The news gathering technique appears more widespread than the
Goldman incident, which was first reported by The New York Post. A
preliminary analysis at Bloomberg revealed that “several hundred”
reporters had used the technique, a person briefed on the analysis
said. (Bloomberg employs more than 2,400 journalists worldwide. A
spokesman declined to comment on the analysis and said no
reporters had been fired.)
There are also fears that the monitoring may have gone beyond Wall
Street. Banking regulators at the Federal Reserve are examining
whether their own employees were subject to tracking by Bloomberg
reporters, according to people briefed on the matter. A
spokeswoman for the Fed declined to comment.
This is a serious scandal.