Bloomberg Has No Comment on Bloomberg

Bloomberg News will not be commenting on Michael Bloomberg returning to Bloomberg LP. According to The New York Times, Bloomberg LP has a policy to never report on itself, and that includes when the sheriff returns to town. Even if that town was founded by — and named after — the sheriff.

Bloomberg’s policy reads that “Bloomberg News doesn’t originate stories about the company” and therefore will not cover the “wealth or personal life” of its 72-year-old majority owner and founder.

Matthew Winkler, Bloomberg News’ editor-in-chief, told the Times in an email that self-reporting was “an inherent conflict of interest and no outlet does it well.”

Even