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Bloomberg News killed story, fired reporter, critical of China

Modern journalism: According to NPR, Bloomberg News killed an investigative story about China’s Communist Party elites and their high lifestyles — eventually firing the reporter — out of fear its publication would get their business kicked out of China.

Former Bloomberg News correspondent Mike Forsythe was part of a Bloomberg team that published an “award-winning investigation” in 2012 into the accumulation wealth by China’s ruling class. He was part of an ongoing effort in 2013 “focusing on Chinese leaders’ ties to the country’s richest man, Wang Jianlin. Among those in the reporters’ sights: the family of new Chinese President Xi Jinping. The story gained steam throughout 2013.”

The “story never ran,” NPR reports. The reason? NPR obtained audio of Bloomberg News founding editor-in-chief Matthew Winckler from a private conference call:

“It is for sure going to, you know, invite the Communist Party to, you know, completely shut us down and kick us out of the country … So, I just don’t see that as a story that is justified … There’s a way to use the information you have in such a way that enables us to report, but not kill ourselves in the process and wipe out everything we’ve tried to build there,” [emphasis in original]

This is the new organization owned and run by a former presidential candidate for the Democratic Party, Mike Bloomberg. And Bloomberg is still spending millions to support Democratic candidates across the country.

I however wonder what country he is working for. It certainly does not appear to be the U.S.

Genesis cover

On Christmas Eve 1968 three Americans became the first humans to visit another world. What they did to celebrate was unexpected and profound, and will be remembered throughout all human history. Genesis: the Story of Apollo 8, Robert Zimmerman's classic history of humanity's first journey to another world, tells that story, and it is now available as both an ebook and an audiobook, both with a foreword by Valerie Anders and a new introduction by Robert Zimmerman.

 
The ebook is available everywhere for $5.99 (before discount) at amazon, or direct from my ebook publisher, ebookit. If you buy it from ebookit you don't support the big tech companies and the author gets a bigger cut much sooner.


The audiobook is also available at all these vendors, and is also free with a 30-day trial membership to Audible.
 

"Not simply about one mission, [Genesis] is also the history of America's quest for the moon... Zimmerman has done a masterful job of tying disparate events together into a solid account of one of America's greatest human triumphs."--San Antonio Express-News

2 comments

  • Cotour

    A news organization must not be allowed to surrender their fundamental journalistic ethics and entire in order to essentially pander to a COMMUNIST government that disappears its people when they become displeased with them, and much, much worse! (Ethics, what a term to use in regards to journalists and the media)

    Bloomberg, just another NAZI sympathizer who turns a blind eye to what ever does not synch with his agenda in building his business in China. Much like all of the other corporate giants who because they are operating solely on their strategy model and the all mighty dollar (And the dollar is all mighty) and have rationalized the surrendering of their morality they can do what ever they please. And call it good.

    Q: Mr. Bloomberg: “Do you see president Xi as a dictator?”

    A: Bloomberg: “No, no, president Xi has his constituents to answer to”. Michael Bloomberg actually responded to that question in that manner, and he was serious. And he wanted to become our president?

    No different than any NAZI sympathizer.

  • wayne

    Cotour—
    I prefer the term Statist, ‘cuz it covers right & left wing totalitarianism. (But you are right on track, regardless.)

    “There is something extraordinarily dangerous about totalitarian Utopian visions.”
    Jordan Peterson
    https://youtu.be/8B7Gt-yxZXg
    6:30

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