Daily Archives: August 28, 2018

Bloomberg News Reportedly Threw Its Reporter Under the Bus After Wells Fargo CEO Complained

A good rule of thumb in investigative journalism is that if someone in power is complaining about your work, you’re probably on the right track. That, however, didn’t stop Bloomberg News from reportedly reassigning one of their reporters after a bank CEO complained about their coverage.

According to CNN, Bloomberg reporter Shahien Nasiripour had been working on a series of reports about Wells Fargo—beginning with an article in Marchabout the bank’s relationship with the National Rifle Association—when Wells Fargo CEO Timothy Sloan called Bloomberg’s Editor in Chief John Micklethwait to voice his displeasure with Nasiripour’s reporting.

The call between the two bosses reportedly came after Nasiripour and a representative from Wells Fargo go into a heated argument over a memo Sloan had sent the company in response to the article linking the bank with the NRA. Per CNN:

Following the conversation, a member of the Wells Fargo public relations team contacted Caroline Gage, the global executive editor for finance at Bloomberg News. Gage then asked Nasiripour to apologize to the Wells Fargo public relations team for his conduct during the call. Nasiripour agreed to do so and did.

Finally, the feud came to a head last month when Nasiripour was reportedly called into Micklethwait’s office, and told he’d been reassigned to cover the Trump Organization. Citing “people briefed on the conversation,” CNN reported that Micklethwait mentioned Sloan’s complaint about Nasiripour’s behavior during the meeting.

Read on.