COMMENT: I wanted to throw my two cents into this tariff mess. I have lost all respect for Bloomberg. They are the fake news. The political bias dominates all of their articles. I saw what they did to you and refused to ever publish the truth. They kept telling the world you were in contempt for $1 billion that was missing when it was $1.3 million, and never fessed up that the bank stole the money and had to plead guilty and repay your clients. The mere fact that you had no restitution said it all, yet they kept you in prison on civil contempt to turn over assets for something you never owed. They have covered stories of Trump with the same dishonesty. Pronouncing the NASDAQ was in a bear market, with the S&P 500 soon to follow, was the final straw.
Yesterday, they wrote that Donald Trump appeared to blink in the face of global, domestic, and perhaps most importantly, Wall Street fury at his single-handed destabilization of stock markets, bonds, and even oil prices. It was the press that caused the crash, not Trump. Everyone knows that Trump plays the art of the deal. The whole tactic was to create free trade. I agree, if Kamala had won, they would be blaming evil capitalists and Republicans, trying to make her look bad.
They have joined the leftist agenda of fake news. I cancelled my subscription.
BQ
REPLY: It is worse than that. Our reports used to be on Bloomberg. They deleted all of our previous reports. Mark Pittman had even written an article on what we were doing in Japan, buying distressed portfolios, and each transaction was approved by the Japanese Minister of Finance (MOF). When the charges were filed, I met Mark at the Hyatt by Grand Central Station. He knew the charges were false and said to me, “We are not going to let them do this to you.” Bloomberg removed Mark from ever covering anything about my story and deleted all the evidence that showed the charges were false.
Bloomberg crossed to the Dark Side.
Then again, it’s Hard to find Any Mainstream News That is not Fake Today
The Real Question is WHY have they become Fake News?
