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Bloomberg has been known to publish misinformation themselves. In 2019, Bloomberg News was fined $7.6 million by the AMF (the French equivalent of the SEC) for
by maxharris 5y ago
Bloomberg has been known to publish misinformation themselves. In 2019, Bloomberg News was fined $7.6 million by the AMF (the French equivalent of the SEC) for publishing a hoax that caused a plunge in French stock prices. They denied responsibility, but that doesn't undo any of the transactions made in the French stock market on the basis of their false reporting.
https://thehill.com/homenews/media/475713-bloomberg-fined-76-million-for-false-report-that-sent-stock-prices-tumbling-in https://thehill.com/homenews/media/475713-bloomberg-fined-76...
https://www.reuters.com/article/us-france-amf-bloomberg/frances-amf-watchdog-fines-bloomberg-5-million-over-vinci-hoax-idUSKBN1YK1VN https://www.reuters.com/article/us-france-amf-bloomberg/fran...