has overtaken Ed McMahon's life, the 85-year-old was featured in an interview this morning of Fox Business, shilling once again for his latest benefactors. But when the chat turned from McMahon's evidently in-demand personal…
An Intuit tipster tells us that management gathered up the peons for a "a rah rah speech about making us the most admired company that everyone wants to work for," yesterday. Then they unveiled the new logo, pictured. "Needless to say no one in the Valley seemed to pay attention." Sure, we're watching Intuit! Just…
Instead of holding onto cash, tech firms such as Monster, Palm, Intuit, EarthLink and MetroPCS in recent years bought something called auction-rate securities. Basically — very basically — that means these companies loaned out around $856 million because banks told them they'd earn more than they would just holding…
The sale of 666 Fifth Avenue, the building purchased by the Kushner Companies just back in January for $1.8 billion dollars, is now being held up as an example of the bygone crazy financing of yesterday. (Remember early 2007? Wasn't it nuts?) The Kushner family got an interest-only mortgage for $1.215 billion—that's…
