After it was revealed that Bloomberg News staffers had used their terminals to spy on Goldman Sachs workers, Matthew Winkler, editor-in-chief of Bloomberg News, said the “error was inexcusable” and promised swift changes. That process has now started.
In a review of Bloomberg News’ operations, Clark Hoyt — the former New York Times public editor — suggested the company hire a standards editor and an ombudsman. Bloomberg News is complying with Hoyt’s recommendations. In a letter, Bloomberg’s president, Dan Doctoroff, explained:
We will appoint an Independent Senior Editor to serve as an independent avenue of appeal for issues and complaints around news coverage. This new position will assist in the ongoing development of best ethics practices and training on them. This individual will report to Bloomberg’s Chief Content Officer within the Office of the Chief Executive rather than the news organization.
We will establish a newsroom Standards Editor with the responsibility for making sure that News consistently adheres to The Bloomberg Way’s high standards for accuracy, rigor in reporting, balance and tone.