Goldman Sachs is rightfully upset with Bloomberg LP and some reporters at Bloomberg News. The New York Post reports that execs at the investment firm confronted Bloomberg LP after realizing that Bloomberg News staffers were using Bloomberg Terminals to essentially spy on Goldman Sachs’ activity.
Sources told the Post that Bloomberg News reporters could see when Goldman Sachs workers logged in and what specific information they had accessed. In one case, a reporter asked a Goldman exec if someone had left the firm, because that person hadn’t used the terminal recently.
“You can basically see how many times someone has looked up news stories or if they used their messaging functions,” the “Goldman insider” explained. “It made us think, ‘Well, what else does [Bloomberg] have access to?'”
Once notified of Goldman’s concerns, Bloomberg LP “decided to disable journalist access to this customer relationship information for all clients,” said a spokesperson.