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It seems like that would make it extremely to keep journalistic integrity while working under such a compensation / commission structure. How are you supposed
by lawrenceyan 7y ago
It seems like that would make it extremely to keep journalistic integrity while working under such a compensation / commission structure.
How are you supposed to trust a Bloomberg article when the writers are designing them specifically in a way to try and purposely move the market? They would have every incentive to exaggerate, embellish, and even go so far as lie as shown in this instance.
- kevinmchugh 7y agoThey also had an incentive to ignore or deprioritize stale or low impact stories. The bonuses required that the market impact be durable, and the stories still had to be edited to fit house style.