3 ms·
I was kind of close to Forsythe's first investigation was published and his next one was silenced. The New York Times's similar, and subsequent, investigation i
by bbgthrowaway 7y ago
I was kind of close to Forsythe's first investigation was published and his next one was silenced. The New York Times's similar, and subsequent, investigation into Wen Jiabao's corruption gained it a Pulitzer in 2013. Bloomberg journalists widely and correctly thought that the Pulitzer process showed a clear bias toward the NYT in favoring the paper's derivative work on an outgoing politician, rather than the trail-blazing work on the man who is now China's leader.
Here's some context: In 2013, after decades of reporting, Bloomberg News had never won a single Pulitzer. It ate at Winkler. One of the reasons Bloomberg employed Forsythe and funded the investigations of him and his team was in pursuit of that prize. The news organization and the company showed a lot of courage in publishing Forsythe's first investigation. And it suffered huge economic consequences. Its terminal sales to banks in China slowed considerably after that.
Bloomberg won its first Pulitzer two years later, in 2015, for a series of explainers on corporate tax inversions. That was after it had re-organized and some would say eviscerated the projects and investigations team that Forsythe worked on.
https://www.poynter.org/reporting-editing/2015/bloomberg-gets-its-first-pulitzer/ https://www.poynter.org/reporting-editing/2015/bloomberg-get...
What Bloomberg realized, of course, as Bezos has realized with the Washington Post, is that owning a real news organization makes doing business complicated, because the best news stories contain information that someone wants to keep quiet. Bloomberg News has learned to toe the line on China, and that should scare people. It's a microcosm of how China intimidates individuals and businesses (and non-profits like the WHO) around the world.